Saturday, 17 January 2009

Circuit City...liquidating huge inventory!

One of the largest bankruptcies in the retail, Circuit City would be liquidating close $1.8 bn inventory and shutting most of its stores. With the losses and the bankruptcies with large corporations, will the economy take a long time to recover? Is bail out the right way, or is it adding more to the recession? More on Circuit City at this link

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