Circuit City to Close 155 Stores

Troubled electronics retailer Circuit City plans to close 155 of its U.S. stores, reduce future openings and renegotiate select lease agreements.Circuit City says its faltering position in the retail industry is due to the struggling economy and a lack in

April 6, 2018

Circuit City says its faltering position in the retail industry is due to the struggling economy and a lack in consumer confidence. The company also says it's still owed an income tax refund of about $80 million from the federal government.

Major shut downs include 24 Circuit City locations in California and 19 in Georgia. Closing sales are expected to begin on Wednesday, Nov. 5. A complete listing of store closings can be found,

here

.

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