Tag: bankruptcy
-
Circuit City Part II… Don’t Call It A Comeback…
For Circuit City, the closing of 155 of their stores was just the beginning. Welcome to Round Two, the much anticipated Chapter 11 protected bankruptcy, in which Circuit City’s former suppliers and employees will be taking it in the *bleep*. According to the Chapter 11 filings, Circuit City owes Hewlett-Packard Co. more than $118 million,…
-
Sharper Image Files Chapter 11 Bankruptcy
Sad to see a gadget retailer going out of business, but it seems Sharper Image was relying to heavily on their ozone spewing air purifiers. Looks like we will have to get our massage chairs and air purifiers somewhere else, assuming they don’t get the $60 million dollar loan they are praying for. {Via Wall…