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Some Minnesota stocks have prospered

Among retailers, Target Corp. is down 13 percent while the retail sector is down about 8 percent. Other local retailers have been hit harder. Supervalu Inc. is down about 45 percent and Best Buy Co. Inc. is down about 36 percent. But Best Buy is still doing far better than its leading competitor, Circuit City Stores Inc., which is down about 86 percent for the year. Some...

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CIRCUIT CITY TURNS TO RESTRUCTURING FIRM

Circuit City Stores Inc., the electronics chain that replaced its chief executive last week, has hired turnaround firm FTI Consulting Inc. as an adviser, according to two people with knowledge of the appointment. The shares tumbled the most since...

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Circuit City outlook fizzles

Circuit City Stores Inc. withdrew its outlook for the full year and posted a wider second-quarter loss Monday as it looks toward a holiday shopping season that has most retailers worried.

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Circuit City posts bigger loss in second quarter

RICHMOND, Va. Circuit City Stores Inc. posted a wider second-quarter loss and withdrew its fiscal 2009 outlook yesterday amid sluggish sales, poor traffic and heightened competition. Its shares fell nearly 9 percent as investors worried about the company's future. The nation's second-largest consumer electronics retailer - which replaced its chief executive officer last week - said it...