Both Toledo Circuit City stores closing

Posted by LS - email

Circuit City Stores was not able to find a buyer, so it's going out of business. The decision to close its 567 U.S. stores affects 30,000 workers.

There are two Circuit City locations in Toledo: one on Monroe Street and the other on Airport Highway.

The retailer will be liquidated. Court documents show the second biggest electronics retailer has appointed four different companies to sell off the merchandise in the stores.

Circuit City filed for chapter 11 bankruptcy protection in November, and the liquidation comes after they were unable to find a buyer or refinancing deal.