Circuit City Shutting Down Remaining 567 Stores

By Nick Breckon, Jan 16, 2009 12:31pm PST After filing for bankruptcy last year, electronics retailer Circuit City will close the doors of its last 567 stores, putting 30,000 employees out of work, according to the AP.

Circuit City had been looking for a buyer, with two parties looking to acquire either 350 stores or 180 stores, but the deals eventually fell through.

"This is the only possible path for our company," said Circuit City acting CEO James A. Marcum. "We are extremely disappointed by this outcome."

Close-out sales will begin as early as Saturday.

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  • I worked at CC for a few months about a year or so ago. I was hard up for cash, so putting self respect aside, I picked up a job at the Firedog desk.

    I wasn't expecting much in the way of technical know-how from my co-workers, but I have to say even I was shocked. The people that they had running the Firedog desk were not only technically "stupid," but they were completely disinterested in helping the customer. Out of laziness my manager drilled a hole into the side of a case to mount a hard drive. I begged him to tell the customer to buy a 5.25 to a 3.5 adapter and mount in the 5.25 bay, but he would not. I even offered to go buy one myself on my break and bring it in.

    At any rate, I quit after 3 months. 2 days later I was offered a manager's position. I went in to talk about it - and the store director that I had worked under for 3 months didn't even recognize me. He gave me a spiel about how he would treat me "right." He didn't even know who I was!

    Sorry this is so long, I'll wrap up.
    1. Circuit City told me I would make at minimum $10 an hour, with my experience I was guaranteed $12-13. They paid me $9.

    2. It took them almost two months to give me my first paycheck.

    3. I'm still on the books as an employee. I can still login to any machine in the store. (It's been over a year.)

    4. I was a tech, but they kept pulling me over to sell TV's and Telephones, or run the registers.

    5. We never ran the store with more than 40% of the employees we should have had.

    6. Every Sunday at 6:00 AM we had mandatory meetings. (I refused to go.)

    I could go on and on, but I'll stop here. I genuinely feel bad for the 30,000 folks that lost their jobs - but it's been a long time coming. You can't run a company the way they did and expect to come out ahead.

    Oh by the way - I was the only one on the tech desk that had any formal training or had ever worked at any computer related job before.

    We were also the Flagship store. Corporate was across the street.

    Thread Truncated. Click to see all 4 replies.