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All Circuit City Stores Closing Permanently on March 8th


To an icon in the consumer electronics retail space, we wave goodbye. And for the hordes of employees already / soon to be looking for new uniforms elsewhere, we empathize. Circuit City has just announced that on March 8th, all of its stores will lock up for the last time. Granted, some locations have already shut their doors in permanent fashion due to stock depletion, but regardless of leftover wares, March 8th is the end of the line for the laggards. We'd say you might want to stop by your local outlet to catch any last-last-minute sales, but even at a penny, you're not going to want that open-box 4MB SD card.

[Via HotHardware, image courtesy of wbeebe]

Computers

Circuit City Files for Bankruptcy



Even after shutting down 155 retail stores and announcing plans to cut around 17-percent of its 43,000 employees, Circuit City couldn't avoid the dreaded bankruptcy court. Today, the Virginia-based company (along with 17 affiliates) petitioned for Chapter 11 protection in Richmond as it attempts to survive under the crushing pressure from Best Buy / Wal-mart. Beyond that, details about the outfit's future are unclear, though Best Buy has reportedly stated that it "might take over stores that distressed rivals close." Please, no.

[Via Bloomberg, image courtesy of AFSmith; thanks Daniel]

Audio/Video, Home Video

JVC Stops Making Standalone VCRs


We were fully prepared to start harshing on VHS as a dead-end technology that never went anywhere during its time in retail (as a joke, of course), and out of nowhere, a bona fide tear slowly ran down our left cheek. Today, friends, is a day worth remembering. Today truly marks the end of an era, and as far as we can tell, JVC really was the only company still producing standalone VCRs. Of course, the outfit will continue to serve customers with a need to play back VHS tapes by offering up DVD / VHS combo units, but those looking for a shiny new slice of retro in 2008 will be out of luck after remaining inventories dry up.

All told, over 900 million VCRs were produced worldwide, with 50 million of those boasting a JVC label. The iconic VCR has been around for over 30 years now -- here's hoping the videocassette lives on in your domicile in one form or another, even if it's just the resident dust collector. [Via Impress]

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