Circuit City Files for Bankruptcy

With the chain's future in doubt and the economy in tatters, Best Buy, Wal-Mart, and online retailers look to pick up share in electronics

Circuit City once made a living by putting smaller gadget retailers out of business. Now the nation's second-largest consumer electronics chain has joined its dearly departed brethren by filing for Chapter 11 bankruptcy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.