You'd think that with Circuit City out of the way, competitors will have a better chance of riding out this crazy economy, but that's not the case. Best Buy and Target are both letting go of hundreds of employees to cut costs. Details after the link.

It's official. Circuit City is now officially six feet under after failing to find a buyer, leaving 30,000 more people unemployed.

Circuit City sale! Literally. The entire business is now officially for sale - name, brand, logo, superstores, parking lots, the works. If the business isn't sold by January 16, everything will be up for liquidation, and that means.... time to go shopping!

Following a veritable beating in the New York Stock Exchange, Circuit City released a statement announcing that they have filed for bankruptcy. The company mentioned that they intend to stay in business while they come up with a plan to restructure.

A Circuit City employee sent an email to Kotaku with the discounted rates she'd been slapping onto the merchandise. Included was a breakdown of the sales in the video game department. See the full article for details.

The ever-tightening economy has sunk its claws into another victim in the entertainment industry. Circuit City, the second largest consumer electronics chain in the US, will be closing 155 of its stores, laying off thousands of employees in the process.

That just sucks.

Looking for some videogame action, but want to save a buck or two on the side? Then you'd better head on over to your local Target or Circuit City this week, as they've got quite the deals lined up for the budget-conscious gamer. From today's latest releases to the classics of your childhood, look no further than this article to get the full info on what you can buy with the money in your wallet. Click on the read more button for more info.

A few days ago, Kotaku reported that Circuit City will be receiving a new PlayStation 3 SKU with a different model number from their 40GB unit bundled with Spider-Man 3. Now, Kaizer_911, a GameStop manager who gave us the heads-up on a number of developments before, informs us that his store will also be storing units with a different model number, making more room for the possibility that the white PS3 model is indeed coming. More info in the full article.

Is a white Sony PlayStation 3 on the way? Chances are that it is. We've picked up reports that Circuit City is starting to receive the new units. If you think a lighter-toned console blends better with your home entertainment center's setup, this may be your chance to get it. Full details await right after the jump!

Wasn't able to get a copy of Halo 3? It's not necessarily a bad thing: now you can buy a copy from Best Buy for US$ 37.99. Another deal in the world wide web right now is from Circuit City, which is offering a free gift with preorders of upcoming games Turok and Devil May Cry 4. More in the full article.