In the market for crystal chandeliers, slot machines, or the kind of art one only sees adorning the walls of a hotel? You’re in luck: The failed Taj Mahal Casino once owned by President Trump is under new ownership, which means it’s getting a makeover — and everything inside the place must go. [More]
liquidation sales
A Ready-To-Go Hotel Room Kit & 5 More Things You Can Buy In The Trump Taj Mahal Liquidation
By 7.6.17
New Owner Of Gander Mountain Releases Updated List Of 63 Stores Staying Open
By 5.12.17 — Updated: 5.25.17
Outdoors and hunting store Gander Mountain found a new owner after filing for bankruptcy in March, and what remains of the brand will become part of the Camping World chain of RV dealerships and camping supply stores. It’s a messy, painful process and the list of which Gander Mountain locations will remain open continues to change, based on the latest list released by the company’s new owners. [More]
Reminder: Liquidation Sales Offer Terrible Deals, Bad Return Policies
By 4.14.17
They draw you in with brightly colored signs at street corners, promising discounts of “up to” some very promising number. A record number of retail bankruptcies and store closings mean that there have been a record number of store closing sales so far this year. Yet if you’re looking for actual deals, you should stay away from liquidation and store closing sales. Here’s why. [More]
NM Politician Spots New, Destroyed Sneakers In Trash At Sports Authority Store Closing Sale
By 7.29.16
Politicians are regular people who do mundane things like check out store-closing sales at national sporting goods retailers. A New Mexico state representative spotted shoes that had been deliberately destroyed tossed in the dumpster outside of a closing Albuquerque Sports Authority store, and was angry that good shoes had deliberately been destroyed. [More]
Sports Authority Almost Had To Shut Down Liquidating Stores, Still Pays Millions In Bonuses
By 7.13.16
Defunct sporting goods retailer Sports Authority almost had to shut down its liquidation sale early, having run out of cash. Instead, they made a last-minute deal with lenders to keep the liquidation sales going. Don’t worry, though: executives will still get a total of $2.85 million in bonuses. [More]
Let’s Check Out An Actual Store-Closing Sale At A Sports Authority Store
By 6.2.16
We always tell readers not to rush out to store-closing sales until later on, if at all, since the deep discounts and brightly colored signs hide discounts that aren’t that great. Over the holiday weekend, Consumerist stopped by a Sports Authority store to find out how the store-closing sale is going. What we learned: there isn’t a big market for University of Georgia Christmas sweaters in upstate New York, especially in late May. [More]
Here’s What You Should Remember Before Hitting Sports Authority’s Store-Closing Sales Today
By 5.25.16
Your inner bargain-hunter may have heard the news that Sports Authority’s liquidation sales in hundreds of stores across the country begin today. That doesn’t mean that you should run out and gather up workout clothes and sports gear right away, though, unless you have a gift card to use up, since it will only be valid through June 26 June 28. That’s because of the strange way that liquidation sales work, where the prices on everything are hiked up before they’re brought back down. [More]
No, The Deals At Store Closing Sales Are Often Not That Great
By 5.19.16
When the bright “store closing” signs go up outside of a store that’s being liquidated, that’s meant to attract shoppers in search of deals. The problem, though, is that liquidation sales mean first marking items up to their original retail price, then gradually lowering them, meaning that prices are higher than they were when the “liquidation” started. [More]
Here’s The List Of Aeropostale Stores That Are Closing
By 5.4.16
Whether it was market conditions or the behavior of their lenders that drove Aeropostale into bankruptcy, the teen-oriented clothing retailer has difficult decisions to make about which stores to keep and which to close. They’ve already decided on a preliminary closing list. [More]
Target Canada Liquidation Sales Offer Crappy Deals Unless You’re A Competing Pharmacy
By 2.5.15
For some reason, customers lined up outside of Target’s Canadian stores in the very cold hours before the sun rose this morning, anticipating fantastic deals at the liquidation sale. These shoppers were disappointed. While a few people scored deals on TVs and other big items, other consumers complained about the low discounts. [More]
Blockbuster Stores Are Having A Wacky Nationwide Liquidation Sale
By 11.20.13
If you’ve always dreamed of owning a giant gumball machine, a movie ticket-shaped “OPEN” sign, or hundreds of empty DVD cases, you’re in luck. While it’s sad that Blockbuster Video locations are finally shutting down, this is a boon to anyone who wants to pay strange prices for the equipment to open their own DVD rental store. [More]
Buying Fixtures In A Retail Liquidation Sale: A Cautionary Tale
By 5.19.11
Liquidators hired to clean out a closing retail store sell everything, down to the equipent and fixtures. Well, theoretically they do. Jay bought a handtruck from a closing Borders store, paid in advance, and was told to stop by the store to pick up the purchase later that month when the store actually closed. When he did, the store had closed, and all of the fixtures were gone, along with the liquidators. [More]
In Search Of The Mythical 10% Additional Borders Discount
By 4.6.11
Do you live near a closing Borders store? Did you receive an e-mail last week promising 10% off in addition to rewards-card discount and liquidation markdowns? Devin did, and he and other customers were frustrated when Borders employees wouldn’t give him the discount promised in the e-mail. Except the message didn’t promise any additional discount. Or maybe it did. [More]
Amazing Deals Available At Borders And Ultimate Electronics Liquidation Sales
By 3.1.11
Two big-box retailers are currently liquidating: Ultimate Electronics is closing all of its stores, and almost a third of Borders locations are closing. Surely this presents some excellent savings opportunities for consumers. Let’s be vultures and check in on the progress of the sales. [More]
Surprise: Working In A Closing Ultimate Electronics Really Sucks
By 2.25.11
Consumerist readers know that liquidation sales at big-box stores usually offer nothing but large, rude crowds and crappy deals. An anonymous Ultimate Electronics employee who is also a longtime reader wrote in to offer some tips for shoppers who want to check out the sale. Those tips are really more of a rant about what it’s like to work in a store that’s being liquidated. [More]
Don't Rush Into Buying Stuff At Liquidation Sales
By 2.10.11
With the news that the Ultimate Electronics chain is to be liquidated, we were reminded of the Circuit City liquidation and the lessons consumers (hopefully) learned from that debacle. [More]
The Secrets Of Liquidation Sales
By 1.23.09
CNN Money has posted an informative article about what happens at liquidation sales. Some of the people quoted are fairly critical, but even the liquidation company execs that are quoted admit that a liquidation sale doesn’t exist for the benefit of the consumer. Here are the highlights.
Busted: Linen's N Things Liquidation Prices Actually Higher Than Original
By 11.25.08
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?
