Circuit City

NEW -> Contingent Buyer Assistance Program
i never find that liquidation sales are that much of a bargain. liquidation are usually managed by an third party and previous sale prices, coupons, price-matching policies and other discounts get thrown out the door. for electronics purchases like tvs, cameras, computers, etc its not usual to find hot deals at 30-40% off somewhere then walk into a store with a printout and get a price match + 10%.



at linens and things, everything was 10% off during the liquidation, which was actually a price increase for me since i've always used their 20% coupons which was in the mail every other week or they accepted BBY's coupons.
 
Ditto to Acpme's comment. The liquidation is the most publicized and well-known sale in the store's history, so they will probably get a lot of foot traffic. Price reductions will probably happen in stages. If you're hoping for a fantastic deal the item better not be in high demand.
 
please come back in a few minutes? how about never come back?
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Yesterday was clearly not a day to get a deal. Got it from another forum I'm on, that it was freely admitted by store employees that nothing had yet been marked down. They said the liquidator hadn't yet finalized pricing. Despite this, the store was packed and the lines at the checkout were longer than the poster had ever seen. Also, my buddy called me from a CC to have me price check a Sony LCD for him. CC's price was $1100 plus tax. Amazon's price was $1000 with free shipping.
 
[quote author="Daedalus" date=1232350373]Yesterday was clearly not a day to get a deal. Got it from another forum I'm on, that it was freely admitted by store employees that nothing had yet been marked down. They said the liquidator hadn't yet finalized pricing. Despite this, the store was packed and the lines at the checkout were longer than the poster had ever seen. Also, my buddy called me from a CC to have me price check a Sony LCD for him. CC's price was $1100 plus tax. Amazon's price was $1000 with free shipping.</blockquote>
The only things that will have decent discounts are things that people are all anxious to buy like surge protectors or calculators. haha
 
It was a zoo at the one near our house. I checked it out Friday, found a nice deal on a few different HP laptops, went back on Saturday about 3 hours after it opened and the shelves were bare of anything but "open box" deals. The laptops I had priced had gone back to non-sale prices and were gone within 45 minutes of the doors opening. So no "deals" that I saw at all.



On Friday, it was me and 15 employees @ 6pm. On Saturday, the line to check out we 65 people long and they hade all 5 registers going. The poor salepeople looked shell shocked. If CC had been that busy prior to Xmas, they might have survived. At any rate, it was morbidly interesting to see a national chain go under. It reminded me of Zody's, Federated, and Montgomery Wards.
 
Hehe... ZDNet has a blog about this:

<a href="http://blogs.zdnet.com/BTL/?p=11525&tag=nl.e539">http://blogs.zdnet.com/BTL/?p=11525&tag=nl.e539</a>

The Talkbacks are interesting as most people are reporting that CC is using MSRP and discounting those prices instead of whatever items are tagged or advertised at. One guy got in an argument and the response that he was not from CC and just a liquidator so he couldn't do anything about it. Awesome.
 
[quote author="no_vaseline" date=1225787426][quote author="bltserv" date=1225770635]I read in the Register the only local CC going down was the

Foothill Ranch store.



<a href="http://retail.freedomblogging.com/2008/11/03/circuit-city-plans-to-close-oc-store/3402/">http://retail.freedomblogging.com/2008/11/03/circuit-city-plans-to-close-oc-store/3402/</a></blockquote>


The one right next to the Linens-N-Things and across the street from Barbeques Galore? Gee! The irony!</blockquote>


Thats the case for here in Rancho Santa Margarita. A lot of the business big and small are all closing up.
 
Yeah, we went to a CC in Orange last weekend. Packed, lousy selection (except for flatscreens - good selection there), ordinary prices. I overheard one guy say "No wonder they're going out of business!" :lol:



We left, went to Fry's and bought a couple of nicknacks there.
 
Check out what a scam CC's liquidation sales are.





<object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>
 
A post bankruptcy liquidation sale is never as good as the pre-bankruptcy fire sale. Pre-bankruptcy, the company still owns the inventory and its goal is to minimize its losses by selling its inventory as quickly as possible at any price, that its secured creditor will allow. Post-bankruptcy, the inventory usually has already been "sold" to liquidators for a fixed price and their goal it to maxmimze the sale prices. You will not see any significant discounting at a bankruptcy "GOB" sale until the liquidator has recouped its investment and made a small profit but by that time, most of the good stuff is gone. After the liquidator has made enough money, then you will see the 75% to 95% discounts but by that time, there is nothing left but garbage. I went the the last day of the Fedco GOB sale where the price was 99% off; all I got was some chapstick for 1 cent.
 
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