Circuit City Store Closings To Impact Verizon, Virgin
Description
Big-box retailer Circuit City said last week it will close 155 of its stores, including 143 locations that house a Verizon Wireless store-within-a-store location. The carrier has been the exclusive postpaid wireless provider offered through Circuit City for the past few years â?? the retailer also offers Virgin Mobile USA Inc.â??s prepaid service â?? and was in charge of staffing and training the locations with Verizon Wireless employees.
And the news got even more dire this morning following Circuit Cityâ??s announcement that it would file for Chapter 11 bankruptcy.When asked about the closings, Verizon Wireless spokeswoman Brenda Raney said the carrierâ??s main focus is to find new locations for the Verizon Wireless employees affected by the closures.