Circuit City goes Bankrupt

Yet another big box retailer has filed for Chapter 11, and for CC this is just another chapter in their downward spiral. While I feel sorry for the employees who will ultimately be laid off, I more regret the loss of thousands of independent appliance retailers who went out of business because of the predatory pricing practices of the big box stores. Pricing practices which were always unsustainable, it just took until now to put CC down.