Is it really true?
According to the the headline posted on the National Retail Federations Smartbrief website, Circuit City is closing their 567 remaining stores. This is a true testament to how horrible our economy has become. 34,000 people will be jobless by March, and the job market is the worst that it has been since the Great Depression. Will we ever get out of this recession? I would say that we have finally hit the depression stage. What are we supposed to do now? The retail industry is suffering. So many companies are going out of business. I went to the mall and two out of the four jewelry stores had shut down. Many say that 2009 will be worse than 2008 and so far they are right. Sure I might be able to get that Sony Plasma HD TV that I have always wanted at a great discount, but who knows, by March I might have to sell the TV because I lost my job too. This really sucks!!!!! (Picture and Story from: http://www.latimes.com/business/printedition/la-fi-circuitcity17-2009jan17,0,788951.story )
