Following the weekend rumor that Sony had nixed delivery of electronic goodies to Circuit City amid credit concerns comes the official notice today that the electronics retailer is in deep financial woes. The company announced today that they plan to shut down 155 of their stores and cut back on future store opening.
While the press release doesnt mention Sony by name it does touch on the bigger issue of getting stock. Additionally, the
Link:
http://kotaku.com/5075005/circuit-city-closes-155-stores
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