Monday, January 19, 2009

Circuit City Going Out of Business



There is a Circuit City four or so blocks from where I live. I noticed the big yellow Going Out of Business banner and the Everything Must Go signs just this afternoon as we drove passed it. I tried to access the Circuit City website and got this announcement:

Circuit City would like to thank all of the customers who have shopped with us over the past 60 years. Unfortunately, we announced on January 16, 2009, that we are going out of business.
They announced that they were closing some of their stores a couple of months back, but due to challenges to their business and the bleak economic environment they are closing their doors and liquidating their assets to pay their debtors.

These Going Out of Business sales may give us good deals, but it is a sad reminder of the state of our economy. I hope and pray that it starts looking up soon.

The presidential inauguration is tomorrow - maybe change will bring us hope. Maybe change will stop more businesses from closing their doors for good.

Stay happy, healthy and hopeful, everyone! Change is good. Change is hope.

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