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You are here: Home / Asides / Circuit City Deals

Circuit City Deals

By Mark Shead 6 Comments

Circuit City is closing all of its stores and liquidating all of the inventory. Usually this means that they keep dropping the price until everything is sold. I visited a store on Friday and they said they were planning on wrapping everything up on Monday. This means that Monday will probably have some of the most discounted prices. When I was there the TVs were still overpriced: A floor display (missing remote, stand, instructions, etc.) Sony was going for $1100, but you could get it new for $1400. However, there were some reasonable deals on movies, cables, camera batteries and speakers. I was amazed at how little was left in the store. Oh and the water had been turned off so there were no public restrooms.

You might be able to make them an offer on some stuff. There wasn’t anything I wanted so I didn’t try this, but if you told them you’d give them $200 for a display laptop without a battery or powercord they might do it just to get rid of it.

Filed Under: Asides Tagged With: liquidate

Reader Interactions

Comments

  1. Wesa says

    January 19, 2009 at 11:56 am

    Yeah, if they don’t raise the prices first then declare that they are 20% off. A ton of companies have utilized this scam when going out of business.

    Reply
  2. Wesa says

    January 19, 2009 at 10:56 pm

    http://i.gizmodo.com/5134152/circuit-city-closeout-deals-arent-deals-at-all

    Reply
    • Mark Shead says

      January 20, 2009 at 9:29 am

      Usually liquidators start off with prices that are the same as normal and lower things as time goes on. (Kind of like most people run a garage sale.) The very best deals will be right before the close up for good.

      Reply
  3. honkymofo says

    January 23, 2009 at 12:23 pm

    Went yesterday…..you can still get TV’s cheaper at Sears….no wonder they went bankrupt with the business practices they used….10% off is what they have now on most items.

    Reply
  4. Nick says

    January 27, 2009 at 9:10 pm

    Ditto to the above.

    While Circuit City is going out of the business, they hire a professional liquidator (sic?) to maximize whatever top dollar they can get given the hype of “Going Out Business – Everything Goes!!!!!”

    What seems like a “deal” is probably just as competitive with the prices at Best Buy, Walmart and Sears etc.

    Buyer beware and expect this tactic when other retailers announce the same.

    Reply
  5. Mark Shead says

    January 28, 2009 at 8:01 am

    @Nick – We don’t have a Circuit City around here, but I’d expect the really good deals to come once they get to the point where they are just trying to move things out so they don’t have to transport them elsewhere. This is the same way most estate sales work. The first day a used $200 television will be marked $350. By the end of the second day it is down to $75. :)

    Reply

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