Circuit City To Liquidate Oklahoma Stores - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Circuit City To Liquidate Oklahoma Stores

Posted: Updated:
Circuit City has two stores in Oklahoma City and two in Tulsa Circuit City has two stores in Oklahoma City and two in Tulsa

Associated Press

UNDATED (AP) -- Bankrupt Circuit City Stores Inc. has been unable to work out a sale of the company and says it will go out of business, closing its 567 U.S. stores and cutting 30,000 jobs.

The company's Web site indicates it has two stores in Oklahoma City and two in Tulsa. The number of employees at those stores wasn't immediately available.

Acting Chief Executive James Marcum said in a statement that the company is extremely disappointed but had no other path.

Circuit City had been looking for a buyer or a deal to refinance its debt.

Employees were being notified Friday that they will lose their jobs and if a judge gives final approval to the liquidation, stores would begin the closing process as early as Saturday.

Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.