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Posts Tagged ‘ Macroeconomic Trends ’

Battered Circuit City (CC) Closing 155 Stores, Scraping for Capital

Nov 4th, 2008 | By Mike Caggeso | Category: Financial News

Circuit City Stores Inc. (CC) will close 155, or 20%, of its 566 U.S. stores by Dec. 31 and slash its domestic workforce by about 17% as the fledging electronics retailer scrambles to conserve cash and reverse six consecutive quarters of falling sales.

Tags: AAPL, BBI, BBY, CC, Consumer Confidence, GME, Macroeconomic Trends, Mike Caggeso, TGT, US recession, US stocks, WMT
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