quarter two post six

Today I read an article on retailers being affected by the economy. The article was on time.com, and it focused on circuit city filing bankruptcy. The article talked about how circuit city will have to close 155 stores and cut a large amount of the workforce. According to the article this is not uncommon for retailers to file for bankruptcy during these harsh economic times. I think that it is the retailers faults for their own bankruptcy’s because they know that the economy is not the best, but they still try to push more things into consumers eyes. They could cut hours and focus on selling stuff that is appealing, and affordable but the retailers don’t get it, they want to get expensive items to make a large profit, which I think is greedy. I think this is also their fault because the consumers are going to be the ones bailing the companies out.