Circuit City and Linen and Things closing stores

Good time to get some deals here.

http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20081104/Circuit_City_081104/20081104?hub=World&s_name=

Circuit City closing 20 per cent of U.S. stores
Updated Tue. Nov. 4 2008 8:00 AM ET
The Associated Press
RICHMOND, Va. -- Circuit City Stores Inc. is pulling the plug on about 20 per cent of its U.S. stores in an effort to return America's No. 2 consumer electronics retailer to profitability.
The Richmond, Va.-based company said Monday it will shutter 155 of its more than 700 stores in 55 domestic markets by Dec. 31, laying off about 17 per cent of its American workforce - about 7,300 people based on about 43,000 total as of last February.


http://ca.news.yahoo.com/s/reuters/081008/business/cbusiness_us_linensnthings_closures

Reuters) - Bankrupt U.S. home furnishings retailer Linens 'n Things sought to speed up closing its remaining 371 stores and begin its going-out-of-business sales to avoid competition from other retail failures, Bloomberg said.
The company asked Bankruptcy Judge Christopher Sontchi for permission to auction its remaining 371 stores and begin going-out-of-business sales two days later, the news agency reported.

I saw that yesterday about Circuit Shitty, er, I mean City. The news stations here said the FW store won't be axed.

Is the store in the downtown area?

Canuck wrote:Is the store in the downtown area?

Nope... it's a suburban mall...

I'll be glad when CC and Best Buy are wiped from the face of the earth.