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.

If you're on the brink of gaming starvation because you've been playing old titles over and over, Circuit City's US$ 8.96 game list just might be what you need. With news of such a deal, Videogameplayerz has managed to acquire a list of the games included.

To know more about the list, head on over to the full article.

If you're hunting for deals on UMD movies to watch on your Sony PSP, then you may want to check out Circuit City, as the retail outlet is offering a slew of PSP UMD movies for US$ 6.99 each.

If you want to know which titles are available, check the full article after the jump.

Reports have come in that Target is pulling Manhunt 2 (Wii, PlayStation Portable, PlayStation 2) from their shelves. A member of the Evil Avatar forums, Dr. Finger, said that he got news of an internal memo spreading within the company which states that every branch will stop selling the game and to refuse all future deliveries of the title for all systems.

According to the rumor, this action is being taken because of the game's violent content and the unfavorable media coverage the game has been getting.

More info on this rumor in our Full Article.