Circuit City to Liquidate, Prices May Go Up to MSRP

After failing to find a buyer or a refinancing deal, Circuit City will be liquidating the merchandise in its 567 US locations. This is the end.

A source in the know informs us that no matter how exactly things move forward from here (it's still murky as to the logistical details from a store level over the next few days), any sales will be gone with all prices moving back to MSRP, or well over market price in most cases. Oh, and watch those extended warranties, too. [MSNBC]

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