Troubled electronics retailer Circuit City has gone belly-up, according to the Associated Press.
Although the company filed for Chapter 11 bankruptcy protection and closed 155 stores late last year, those measures were apparently a case of too little, too late. Having failed to find a buyer or a way to keep itself afloat, the troubled retailer's assets will now be liquidated.
Before it hit the skids Circuit City handled between 5-10% of all video game retail sales.