Tuesday, November 11, 2008

Circuit City filing for bankruptcy

One of the biggest brick and mortar retailers that sell laptops is having financial troubles. Circuit City will be filing for bankruptcy and at the same time closing a number of stores. With the holiday shopping season almost upon us, this could be a make-or-break time for the City. Considering how the economy is right now, Circuit City employees will certainly keep crossing their fingers and hoping for better days.

And at the same time, from a consumer perspective, you may want to consider whether you want to buy a product with a mail-in rebate from Circuit City. If the rebate amount is small, or if you would have bought the item regardless of the rebate amount, then it may be a non-issue, but if it's a big mail-in rebate, then you may want to consider the possibility that Circuit City may not be able to fulfill the rebate.

More on the Circuit City bankruptcy:

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