SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    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): October 22, 2003
                                                         ----------------



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


                                    Virginia
                                    --------
                         (State or other jurisdiction of
                         incorporation or organization)


     001-05767                                           54-0493875
     ---------                                           ----------
    (Commission                                       (I.R.S. Employer
     File No.)                                       Identification No.)


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




                                 (804) 527-4000
                                 --------------
                         (Registrant's telephone number,
                              including area code)






ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On October 22, 2003,  Circuit City Stores,  Inc.  announced  that it has entered
into an  agreement  to  sell  its  bankcard  operation.  Additional  information
regarding the  components of pretax  finance  income (loss) for each quarter for
the first six months of the current  fiscal year and for each quarter for fiscal
2003 are being  furnished  with this report as Exhibit  99, and is  incorporated
herein by reference.














                                    SIGNATURE

Pursuant to the  requirements  of the  Securities  and 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.



                                          By: /s/Philip J. Dunn
                                              -------------------------------
                                              Philip J. Dunn
                                              Senior Vice President, Treasurer,
                                              Corporate Controller and
                                              Chief Accounting Officer



Date: October 22, 2003








                                INDEX TO EXHIBIT


The exhibit listed in this index is being furnished  pursuant to Item 12 of Form
8-K and shall not be deemed "filed" for purposes of the Securities  Exchange Act
of 1934, as amended,  or incorporated by reference into any document filed under
the Securities  Act of 1933, as amended,  except as shall be expressly set forth
by specific reference in such filing.


Exhibit No.       Description of Exhibit
-----------       ----------------------
99                Finance income (loss).