Circuit City Basically Totally Done By March 8th
Looks like March 8th will be the last day on earth for many Circuit City stores. A reader saw a sign in a liquidated Circuit City that said the final day would be March 8th. Also, an insider saw a memo that indicated the "bulk" of the stores, 500 or so, would be closed on March 8th. The memo said stores are closing so early because "sales are ahead of schedule." At this point in the liquidation cycle, "It looks like whatever hasn't been picked through is starting to be actually decent prices" writes reader Will. "I scored an XM radio unit for 85 vs. about 110-130 on the net, and a Harmony One remote for 125 vs. 170 on the net." However, he noted, "TV prices were still not cheaper than the internet." So, it's now safe to shop at Circuit City, just make sure to bring your internet price-checking devices.
(Photo: j.buck)
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Comments:
@cynical_bastard: Let me just clarify I'm not cool with the non management employees losing their jobs.
Circuit City's upper management can fornicate themselves with a traffic cone.
@Cornelius047: They paid their debts for now. The company makes money, it just has a lot of debt as a result of startup costs. Satellites ain't cheap.
The last point is right on. The only thing I could bring myself to buy from CompUSA before they closed was a rubber iPod touch case, which met both criteria and is still functioning like new. :)
@joe18521: Yeah accessories are good items to purchase at these sales, especially if they are heavy to ship and in large packaging. Things like cases and skins don't usually break.
The CC I went to last week had a table equipped with power strips at the front of the store. They had some signs up encouraging people to test their purchases there.
Seconding the recommendation on checking Amazon, etc. I saw a webcam whose price tag said $46.99, sitting in the 50% off section. Checked Amazon, and discovered it's on sale there for $22.
I realized something was up when I noticed the liquidators walking around with price guns. I never saw any products at a pre-liquidation Circuit City with price tags directly on the item, only on the shelf, so it was a dead giveaway that the "original" price tags are BS.
@jehurey: Many of the Phoenix area stores were at this point about 2 months ago. I have actually been surprised to see that this 'sale' has been going on this long in other areas. Then again, it could also be that shoppers are just a bit more savvy in some areas than others.
I stopped by the CC in bedford park, il 2 weeks ago and i was able to score an elite for 299.99 and 3 wireless controllers (First Party) for 30.00 each. 1600 point cards for 11. 3 first party play n charge kits for 10.00. TMNT movie trilogy for $10 and some other dvd's. i think i made out. they had a good selection of video games left, but when i went back the next day all the good games were gone, just copies of Pokemon ranger.
@Mr-Mr: Often the shopping carts, Point of Sales systems and security cameras are actually rented, and so you usually don't see these items up for sale in a liquidation. You can get great deals on the stock carts, flat bed carts, dollies and other things that typically are several hundred dollars each to purchase new. Same goes for fixtures such as shelving and pallet racks. I'm hoping to get a good deal on a spare pallet jack for our warehouse.
About two weeks ago I bought a 37inch Samsung 720p LCD at a liquidating Circuit City for cheaper than I could find online. I knew I was taking a risk because I wouldn't be able to return it if there was anything wrong with the unit. But that's why I purchased it with a credit card for the buyer protection and warranty extension. With taxes included it was $10 cheaper than Amazon and about $200 cheaper than a comparable model at a Best Buy down the street. I also checkout some other online retailers with my iPhone while trying to decide if I wanted the TV, and while I can't remember their prices, I still felt like I was getting a deal.
@Cornelius047: I bought a new satellite radio, too, to replace my older one. Only problem is each of the CC's have been out of the additional car kits. I might buy a few of the entry level tuners at higher discount just for the car kits :)
@Islandkiwi: Went by today and the store is empty. Don't buy sdhc crds from there, they have sandisk extreme III 4gb cards listed at 100 dollars, then 40% off. You can get these on Amazon right now for 20 dollars.
Ouch.
It's the non-management employees that sucked it up the most for me. Talk about incompetent. Then the manager came into the picture and solidified the deal. The employees started it though, so I blame them for their general stupidity.
The cables and such that they've used (as opposed to new) have generally been reasonably-priced ($8 for a power strip), except at the closest Circuit City. Grabbed a coaxial cable, fairly long 1/8" stereo cable, and short USB extension cable... then walked out in disgust when told they were $20 total. I wasn't the first to leave shaking my head at the register, too; someone in front of me did the same when told a wireless mouse that may not have been complete was $18.
Oh, and none of the items in question had any prices listed; we were at the mercy of a handful of lists one very slowly-working cashier had at the register. Methinks that whoever's managing this location's liquidation should have, ya know... put prices on merchandise on the sales floor?
@JayDeEm: I believe the Pheonix area stores bagan liquidating during the first wave of closings. That wave also took down my store.
@jehurey: Have you never been to a store closing before? They always sell the fixtures and shelving when they're done. What else are they going to do with it? Ship it back to... oh wait, no corporate warehouse.
It's a good time for small business and mom/pop stores to grab some extra (albeit beat to hell and back) fixtures for less than ridiculous prices. The stuff is mind-bendingly expensive when its new.
@lordargent: Wired or wireless? They were selling the wired ones for $10 before the clearance started. I picked one up in a bundle so I could get the GH II + wired guitar kit for $5, $15 total.
@drjayphd: As someone who has closed a Circuit City store, trust me, our last concern is pricing things. Number one, the prices are set by the liquidator and as such are the liquidator's responsibility to get onto the floor. That being said, our particular liquidator didn't have prices for things half the time and the times he did have prices, it was a sheet without pictures that were damn near impossible to identify. Number two, prices change so often it's honestly better to just let the consumer shop around, see something they want, and walk up to the register for a price check and make a decision from there. And when the fixture sale actually starts, the week after store closings, we were pretty much just allowed to make up our prices so long as they sounded reasonable. I'd recommend stopping in after the store closes officially and see what they've got lying around.
And the number three reason Circuit City employees aren't pricing things: WE DON'T CARE ANYMORE. After having our workplace picked over by vultures that about prices constantly and blame US, trust me, all Circuit employees could give a rat's ass what you think.
@ludwigk: There is (was) a Circuit City near me that was just opened less than a year ago. One of the local cell phone stores went in and bought the majority of the brand new displays that barely had a scratch on them.
One of the other local CC's people were actually comparing prices online via their phones. I saw a lot of people just put stuff back because Amazon and the like had it cheaper.
But come on, LEGO Indy & Batman for $7 each... sold.
@admiral_stabbin: I did read about a store employee stating their store opened the day of the announcement of the closings. Pretty funny.
Maybe the liquidators could start a store of their own.















This makes me happy.