Circuit City Bankruptcy

Circuit City back from the grave?

It’s still alive, sort of. A computer firm called Systemax Inc. is seeking to buy the trademark names and rights to the Circuit City website for $6.5 million. There will likely be an auction May 11th for the rights. Systemax previously bought similar rights to CompUSA. And former Circuit City stores across the country are… Read more »

Circuit City files for Chapter 11 Bankruptcy

Circuit City Stores has filed for Chapter 11 Bankruptcy protection. The company will go before the bankruptcy court today in an expedited hearing. BizSense has also obtained the letter sent to employees this morning.