Circuit City liquidates; layoffs mount at Hertz, AMD, Pfizer (USA Today)

Circuit City’s (CCTYQ) plans to close its 567 stores will not likely mean higher prices or fewer electronics choices for shoppers at other stores, but the retailer’s gift card holders will need to use them quickly. And it is laying off 30,000 U.S. employees, it said Friday, as Hertz, AMD and Pfizer also announced layoffs.

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