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Circuit City to Stop Selling VHS Movies

IN BRIEF / MEDIA

June 21, 2002|Bloomberg News

Circuit City Group is eliminating VHS movies from its stores to make room for faster- selling DVDs, the first national retailer to do so.

The company has removed videocassette movies at some of its 622 stores and plans to stop VHS sales at other stores.

Shares of Richmond, Va.-based Circuit City fell 78 cents to $19.77 on the New York Stock Exchange.

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