Leaks: CompUSA's Going-Out-Of Business Discount List
We've got the CompUSA internal discount list for their going out of business liquidation sale. The discounts are mainly 10% and 20%, with some 5% and 30% in there. Audio hardware, mounting brackets and the like, is 30% off. Just because they're imploding doesn't mean they don't have some pride, as least for now. They're entitled "opening discounts," so perhaps will keep dropping week by week until all the stock is gone. Looks like for now they're using the same close-out strategy as when they closed down most of their stores before: offer crappy deals and advertise the heck out of it.




(Photo: quentinr)
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Comments:
@thefastest: guess your really getting screwed if you go to an electronics store looking for reading glasses. If your stupid enough to do that, then your stupid enough to pay 20% more.
@CPC24: Wait until Gordon Brothers starts bringing in their pallet loads of Chinese blenders, smokeless ashtrays, and bottled water (all that stuff you never knew CrapUSA sold!)...all marked up 1000% but sold to you at a generous 30% discount off the "regular price" ("EVERYTHING MUST GO! NOTHING HELD BACK!")
@leetgeek: You might want to be careful who you call stupid when you can't even use the correct form of "you're". You even managed to screw that up twice in one sentence.
But yes, I don't know why people would buy reading glasses at CompUSA
My favorite part of their last liquidation sale? Nothing. I saw "everything 50-75% off" and thought, "there must be at least SOMETHING in there." Nothing but broken TVs, dusty cracked computer cases, obsolete cameras/photo printers, and dirty cables. So I go over to the printer section, OOHH! 50% off cartridges, that'll be worth it. They were all expired or within 1 month of being expired. I walked out of there with a ream of HP paper for 2.99. Cause I needed paper.
Too bad. In the early 90's I used to love going to CompUSA because they were one of very few technology superstores at the time (in Massachusetts, anyway). I bought a 486 there (with 14" CRT and revolutionary 4x CD-ROM!) at the then-rock bottom price of $2000. Then the BB's and CC's came along and stole all the thunder. Sigh.
When the CompUSA when out of business here, I visited the store week after week thinking eventually there would be something there to buy. They weren't very smooth about hiding the fact that they marked everything up before they took the discount. There were price stickers on top of price stickers, each one getting progressively more epensive as the weeks went on. When they sold out of an item, they would then put up advertisements with really low prices....because they didn't have any more.
@crucifix99: Yeah they probably charge the inflated MSRP now and discount off of that. Kind of like those pizza deals where you have to pay the full price off the menu for certain deals. Papa Murphy's is good at that; each deal they offer ends up being the same price but with different price combinations to get there to save $2.
If this works like it did with the earlier closings, cell phones were about the only thing that were a good deal. They were selling them at discount WITHOUT requiring a contract. If you are thinking of upgrading your cell phone, it's a pretty good deal. The phones are still locked to the network, but no contract is no contract.
It's sad to see them close, but not surprising. For the last five years, it seemed every decision they made was based upon extracting every penny TODAY out of their customers. No competitive business survives long without giving some thought to the long term consequences of it's actions. CompUSA seems only concerned with selling extended service plans that they would then try to get out of fulfilling. I bought a Camcorder there on clearance several years ago. It was marked at 20% off. I asked for an additional discount since it was the last one, the manager said he'd mark it 50% off (an additional $150 in savings) if I bought the 59.99 service plan. HOW does that make good business sense for the company? It was obvious he was paid more to sell service plans than he was to make a profit for the store.
I think you'll be surprised at how well they'll do. People can't resist going out of business sales. I don't know what it is.
As others have stated, this is their first round. The discounts will get heavier as time goes on. Not sure if they already have a calendar set or if they wait until sales slow to kick it up a notch.
Alright kids, time for liquidation 101
I was a manager at a department store that went through liquidation a few years back, and here's a little bit on how this will go down:
They'll start with the above price list (surprised to see that list before january), and they'll run with it for about two weeks.... then comes a better list.... and a week later? An even better one. After that, they'll be selling everything (including store fixtures) for next to nothing as they need to move it out so they can close.
Prices will rock while return policies will suck. Don't take it out on the employees, as the stores will likely be under the control of a liquidation company. Even if Comp USA is still running the show, still, don't take any issues out on the employees - they'll be jobless soon.
Good luck, and happy shopping.... I highly recomend going in the last week they're open, and buying some stuff to sell on ebay.
Yeah, my initial reaction when I saw the list of item was "crap, I could have had the hardware I just bought for a better price".
Then I sobered up and remembered that CompUSA always had a crappy selection and crappier prices. I ain't missing on anything good.
But I have no doubt that some people will be convinced they're getting a good deal because they don't realize that CompUSA overprices.
those are just the opening "bids" the longer it takes to sell the better the discount will be.
more info here
@savvy999:
They say "all sales final" but its not true. All merchants in America must follow the basic "warranty of merchantability" (i.e. implied warranty). Unless that specific product says "sold as-is" or "sold with all faults," the seller has an obligation to warrant the merchandise against SUBSTANTIAL defects that affect the "warranty of fitness." In some states, companies cannot disclaim this warranty at all for certain products.
For example, let's say you go to a camping store and tell them you need a tent for camping in Yosemite. They sell you Model #A123 and say that this product will work for that situation. But when you get out there, the tent poles are cracked and the shell is so porous that water and wind comes in. You now have a right to take that product back to the store because it did not perform to the implied expectations of that product.
But then again, try to argue that with Gordon Bros. and you'll be talking till you're blue in the mouth and by then, they'll be long gone!
Well, these ridiculously low discounts are yet ANOTHER reason why I thought CompUSA was just plain awful:
@leetgeek: They're just exploiting the possibility that if you're shopping for reading glasses, you probably can't see the "-" in front of the "20%".























Boy, there's nothing on that list that is a good deal.