Closed!

It's now even more official than it was before when I saw the news on TV, Circuit City and circuitcity.com is closing down. I actually believed when I saw the news, but the reality really hit me today when I went searching the idea of the price for a new printer. I went on their website at circuitcity.com only to find the page in the picture above with the opening statement below.

Circuit City would like to thank all of the customers who have shopped with us over the past 60 years. Unfortunately, we announced on January 16, 2009, that we are going out of business.

Please check back later for updates about the status of our website. In the meantime, we hope the information below will help answer most of your questions.

It was so, surreal, one of the biggest electronics retail store in the USA is really shutting down. One more piece of evidence to show how bad things are in the US and the world economy as businesses not only cut staff, but are also shutting down. I can just imagine all the people who will be out of a job as Circuit City is a very large chain, 567 stores in fact, with many employees. I remember they even opened a store in the Bronx while I was vacationing in New york just last summer, and now this! It's a really frightening how this economic downturn is progressing with no end in sight.

On the flip side though, if you are looking to buy some electronics and on a serious budget, as we all are, then now is the right time to buy from Circuit City. They are having liquidation sales at all of their 567 stores. hopefully I can source a deal for my camera and a new printer at one of these sales is the stores in the are of new york I normally visit haven't closed down by now.

Despite the short term apparent benefit for me with the liquidation sales, its a frightening prospect seeing such a large, seemingly strong store closing its doors and leaving so many people without their daily bread.