auto bailout
With a week to go before the deadline runs out on
Chrysler's bailout — it's looking less and less likely that the automaker will be saved from liquidation.
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caveat emptor
Sorry deal hunters, the
liquidation sales starting today at over 300
Ritz Camera locations will be managed by the same cabal of corporate scavengers that oversaw Circuit City's abysmal liquidation sales.
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auto bailout
With two weeks to go before the government deadline to approve
GM's restructuring plan, the
AP says that GM's CEO Rick "The Station" Wagoner told the press that if GM is allowed to go into bankruptcy, it will
simply be liquidated.
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funny
After seeing our
photo evidence of the sorry state of the St. Peters, MO,
Circuit City yesterday, Eric decided to check out the final days of the
Circuit City in Poughkeepsie, NY. He writes, "On one clearance table, among the overpriced cables, I saw this. I'm not sure what this was doing there, but it's probably something the Circuit City executives should have read a few years ago, huh?" Yes, but it's never too late! Those executives are going to end up working
somewhere after all. By the way, do CC execs get a liquidation discount?
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circuit city death watch
WCVB TV in Boston has an interview with two
Circuit City liquidation customers who are out $1,100 after they bought a Samsung LCD TV from
Circuit City's liquidation sale — only to find out that it was totally shattered. When they tried to return it — Circuit City's liquidator told them the merchandise was sold "as is" and cannot be returned for any reason. WCVB TV says there's a sign in one store telling customers
not to open the merchandise, and another that allows customer to check their merchandise only after they've paid for it. Is this ethical?
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circuit city death watch
Hey, we're sorry if you're getting sick of hearing about how
Circuit City's liquidation sale isn't a good deal, but it's our duty to inform you that yet another local news investigation has determined that CC's sales are crappy. In this case, they found every single item they shopped for, from DVDs to big screen TVs,
cheaper on-line — and took a look at a laptop that is now being sold at a sale price that is more than before the store was taken over by liquidators. Let's listen in:
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circuit city
Returning something to Circuit City? All sales are final during the
liquidation, but if you bought it between January 1st and the 16th, you have a 14-day return window. However, if you bought it before January 1st, the original 30-day policy still applies. Your cashier might not know this, though, and try to deny the return. That's what happened to Jason today when he tried to return a hard drive.
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circuit city
Liquidation is a time for reflection, we guess, so we put together a nice little time line of Circuit City's precipitous decline over the past 2 years. We begin our journey in March of 2007, when Circuit City announced that it was firing everyone who knew what 1080p meant so that they could hire cheaper labor...
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circuit city death watch
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.)
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circuit city death watch
Circuit City announced today that it is close to finalizing a deal to sell all or part of its operation to one of two undisclosed potential buyers— but if the deal falls through— the store could be liquidated.
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bankruptcy
KB Toys has returned to Chapter 11 bankruptcy, says the
Wall Street Journal, and will be liquidated by its parent company — Prentice Capital Management.
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