Ultimate Electronics plans to liquidate, close all of its stores

Thorton, Colo.-based Ultimate Acquisition Partners LP, the parent company of the Ultimate Electronics store chain, has filed for bankruptcy and recently asked a U.S. Bankruptcy Court for permission to liquidate.

That would result in the closing of all 46 of the Ultimate Electronics stores, including the store at 4585 S. 76th St. in Greenfield.

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The Greenfield store opened last year in a former Circuit City store building. Circuit City also went out of business and closed all of its stores in 2009.

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