Circuit City Still Exists! Files For Bankruptcy Protection

Hey metro-children, you might not be aware of this, but Circuit City is still around. No shit, seriously. We have one in Athens. I kind of forgot about it until I accidentally found it after failing to find Gossip Girl on DVD at Target, Best Buy, and the mall (everywhere was sold out of it, so shut the fuck up and don’t make fun of me). It was a wasteland -- completely empty -- and I wondered, “I wonder if anyone even shops here?” Apparently not! Last week, Circuit City Stores Inc., “the nation’s second-biggest electronics retailer,” filed for bankruptcy protection. Under the Chapter 11 bankruptcy code, it means that credit-bitches can’t bug the shit out of them until they come up with a reorganization plan. I suggest using my plan, which is to fill up your mailbox so they can’t leave you voicemail.

The company plans to cut 700 or more jobs and close 20% of their stores (which amounts to about 155 stores in 28 or so states). Oh, and layoff thousands of workers, amounting to over 7,000 people getting FUCKED. Circuit City had only one profitable quarter in the past year, thanks to being pile-drived by Best Buy Co. “and others.” Who are the “and others?” An intern where I work mentioned some place called “Fry’s.” I don’t know what that is.

Circuit City stock shares have also been trading for under a buck, but, like, that’s not saying much since the stock market is total balls. Anyway, check your local Circuit City; I bet they are having some pimp sales.

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