Circuit City To Close 567 Remaining US Stores January-16-2009

Circuit City became the largest retailer to fall victim to the expanding financial crisis Friday, announcing it will shut down its remaining 567 U.S. stores at the cost of 34,000 more jobs after failing to sell the business.
Two potential buyers -- Mexican billionaire Ricardo Salinas Pliego, who controls a chain of electronics stores in Latin America, and the Golden Gate Capital private equity firm -- considered a shrunken form of the business, retaining as many 350
http://www.freep.com/article/20090116/BUSINESS07/90116113/-1/rss07