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• Circuit City was a publicly traded electronics retailer specializing in computers, television, home entertainment, video games, cameras, movies, music and audio equipment.

  Circuit City Stores, Inc., announced in January 2009 that it would liquidate all 567 of its stores after failing to find a buyer or a refinancing deal.Fox 12: Circuit City to liquidate remaining US stores (January 16, 2009) At midnight, March 8, 2009, the 567 stores will close their doors for the last time.Reuters: Lights go down on Circuit City stores (March 8, 2009)

• Fast Facts

  1. Stock symbol: CCYahoo finance: [1]
  2. 2008 revenue: $11.74 billionYahoo!Finance: Income Statement
  3. Founder: Samuel S. WurtzelCircuit City: Company FAQ
  4. Year established: 1949Circuit City: Company FAQ
  5. Industry: Consumer electronics
  6. Phone: 804-486-4000
  7. Fax: 804-527-4164
  8. HQ: Richmond, VirginiaCircuit City: Company FAQ
  9. President & CEO: James A. MarcumCircuit City: Senior Management
  10. CFO: Bruce H. BesankoCircuit City: Senior Management
  11. COO: John T. HarlowCircuit City: Company FAQ
  12. Filed for Chapter 11 bankruptcy protection and closed 155 stores in November of 2008MarketWatch: Circuit City to shut 155... (November 3, 2008)
  13. Announced liquidation and closure of remaining 567 stores in January of 2009Fox 12: Circuit City to liquidate remaining US stores (January 16, 2009)

• Key Dates

  • 1949: Wards Company foundedFunding Universe: Key Dates
  • 1961: Goes publicFunding Universe: Key Dates
  • 1969: Acquires Custom Electronics, Inc.Funding Universe: Key Dates
  • 1974: Opens Wards Loading Dock electronics superstoreFunding Universe: Key Dates
  • 1981: Stores renamed Circuit City Superstores.Funding Universe: Key Dates
  • 1984: Company renamed Circuit City Stores, Inc.Funding Universe: Key Dates
  • 1986: Divests non-Circuit City operationsFunding Universe: Key Dates
  • 1989: Begins selling personal computersFunding Universe: Key Dates
  • 1993: Launches CarMax, used car retailerFunding Universe: Key Dates
  • 2000: Stops selling appliancesFunding Universe: Key Dates
  • 2002: CarMax goes publicFunding Universe: Key Dates
  • 2004: Acquires MusicNow, Inc. and InterTAN, Inc.Funding Universe: Key Dates
  • 2008: Closes 155 stores in an attempt to preserve cash and return to profitabilityMarketWatch: Circuit City to shut 155... (November 3, 2008)
  • 2009: Announces the closure and liquidation of remaining 567 U.S. storesFox 12: Circuit City to liquidate remaining US stores (January 16, 2009)

• Bankruptcy and Liquidation

  It was announced in November 2008 that Circuit City would be closing 155 of its stores and file for Chapter 11 bankruptcy to address deteriorating liquidity brought on by the global credit crisis.MarketWatch: Circuit City to shut 155... (November 3, 2008) CNET: Circuit City files for bankruptcy After failing to find a buyer or fund a refinancing deal, the company announced in January of 2009, that it would be closing its remaining 567 U.S. stores and liquidating all remaining merchandise.Fox 12: Circuit City to liquidate remaining US stores (January 16, 2009)

• Related Pages on Mahalo

  Best Buy | Target Stores | Circuit City Return Policy | Circuit City Cyber Monday | Circuit City Black Friday | Circuit City Stores Closing | Circuit City Bankruptcy | Radio Shack

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