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NEW YORK (MarketWatch) -- Hurt by competition from Best Buy Co. and Wal-Mart Stores Inc. and by pressure from the downturn in the economy that led shoppers to cut back on discretionary purchases, the 59-year old Circuit City Stores Inc. on Monday filed for Chapter 11 bankruptcy protection.
http://www.marketwatch.com/news/story/circuit-city-files-chapter-11/story.aspx?guid={D9CB8DE9-943F-4C3F-A007-24081B471F20}&dist=msr_21
http://www.marketwatch.com/news/story/circuit-city-files-chapter-11/story.aspx?guid={D9CB8DE9-943F-4C3F-A007-24081B471F20}&dist=msr_21