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Circuit City Stores Inc. filed for bankruptcy protection today!

The company said it decided to file for bankruptcy protection because it was facing pressure from vendors who threatened to withhold products during the holiday period. The company also said it cut 700 more jobs at its headquarters, after announcing a week ago that it would close 20 percent of its stores and lay off thousands of workers.

so sad! I have had family and friends lose jobs due to this economy. Nobody is left unaffected in this hard time.

I am not sure if this was posted on here, but Mothers Cookies went out of business too, and of course Mervyns.

I am scared for our country's future. These are companies that have been in business for a long time. So sad.

I have heard Utah wasnt effected either, but maybe something has changed...