The Torrington Softball Forums

Circuit City will close 155 stores BUT NOT TORRINGTON

RICHMOND, Va. — Circuit City Stores (CC) said Monday that it is pulling the plug on about 20% of its U.S. stores in an effort to return the nation's No. 2 consumer electronics retailer to profitability.
The company said it will shutter 155 of its more than 700 stores in 55 markets, including Phoenix and Atlanta, by Dec. 31, laying off about 17% of its domestic work force. According to its website, the company had nearly 46,000 employees domestic and international at the end of February.

Circuit City also said it will further reduce store openings and plans to work with landlords to renegotiate leases, lower rent or terminate agreements.

The company said it expects the stores it is closing, which generated about $1.4 billion in net sales in fiscal 2008, will not open Tuesday and store-closing sales will begin Wednesday.

No offence but who really gives a damn bout Circuit City?

Ummm...because there's a Circuit City in Torrington and if they had closed, about 2 dozen people would have been outta' work.  Don't be a hater, Jman...Bruce is just spreading good news!

Blame BUSH.

Didnt think bout that, good call.