You'd think that with Circuit City out of the way, competitors will have a better chance of riding out this crazy economy, but that's not the case. Best Buy and Target are both letting go of hundreds of employees to cut costs. Details after the link.

It's official. Circuit City is now officially six feet under after failing to find a buyer, leaving 30,000 more people unemployed.

Circuit City sale! Literally. The entire business is now officially for sale - name, brand, logo, superstores, parking lots, the works. If the business isn't sold by January 16, everything will be up for liquidation, and that means.... time to go shopping!

Following a veritable beating in the New York Stock Exchange, Circuit City released a statement announcing that they have filed for bankruptcy. The company mentioned that they intend to stay in business while they come up with a plan to restructure.

A Circuit City employee sent an email to Kotaku with the discounted rates she'd been slapping onto the merchandise. Included was a breakdown of the sales in the video game department. See the full article for details.

The ever-tightening economy has sunk its claws into another victim in the entertainment industry. Circuit City, the second largest consumer electronics chain in the US, will be closing 155 of its stores, laying off thousands of employees in the process.

That just sucks.

A release date for Blizzard's StarCraft 2 has been revealed! Well, not exactly. It seems that some big name retailers including Best Buy, GameStop, and Circuit City have posted a launch date for the game. To find out more, head on over to the full article.

We're letting the readers know that Circuit City has a special offer entitling buyers to a 60-day World of Warcraft prepaid card for just US$ 20. For the guys who play regularly, this just might prove to be a ludicrous deal. Further details are available in the full article.

If you're in Canada and haven't secured Warhammer Online: Age of Reckoning Collector's Edition for pre-order, EA Mythic has something pleasant for you. The developer just announced that The Source opened its doors, and everyone from Canada can get Warhammer Online from the popular retailer. See the full article for more details.

Zoombak, known for its GPS-based product portfolio, has just announced at the RetailVision 2008 conference that it will be launching its Universal GPS Locator in the future which combines the power of GPS and cellular technology. Find out more on their latest offering in the full article.