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Circuit City to Liquidate

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It's official. Circuit City will liquidate its 567 stores.

To date in 2009, here's a summation of the major announcements from retailers. In the bankruptcies and liquidations section I'm listing the number of stores the chain owns and not necessarily how many the company is planning to close if they have not disclosed that yet:

Bankruptcies and Liquidations:

Potential Bankruptcies & Liquidation Impact: 999 stores

Announced Closings

Total Closings: 137 stores

Potential Impact of All Announcements to Date: 1,136 stores

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Elaine Misonzhnik

Senior associate editor Elaine Misonzhnik has been writing for National Real Estate Investor since June 2006 and has covered commercial real estate for more than 12 years. She first became...
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