another one bites the dust!

The liquidation sale starts today at Circuit City, the largest retailer to be upended by the widening financial crisis, yet another hit to a local economy pounded by the bankruptcies of two department stores - Mervyns and Gottschalks.The company announced Friday it would close its 567 stores in the U.S., including one in Santa Cruz, after attempts to sell the business failed.The nation's second-biggest consumer electronics retailer has more than 30,000 employees. The rest of the article here