If you’ve tried to check out the so-called liquidation “deals” that might be advertised on Circuit City’s website, you’ve no doubt noticed that the website no longer exists. HDGuru grabbed some prices from the site before it was taken down — and they say that the regular website deals were better than the 10% off being offered at a doomed Circuit City in Massapequa, NY.
Now that Circuit City has finally sputtered out, it’s fun to talk about what did them in—see their firing-your-best-employees stunt a few years back, for example. But what do former Circuit City employees think? This guy worked with them from 1997 to 2002, and he says for one thing, they should have never stopped carrying appliances.
Now that Circuit City is getting liquidated, what happens to your gift cards? What about extended warranties and repairs? These burning questions and more, answered in our Consumers’ FAQ to the Circuit City liquidation extravaganza…
An independent contractor hired in connection…
A tipster claiming to be a KB Toys manager says that consumers should use their gift cards before the final day of the liquidation.
A Steve and Barry’s going out of business sale has started at its 173 nationwide clothing locations, which specialized in super-cheap clothes, university apparel, and exclusive celebrity-line vestments. Gift cards will be accepted. [Reuters] (Thanks to David!)
Reader Scott went to the closing Circuit City in Oklahoma City and found that there weren’t many deals to be had. He also noticed that Circuit City’s liquidator seems to be having a problem calculating their discounts.
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.
Tom says he went to one of the closing Circuit City stores to check out the liquidation deals and was disappointed. The whole store was marked down, but the deals about the same as normal “sale” prices.
TigerDirect has gone through with its plan to purchase CompUSA, including its website, inventory, and “16 of the best CompUSA retail stores,” according to an email sent by CEO Gilbert Fiorentino to TigerDirect employees. The tipster writes, “This also includes Tiger absorbing a fair amount of their stock, though most of what’s in the stores IS going to get cleared out.”
To celebrate CompUSA’s demise, this BestBuy store made a music video to the beat of DJ Khaled’s “We Takin’ Over.” A bad music video. [YouTube]
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.
Reader Dave writes in to confirm that CompUSA’s “fire sales” do, in fact, suck. Dave reports the soon-to-be-shuttered Monroeville, PA CompUSA is offering most items for 10% off MSRP. Some items sport discounts of up to – hold your breath – 20% off.
You can find out how crappy the closeout deals will be at your local liquidated CompUSA by hacking this URL: http://www.compusa.com/specials/storeblowoutsale/blowoutXXX.htm
Don’t expect good deals at CompUSA store closings, reader Brian reiterates, as the liquidation company apparently has a history of being anti-consumer: