Circuit City

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Circuit City to go into liquidation

Circuit City to go into liquidation

By 19 January 2009

567 Circuit City stores are to close, as, echoing the UK's Woolworths saga, a buyer cannot be found to rescue the chain. The second largest consumer electronics retailer in America, the chain filed for bankruptcy in autumn last year after revealing it... >>

Circuit City files for bankruptcy

Circuit City files for bankruptcy

By 10 November 2008

Just a week ago, the American retail chain Circuit City admitted it was going to have to shut down 155 stores and slash 17% of its 46,000 strong US workforce. Now things have gone from bad to worse and the company has filed for Chapter 11 bankruptcy.... >>

Circuit City closing 155 stores

Circuit City closing 155 stores

By 3 November 2008

The American retail chain Circuit City has been hard hit by the credit crunch and has admitted it is going to have to shut down 155 stores. The retailer, which had an unsolicited, and eventually unsuccessful, takeover bid from Blockbuster earlier this... >>

Microsoft launches Equipt subscription software for consumers

Microsoft launches Equipt subscription software for consumers

By 2 July 2008

Microsoft has unveiled "Equipt", an all-in-one security and productivity software subscription service for consumers. With one installation, Microsoft says the service delivers anti-malware protection technology, features to simplify PC management and... >>

Blockbuster withdraws Circuit City offer

Blockbuster withdraws Circuit City offer

By 2 July 2008

Blockbuster has announced that it has decided to withdraw its proposal to acquire Circuit City. The movie rental company said it has been in talks with the struggling Circuit City for months regarding an acquisition offering $6 to $8 per share in cash... >>

Blockbuster goes public with unsolicited bid for Circuit City

Blockbuster goes public with unsolicited bid for Circuit City

By 14 April 2008

Blockbuster has announced it is to take an unsolicited $1 billion-plus bid for Circuit City Stores Inc. directly to the consumer electronics chain's shareholders, saying Circuit City has not responded to repeated offers. The struggling movie rental company... >>


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