Circuit City Files Bankruptcy, Can Best Buy Capitalize? (BBY, CC, COST, WMT)
Posted on November 10, 2008 at 11:01 AM EST
Circuit City (CC) announced early Monday that it filed for bankruptcy protection, but plans to stay open for business for the coming holiday season. The company filed as it was facing pressure from vendors who threatened to withhold products during the holiday shopping period. Last week the company said it was closing 20 percent of its [...]