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The company will accept gift cards at full value through the liquidation. Boise's Circuit City store, at 542 N. Milwaukee St., opened in 1997. The chain also has a store in Ammon, near Idaho Falls.
Nationally, Circuit City's closure will cost 34,000 people their jobs. The number of employees affected locally was not available, company officials said.
Circuit City will be the third electronics dealers to close in Boise in the past several years. Ultimate Electronics closed about three years ago and CompUSA closed early last year. Their demise leaves Best Buy as one of the largest electronics dealers in the valley
Circuit City, second-biggest electronics retailer in the nation, says in court papers it has appointed Great American Group LLC, Hudson Capital Partners LLC, SB Capital Group LLC and Tiger Capital Group LLC as liquidators.
Circuit City filed for Chapter 11 bankruptcy protection in November. U.S. Bankruptcy Judge Kevin Huennekens gave the company permission to liquidate if a buyout was not achieved.
The Associated Press contributed.
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