Short-Circuited

Circuit City to Close 155 Stores, Including Orange Location

The end is coming for a Circuit City store in Orange, along with 154 others across the country.

The company will close 155 of its more than 700 stores in 12 markets by Dec. 31, laying off thousands of employees.

The stores will likely not open Tuesday and closing sales could begin Wednesday, according to a news release posted on Circuit City’s Web site.

The Orange store is located at 130 Boston Post Road. Circuit City has 12 stores in Connecticut, according to its Web site.

The closings are part of an effort to return the nation's second-largest consumer electronics retailer to profitability, the company said.

Click here for the store closings list.

Circuit City has had only one profitable quarter in the past year, posting a wider second-quarter loss in September with a 13.3 percent decline in sales at stores open at least a year. Its results have weakened amid a deteriorating retail environment and heightened competition from rival Best Buy Co. and others.

The company is reviewing its operations while exploring strategic alternatives.

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