Circuit City to Go Out of Business That’s right, Circuit City has now gone bankrupt and is shedding 30,000 of its own workers directly. Of course, when a big outfit like Circuit City goes bankrupt they take more than just their own workers down with them. How many workers are involved in manufacturing the items that Circuit City sells?

This was the most interesting part of the report about Circuit City…

“It will bring to market a glut of big box spaces across the country,” said John Bemis, head of Jones Lang LaSalle Inc.’s retail leasing team. “It will have one of the largest impacts on big box real estate across the country.”

We’re going to see all these vacant ‘Big Boxes’ sprouting up all over America soon like the real estate toad stools they really are. Malls, too. Ugly America… Look at all the nature they wasted away.