If you haven’t heard already, Circuit City will be closing 155 stores across the U.S. Most store closure’s are located in the Mid-west. Most stores are under performing.
This really doesn’t phase me a whole lot. Circuit City hasn’t been doing to well over the past few years. It’s stock is currently worth less than $1 a share. A Circuit City opened in the town next to me about 2 or 3 years ago. Every time I’ve gone in there, there’s only a few people in there looking around. Usually there are more associates than customers. However, according to the list, that store will remain open. But I’ll give it another year or two.