The decline in the “work clothing” market continues to take its toll. S&K Menswear are closing all 105 of their retail stores. The liquidation will be handled by Gordon Brothers, so don’t expect any actual deals. Going-out-of-business sales started on Thursday, May 21.
Liquidators Are Bidding On Circuit City, Including Gordon Brothers
Although they are accepting offers from buyers who intend to keep the retail operation going — Bloomberg reports that Circuit City is taking bids from liquidators — including the notorious Gordon Brothers (of CompUSA fame.)
Busted: Linen's N Things Liquidation Prices Actually Higher Than Original
A Good Morning America hidden camera investigation found that if you peel back the label on the “sale” items at Linen’s N Things, you’ll find the old label underneath, with a cheaper price. How do they get away with saying “10-20% off sale” then?
Insider: Smart Shoppers Are Going To Circuit City Stores That Aren't Closing
An employee of one of the closing Circuit City stores tells us that they were offered “big bonuses” for sticking around until Dec 31 instead of looking for a new job — but when the liquidator showed up the “bonus” was $0.75 an hour. Ouch. Oh, and yes, the liquidator is raising prices according to this now disgruntled employee.
No Deals: Notorious CompUSA Liquidator To Run Circuit City Closings
Your worst suspicions have been confirmed, the liquidator that ran the notoriously awful CompUSA liquidation (they actually raised prices, click here to see a photo) is conducting the liquidation of 155 Circuit City stores.
Update: Tweeter's Liquidation Sales Are Unimpressive
Liquidation sales have not transformed consumer electronics chain Tweeter into a Shangri-La of discount electronics, much to our disappointment. No $50 HDTVs. No ‘buy one get one’ deals on iPods. Just 49 closing stores offering 10%-30% discounts. All sales final.
CompUSA's "Fire Sales" Expected To Suck
Don’t expect good deals at CompUSA store closings, reader Brian reiterates, as the liquidation company apparently has a history of being anti-consumer:



