Well. Circuit City is definately on its way out. My guess is that they are just trying to survive through the Christmas season. They are barely going to do that. If you have to close down 155 stores before Christmas, you know its going to be really bad. I also would guess that this is just the beginning of this type of closing. Its kind of like how all of a sudden Baker's Square went bankrupt and then a bit later we saw stores like Bennigann's go as well.

Aside from the simpathy that I feel for the employees, I don't think that Circuit City will be missed much. In much the same way that I don't miss CompUSA. Their stores sucked. Especially once they ditched all their knowledgable employees for high school and college kids. I've noticed a significant decline in how the stores are cared for over the last 2 years or so. It just wasn't clean anymore. Their selection of technology generally sucked horribly, which is where CompUSA went really really wrong as well. When Costco has a better selection of TV's that Circuit City you know that they are in trouble. 

The other thing that really bothered me about Circuit City was that there was litterally no one at the registers most of the time. Why would I want to shop at a place that makes me wait to check out... even when there are no friggin' lines? I hate... revile Best Buy, but at least they have people staffing their counters.