Daily Tech: Circuit City Files For Bankruptcy

November 10, 2008

by POPSUGAR Tech 10

Not a happy day in Circuit City land. Today the company petitioned for Chapter 11 protection as it struggles to survive with competing retailers like Best Buy and Wal-Mart. — Switched
Last night on 60 Minutes, correspondent Scott Pelley exposed the electronic waste black market between the US and China. — Boing Boing
Ozzy Osbourne has teamed up with Samsung Mobile to promote their latest cell phone, the Samsung Propel. — CrunchGear
This year on Black Friday, Dell will offer their Xbox 360 Arcade and Rock Band 2 for $199! — Engadget
What a chic-looking charger! The Uniross imagine POM is a universal battery charger that's shaped like a cute apple! — Unplggd

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10 Comments

djkatscan 4 years 26 weeks

They will proabably sell the plan off to the insurance company that underwrites the warranty. You should call customer service to find out.

Design Diva 4 years 26 weeks

Great...so what does this mean for my two year extended warranty on my laptop???So sad, but I'm not surprised.

Design Diva 4 years 26 weeks

Great...so what does this mean for my two year extended warranty on my laptop??? So sad, but I'm not surprised.

starangel82 4 years 27 weeks

The Circuit City here is closing down... I went by expecting to find some bargins, but alas, not really. Maybe when they get closer to their closing date they will have some better deals. I hate to see Circuit City go though... we really don't have much in the way of an electronics store anymore.

kcwebgirl 4 years 27 weeks

i so want the 360 and rockband! i forsee a purchase coming on!

djkatscan 4 years 27 weeks

I work for Best Buy, but I feel terrible for all the people who lost jobs right before the holidays. It's terrible.

jmanley 4 years 27 weeks

Let's not lose sight of the fact that Circuit City has been getting hammered for years. Best Buy offers better pricing, selection and service in a physical store and Internet stores offer infinite selection and better prices. This is just another example of a bad company that can't survive a downturn.<a href="http://saleboutique.com">jmanley</a>

jmanley 4 years 27 weeks