RICHMOND, Va. (AP) - Circuit City Stores Inc. said Monday it is closing about 20% of its U.S. stores, including several in Texas, in an effort to return the nation's No. 2 consumer electronics retailer to profitability.
The Richmond, Va.-based company said it will shutter 155 of its more than 700 stores in 55 markets by Dec. 31. Circuit City also said it will further reduce new store openings and plans to work with landlords to renegotiate leases, lower rent or terminate agreements.
The Texas stores closing are in Burleson, Cedar Park, Dallas, Houston, League City, Mansfield, McKinney, Sherman and Temple.
Midland's Circuit City will be staying open. Two other Midland retailers have recently closed including Mervyn's and Linens-N-Things.
TxDOT has announced that IH20 eastbound near Pecos is currently closed due to a semi currently lying on its side on the road from high winds.
An undercover detective reportedly spoke with one of the suspects in relation to an investigation about an undercover prostitution ring.