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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
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                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): January 16, 2008
                                                         ----------------

                            CIRCUIT CITY STORES, INC.
             (Exact name of registrant as specified in its charter)

          Virginia                      1-5767                   54-0493875
(State or other jurisdiction   (Commission File Number)       (I.R.S. Employer
     of incorporation)                                      Identification No.)

             9950 Mayland Drive
             Richmond, Virginia                                     23233
  (Address of principal executive offices)                        (Zip Code)

       Registrant's telephone number, including area code: (804) 486-4000

                                 Not Applicable
          (Former name or former address, if changed since last report)


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

|_| Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))

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Item 5.02  Departure of Directors or Certain  Officers;  Election of  Directors;
           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

      (b)  On January 16, 2008,  Circuit City Stores,  Inc. (the  "Company") and
George D. Clark, Jr., executive vice president,  multi-channel sales, terminated
their employment relationship, effective as of February 29, 2008.

      (c)  On  January  16,  2008,  the  Company  appointed  John T.  Harlow  as
Executive Vice President and Chief  Operating  Officer,  effective as of January
21, 2008.

     Prior to his employment with the Company,  Mr. Harlow, 49, was a consultant
with  Deloitte  Consulting  LLP,  which  included  work with the Company,  since
February 2007, and he had been a consultant in private  practice from March 2006
to February 2007. From December 2003 to March 2006, he was senior vice president
-  operations  for the A&P U.S.  division  of The Great  Atlantic & Pacific  Tea
Company, Inc., a retail supermarket company. From June 2001 to December 2003, he
was corporate  vice-president - administration for Toys "R" Us, Inc., a retailer
of toys and baby products.  Additional information with respect to Mr. Harlow is
included in a press  release dated January 16, 2008, a copy of which is attached
to this Report as Exhibit 99.1.

     The terms of Mr. Harlow's  employment are set forth in an offer letter from
the Company to Mr.  Harlow  dated  January 3, 2008 (the "Offer  Letter")  and an
employment agreement between the Company and Mr. Harlow, effective as of January
21,  2008 (the  "Employment  Agreement").  The  following  is a  summary  of Mr.
Harlow's compensation, as provided in the Offer Letter and Employment Agreement:

        o  Initial base salary of $600,000 per year.

        o  A one-time "sign-on" bonus of up to $150,000.

        o  Eligibility  to  participate  in the Company's  short-term  incentive
           program  with a target bonus of 80 percent of his annual base salary.
           Mr. Harlow will receive a one-time  minimum  guaranteed  bonus in the
           amount of $240,000  paid at the  conclusion of fiscal year 2009 if he
           is employed with the Company on the check distribution date.

        o  A car allowance of $858 per month.

        o  Participation  in the Company's  Officer  Evaluation  Program up to a
           level valued at $4,000.

        o  A financial planning allowance of $6,000 per year.

        o  Eligibility to participate in all relevant long-term  incentive plans
           offered by the Company, including:

              o    An  initial  non-qualified  stock  option  grant  of  200,000
                   shares,  vesting  one-third on each of the first,  second and
                   third anniversaries of the grant date.

              o    A   restricted   stock  grant  of  60,000   shares,   vesting
                   one-quarter on each of the second and third  anniversaries of
                   the grant date and one-half on the fourth  anniversary of the
                   grant date.

        o  Assistance  and   reimbursement  for  certain   reasonable   expenses
           associated  with  Mr.  Harlow's   relocation,   including  a  $25,000
           relocation miscellaneous expense allowance.

        o  Eligibility  to participate  in the Company's  comprehensive  benefit
           program in accordance with the Company's policies.

     The Employment Agreement is the form of agreement that the Company has with
each of its other  executive  officers,  the terms of which are disclosed in the
Company's proxy statement for the 2008 annual meeting of shareholders,  as filed
with the Securities and Exchange  Commission on April 30, 2007.  Similar to that
agreement,  the Employment Agreement contains provisions confirming Mr. Harlow's
obligation to maintain  confidentiality of the Company's  information and not to
compete with the Company for a period of one year  following the  termination of
his employment.  In addition,  the Employment  Agreement addresses the procedure
and severance benefits for various termination scenarios.

     Copies of the Offer  Letter and the  Employment  Agreement  are attached as
Exhibits 10.1 and 10.2 to this Report and are incorporated herein by reference.


Item 9.01        Financial Statements and Exhibits.

      (d)        Exhibits.

                 Exhibit No.       Description

                 10.1              Offer  letter  from  the  Company  to John T.
                                   Harlow dated January 3, 2008

                 10.2              Employment   Agreement  by  and  between  the
                                   Company and John T.  Harlow,  effective as of
                                   January 21, 2008

                 99.1              Press  release   issued  by  the  Company  on
                                   January 16, 2008





                                   SIGNATURES

     Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, as
amended,  the  Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.


                                           CIRCUIT CITY STORES, INC.
                                                  (Registrant)



Date:  January 22, 2008                    By: /s/Reginald D. Hedgebeth
                                               -------------------------------
                                               Reginald D. Hedgebeth
                                               Senior Vice President,
                                               General Counsel and Secretary







                                  EXHIBIT INDEX


Exhibit No.       Description

10.1              Offer letter from the Company to John T. Harlow dated  January
                  3, 2008

10.2              Employment  Agreement  by and  between the Company and John T.
                  Harlow, effective as of January 21, 2008

99.1              Press release issued by the Company on January 16, 2008