NEW YORK - It's the end of the line for Circuit City, and with the chain'sclosing there will be more empty storefronts, including a big oneon one of the most famous shopping strips in the world.
Circuit City had planned to close its more than 500 storesnationwide by the end of the month, but sales were so brisk, it hadto move up the date. Some shoppers looking for a bargain at thestore on 5th Avenue at 43rd Street in New York City found thestores bare of practically all merchandise, except storefixtures.
And with that location closing, Circuit City's next-doorneighbor, Best Buy, was willing to pick up the slack. Manycustomers found the closing of a chain that's been in businesssince 1949 a sad sign of the times.
More than 34,000 employees will lose their jobs across thecountry, with nothing left but unemployment to fall back on. Andone employee told us that most of his co-workers at the Broadwaylocation near Lincoln Center have children to support.
"Fortunately, I live with my mom," said Circuit City employeeMichael Funaro. "I'll help her out every now and then, so it's notlike I don't have nowhere to go. Some people, they have kids, theyrely on the job."
Bargain hunters scanned a board that showed just about all thatwas left: shopping baskets marked down to $1.50, carts and otherfixtures - not what most came looking for.
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