Circuit City Stores Inc., the nation's second-biggest electronics retailer, filed for bankruptcy protection on Monday but plans to stay open for business as the busy holiday shopping season approaches ...

Struggling electronics chain Circuit City announced Monday that it has filed for chapter 11 bankruptcy. Chapter 11 allows a company to hold off creditors while it attempts to restructure its finances.

Circuit City has filed for Chapter 11 bankruptcy protection, in a move to reduce pressure from suppliers and in what could be a final, last-ditch attempt to ride out the ongoing credit crisis. The ...