Tag Archives: Circuit City

How much for that TV?

That could be one of many questions asked by customers that choose to visit Circuit City locations in Birmingham and nationwide as the electronics retailer announced that it was filing for Chapter 11 bankruptcy protection earlier this morning. The publicly traded company once traded for $8.54 – its current value at the time of this post was $0.11 and they’d just announced last week that they would be closing 20% of their stores, including one that recently opened in Trussville. Reports had been suggesting that it would be bankruptcy or closings, but not both. The company will stay open and they still have a location in Hoover during their current reorganization, easily accessible for the upcoming holiday shopping season.