Circuit City Closing (No Hot Deals for You!)

BraveSirRobbin

BraveSirRobbin

Moderator
Well, today was the first day of the big Circuit City closeout sales, so I went down to the Las Vegas (west side) store only to find NO DEALS! They did have a table of older TomTom's for sale, but that's about it. :o

The store was packed, but nobody was leaving with any merchandise!

So for all of you fellow Cocooners thinking they are going to get some deals, save your time (if this store is indicative of their other store's closeouts).
 
Well, I've never been lured in with the black friday sales, so I didn't figure I'd get off my butt for this...thanks for making the decision even easier!
 
I went as I was in the same shopping center as one. people were walking out with tons of stuff but most stuff was just 10% off. my wife though bought two nintendo DS games that were marked $20 that she wanted anyway. they ended up ringing up $12.00 so there is a chance in some cases they are doing a bad job of adjusting signs.. but yea must stuff was just 10%..
 
It's known that they will first jack all prices back up to MSRP (or higher), then slowly start discounting again, so all the good stuff will be gone by the time the savings are significant.
 
Well back in December I went in one and was going to buy a CD until I found out that if it was bad I could not return it for a good one... so not worth the 50 cents I was saving over Bestbuy...
 
Dan (electron) said:
It's known that they will first jack all prices back up to MSRP (or higher), then slowly start discounting again, so all the good stuff will be gone by the time the savings are significant.
Click to expand...

Agreed - what gets me though is when these stores put the big "Going Out of Business" sign across the building - people assume they are getting some kind of a deal - when CompUSA went out of business last year - they did the same thing - prices were MSRP or higher and 10% off - prices for the same items up or down the street from the ads in the paper were less and things were still flying out of the store here - what is that famous quote attributted to P.T. Barnum? :o
 
The problem is that these sales are run by third party companies. And they get paid based on the amount of cash they take in. Then Circuit City's (or whoever's) creditors get paid from the balance. So it's in the liquidation company's best interest to get top dollar. And they base their prices on the "original selling price," which usually means MSRP.

Unfortunately for folks like us, the general public seems to be completely oblivious to reality. Personally I don't even go into those sales until the signs say 50% off or better. I end up with the dregs, but sometimes you can get some deals. I bought all kinds of demo/broken/used type pieces from CompUSA when they went down and most of it was actually fine.

Otherwise I usually do way better shopping around.
 
I was at a Circuit City today and definitely no deals. They were giving a % off of their already horrible retail prices. It was pretty amazing that they were selling a ton of TV's and other high priced items. People are just too easily taken by the "liquidation" signs everywhere.

Shop at you local Sears or Boscov's (in this area) and you're shure to find a beter deal, at least for now.

I got some sweet deals when Tweeter went under and was hoping for more from Circuit City, guess I'll have to wait and see.
 
gatchel said:
I was at a Circuit City today and definitely no deals. They were giving a % off of their already horrible retail prices. It was pretty amazing that they were selling a ton of TV's and other high priced items. People are just too easily taken by the "liquidation" signs everywhere.

Shop at you local Sears or Boscov's (in this area) and you're shure to find a beter deal, at least for now.

I got some sweet deals when Tweeter went under and was hoping for more from Circuit City, guess I'll have to wait and see.
Click to expand...

Something else to be aware of. Make sure you take your merchandise with you when leaving. Don't have the store hold it for a while or send items for service. Although circuit city will probably be liquidating for a while, you never know. Here in MA when Tweeter went out, the stores abruptly closed in the middle of liquidation and trapped customers pre-paid or service items. The company's response, line up in court to get your stereo back(that you sent for service or bought yesterday).
 
Dare I say another suggestion would be to open the box and plug whatever you bought in right there?

I see "all sales final" and think one should test before walking out the door..
 
I was also at CC today, and almost all the flat screen TV's were sold out, at only 10% off.

The funny thing is I was also there the day before they announced they were closing and the TV's were cheaper at the regular sale price than with the 10% off.

Are people really that stupid? They see the word closing and 10% and think they are getting a deal.
 
You must log in or register to reply here.
Back
Top