What company is liquidating circuit city

Current seven-day subscribers to the Richmond Times-Dispatch can add unlimited digital access to their account for no extra charge. Your digital package includes unlimited use of on desktop, mobile web and our mobile app, as well as our replica e-edition. With your digital-only subscription you'll receive unlimited access to Richmond.com, our mobile website, mobile app and our replica e-edition. Your subscription includes popular sections such as RTD Metro Business on Mondays and Richmond Drives on Fridays. There was also significant involvement in a related Canadian liquidating proceeding, because Circuit City had a 500 store chain in Canada that was sold as a going concern to Bell Canada. - What began 60 years ago as a humble television store in this sleepy Southern capital ended Sunday as Circuit City closed its doors for good - its 567 remaining U. In its wake Richmond-based Circuit City Stores Inc. (former NYSE ticker symbol CC) is the name of a defunct American multinational consumer electronics corporation.

There was a small electronics store in my area that was closing down a few years back. The signature red shirts on employees were ditched in favor of jeans and sweatshirts; DVD sales racks that were once barely browsed were overrun by customers who couldn't help but dive in to the store's 50 percent off DVD sale.There were some nice Sony LCDs on the shelves, as well as Panasonic plasmas.I was drawn to the Panasonic TH-58pz800u, which was on sale for approximately ,600 at the store.Circuit City filed for Chapter 11 bankruptcy protection in November with hopes of emerging as a stronger company able to compete in the ever-expanding marketplace; shedding its .32 billion in debt and getting out of older real estate.Unable to work out a sale or secure new financing, the company will instead spend its remaining days tallying money from the sale of its assets, breaking or assigning its leases and paying off its growing list of creditors.They’re starting out by going where the customers already are.

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