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Nov 3 - As the lights go out at about 20 percent of Circuit City's stores, the company is hoping that by closing hundreds of stores and cutting thousands of jobs it can survive consumers who are reluctant to spend and vendors less eager to give it credit.
But analysts say the moves announced Monday renewed the specter of bankruptcy hanging over the nation's No. 2 consumer electronics retailer heading into a holiday shopping season that could determine its future. As the consumer market is far from recovery, will Circuit City file bankruptcy before Apr 2009? references: http://news.yahoo.com/s/a...
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