Locked: Circuit City closing 700 stores due to economic crisis!

PSwii60

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PSwii60 on 04 November 2008

yea, i thought circuit city declared bankruptcy before our "economic crisis" took place...?

i think they declared bankruptcy last year...
so recession or not, they'd eventually close anyway..

i don't know.. maybe i'm wrong=)

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Ail on 04 November 2008

The franchise was already hurting before the crisis ( it made money in 1 quarter out of the last 8) so it's not surprise. The crisis just accelerated something that was going to happen anyway there...

PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !