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On November 10, 2008, Circuit City filed for bankruptcy protection under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Virginia. [51] [52] At that time, Circuit City's stock traded well below $1 per share, and was removed from listing on the New York Stock Exchange. [53]
Circuit City – filed for bankruptcy in 2008 and liquidated on March 8, 2009; [83] [84] [85] reopened online through Tiger Direct in April 2009; closed again in late December 2012; intellectual property was sold again to Circuit City Corp. in January 2016, which plans to open an online operation and retail stores; CompuAdd – bankrupted in ...
InterTAN (1986–2004) Circuit City (2004–2009) BCE Inc. (2009–present) Website. thesource.ca. The Source (Bell) Electronics Inc., doing business as The Source ( French: La Source ), is a Canadian consumer electronics and cell phone retail chain. The chain goes back over 50 years in Canada, initially as Radio Shack and later as The Source ...
CompUSA, Inc., was a retailer and reseller of personal computers, consumer electronics, technology products and computer services. Starting with one brick-and-mortar store in 1986 under the name Soft Warehouse, by the 1990s CompUSA had grown into a nationwide big box chain. At its peak, it operated at least 229 locations. [1]
As Circuit City seeks bankruptcy protection, and DHL U.S. Express announced plans to lay off 9,500 workers, I can't help but think back to decisions the companies made six months to a year ago ...
Whether or not a stock can recover after filing for bankruptcy depends on the bankruptcy proceedings. For example, if a company files Chapter 7, it is likely you will lose the entirety of your ...
Fry's Electronics, Inc. Fry's Electronics was an American big-box store chain. It was headquartered in San Jose, California, in Silicon Valley. Fry's retailed software, consumer electronics, household appliances, cosmetics, tools, toys, accessories, magazines, technical books, snack foods, electronic components, and computer hardware.
Yesterday news broke that Circuit City would announce the imminent closure of 155 retail locations, and this morning the company confirmed the news. Detailing its next plan of action in a lengthy ...