How it became known, chain stores Circuit City, trade electronics, as well as computer and video games, due to financial problems (and again the economic crisis is to blame) was declared bankrupt. Commission, considering such questions, began the case Circuit City back in November 2008, but the decision was made only now. All 567 stores will be closed in the very near future, and more than 30,000 people will lose work.
Affairs at the network (the history of which employs 60 years) not too well in 2007, but in 2008 the leadership reported good sales and rapid growth of the video game sector. But, starting with the last summer, every day the situation became worse and worse. Network owners even started thinking about selling business. But did not have time.