Wednesday, June 20, 2007

Circuit City Posts Huge Loss

Electronics retailer Circuit City Stores Inc. reported a $54.6 million first-quarter loss Wednesday and withdrew its financial guidance for fiscal 2008 as the company slashed jobs and restructured to fend of competition.

I posted this about this company back in April. I am sorry for the workers who will lose their jobs but this company was removed from my shopping list once this story was revealed.

Karma is a bitch!!

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