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]
everything must go
A Ready-To-Go Hotel Room Kit & 5 More Things You Can Buy In The Trump Taj Mahal Liquidation
When A Store Closes, Where Must Everything Go?
With a record number of retail bankruptcies this year and surviving chains trimming their store counts, there are a lot of store closing sales happening across the country. Yet when a store closes its doors and the liquidation sales have been thoroughly picked over, where does everything end up? [More]
Reminder: Liquidation Sales Offer Terrible Deals, Bad Return Policies
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]
JCPenney Postpones Store Closings Because People Are Shopping There Again
Two months after JCPenney announced it would shutter 138 stores across the country amid falling sales, the company says it is delaying those closings as customers have apparently started shopping with the retailer again. [More]
Demise Of hhgregg Means You’ll Buy Your Next Fridge From Best Buy
The bankruptcy and liquidation of hhgregg is terrible for the retailer’s employees and retail landlords, but someone may benefit from the retailer’s downfall. Best Buy has a national presence and a large overlap with what hhgregg sells, and is in a position to pick up some of the retailer’s former customers the next time that they need a fridge or a computer. [More]
hhgregg Stores Are Closing After Bankrupt Retailer Can’t Find Buyer
Up until 5 P.M. on Friday, appliance retailer hhgregg was waiting for a buyer to swoop in and save it from liquidation. The appliance, electronics, and furniture retailer could find someone to buy its business as a going concern, keeping at least some of its stores open, or it could liquidate and close. Store closing sales began on Saturday. [More]
Would You Want To Know Your Engagement Ring Was Bought At 70% Off?
This weekend, the Macy’s store in downtown Minneapolis closed for the last time. Yet one of the clearance items shared by a local reporter visiting the store caught our eye. A shelf of engagement rings marked 70% off made us wonder: Would most people want to know if their engagement ring had been one of the last jewelry counter dregs at a store-closing sale? [More]
Here Are The 365 Stores RadioShack Wants To Close Next
RadioShack recently filed for Chapter 11 bankruptcy protection for the second time in just over two years, and the electronics chain has announced plans to close somewhere between 530 and all of its stores, making final decisions in the coming weeks. What we do know is that the company has begun another round of store closings, and a likely list of stores slated to close was filed in the Shack’s bankruptcy case. [More]
Wet Seal Will Liquidate And Close 137 Remaining Stores
Attention, fashionable yet casual Consumerists: Get ready to head to your local mall if you’ve ever liked any products from clothing and accessories seller Wet Seal. The company is closing nationwide, which means selling everything from the clothes left on the racks to its office equipment. [More]
Kenneth Cole Closing All Of Its Outlet Stores
This has not been a good year for the designer brands that you generally find at outlet malls. Michael Kors, Kate Spade, and Coach have all cut back on their department store presence during 2016, hoping to find customers who will pay full price somewhere else. Kenneth Cole, meanwhile, is trying another tactic: the brand is closing all of its outlet stores, leaving two full-price boutiques, its website, sales through other retailers, and its international business. [More]
Retailer That Overcharged, Then Sued Military Personnel Is Going Out Of Business
A year ago, Virginia-based USA Discounters was in the spotlight after the supposedly discount retailer — which had several locations adjoining military bases and directly marketed its financing to servicemembers — was criticized for charging ridiculously high prices on its products and then suing soldiers in such a way that they could rarely defend themselves in court. The retailer then changed its name to USA Living and promised to not be so evil, even though the lawsuits continued. Now comes news that the retailer is going to close up shop for good. [More]
Supreme Court Says Convicted Felons Have A Right To Sell Their Guns
Plenty of Americans legally own firearms. If any of them are later convicted of a felony (that isn’t related to the weapons) and can no longer own a gun, should they have the right to have some input on where their former firearms go? According to the U.S. Supreme Court, yes. [More]
Corinthian Colleges To Sell Off 85 Campuses; Close 12 Others
While most of us spent the July 4th weekend relaxing and trying to not think about work or school, the folks at faltering for-profit education company Corinthian Colleges — operators of Everest University, WyoTech, and Heald College — were busy slapping For Sale signs on almost all of their campuses around the country. [More]
Surprise: Working In A Closing Ultimate Electronics Really Sucks
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]