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Just like I was blogging about yesterday, Forbes.com released an article about how companies could have sold customers $100 million in worthless gift cards.
Remember, there are no obligations for companies that have filed for bankruptcy to redeem gift cards. So, now that Circuit City has …

The Virginia based company Circuit City has petitioned for Chapter 11 bankruptcy in Richmond today. Even after liquidating 155 of its stores and cutting around 17% of all of its employees, Circuit City still had to file.
The bankruptcy would allow it to restructure and …

By now it is no surprise that 155 of Circuit City’s stores are closing and there are markdowns all over the store. But, as reported today by The Consumerist , the stores are being liquidated by the same companies that liquidated CompUSA. Hilco Merchant …

The Wall Street Journal is reporting that Circuit City may close 150 stores and lay off thousands. The closings would also involve liquidating $350 million in inventory so it can pay off some of its debt.
As a consumer, I don’t think I could buy …

If you were or are a fan of Circuit City, they may not be around for too much longer. That’s bad news for the company and its employees, but if you’re looking for deals on electronics, it could be a good thing for you.
Talbots …