montrealmarketingconsulting

montrealmarketingconsulting

Rest In Peace, Circuit City

By Dr. Eleanor Vance | Published on January 01, 0001

After closing 155 stores and filing for bankruptcy last year, the nation’s yono all app second largest electronics retailer Circuit City yono all app is now planning to liquidate its remaining 567 U.S. stores. https://kotaku.com/circuit-city-closes-155-stores-5075005 The troubled company had been trying to find a buyer or secure financing in order to stay afloat, but today they announced that their last-ditch attempts had failed.(new Image()).src = 'https://capi.connatix.com/tr/si?token=995c4c7d-194f-4077-b0a0-7ad466eb737c&cid=872d12ce-453b-4870-845f-955919887e1b'; cnx.cmd.push(function() { cnx({ playerId: "995c4c7d-194f-4077-b0a0-7ad466eb737c" }).render("79703296e5134c75a2db6e1b64762017"); }); “This is the only possible path for our company,” James A. Marcum, acting yono all app chief executive, said in a statement. “We are extremely disappointed by this outcome.” The closing of the remaining 567 stores w69 slot could mean unemployment for another 30,000 Americans at a time when being unemployed is not something you want to be. It’s also another blow to the nation’s malls, as the closures will result in a flood of empty big box retail locations in an economy where no one is in a position to fill them. “It will bring to market a glut of big box spaces across the country,” said John Bemis, head of Jones Lang LaSalle Inc.’s retail leasing team. “It will have one of the largest impacts on big box real estate across the yono all app country.” Troubling news indeed. Our condolences to those who will be left jobless in the wake of the closures. We w69 slot wish them the best of luck in finding gainful employment elsewhere. Circuit City to liquidate remaining US stores [San Francisco Chronicle]

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