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Any Circuit City employees? UPDATED for liquidation
Improvolone
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For those of you who haven't heard, something like 100 Circuit City stores are closing. The one near me is, and from what I've heard they will be closed tomorrow, open on Wednesday, and hope to have everything gone by Thursday.
This means discounts like woah.
Is anyone here an employee with maybe a bit more information as to what will be discounted (...everything?), by how much, or anything else?
UPDATE: I went this morning and everything was 10-30% off (some exclusions such as iPods were 5% off). I was looking at TVs in particular and the discounted price on the floor models was still many hundreds over Amazon's price on a new set. I talked to two different sales people and they are not allowed to take the price down at all. However, the discounts will get bigger as the week goes on. This is because these CC stores are no longer owned by CC, but rather a liquidation company. One employee told me I could get a better price through a price match from a CC that isn't closing.
Wasted morning, but whatever.
This means discounts like woah.
Is anyone here an employee with maybe a bit more information as to what will be discounted (...everything?), by how much, or anything else?
UPDATE: I went this morning and everything was 10-30% off (some exclusions such as iPods were 5% off). I was looking at TVs in particular and the discounted price on the floor models was still many hundreds over Amazon's price on a new set. I talked to two different sales people and they are not allowed to take the price down at all. However, the discounts will get bigger as the week goes on. This is because these CC stores are no longer owned by CC, but rather a liquidation company. One employee told me I could get a better price through a price match from a CC that isn't closing.
Wasted morning, but whatever.
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The stores being shut down are primarily in Georgia, California, Ohio and Arizona. They're actually shutting down all four stores in Atlanta, and even a brand new store that opened about 3-4 months ago in Naples, Florida.
Yes I work for CCity, but unfortuantly in the interest of not getting fired I'm going to stay a little hush hush, but I can say that thankfully I am not affected by this.
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I did pick up Mass Effect for $13 and L4D for $34, a couple of Blu-rays for $15, and some CDs for $8, so I guess it wasn't a total loss. Too bad their home surrounds and TVs, you know, the stuff worth going after, are still in the $300s.
This, exactly. In fact, this is why I have never bought anything from Circuit City. I think the only thing they ever had over the other big chains is superior, more specialized customer service as opposed to the high school kids they employ at Best Buy.
this is not circuit city, its the closeout people who bought them, and that is their business practice. if this were best buy they would do the exact same thing. this happened to linens and things, only there you could go and rip off the clearance tag and see a cheaper *on sale* tag by at least 20% more off. The closeout people dont buy stuff to liquidate at a loss, they do this as a buisness to make money. when people think there getting a deal at closeout prices, theyill pay anything.
Hardly a liquidation.
It's not CC, it's the company which is doing the liquidation, and they did the same thing for CompUSA. And they jacked up the prices before putting that 20-30% off, too. And yet people come in droves because they're closing.
That's how liquidations work. The job of the liquidator is to make the maximum amount of money possible out of the remaining stock. They do this by charging the maximum price they can while still getting rid of the stock.
It's not a fire sale.
You can get stuff heavily discounted if it's something they're holding a lot of, or they'll otherwise find difficult to shift (i.e. stuff that not many people want) but that's the exception, not the rule.
I picked up the entire series of Harry Potter DVDs for $7 each, a couple fairly new DS games for $20, and Scurge:Hive for $3.47.
I did notice, however, that not a single price matched what was on the sticker for the item. They all rang up cheaper (sometimes much cheaper) than the price attached. So at least at my CC they're discounting everything further but not bothering to re-price any of it except in the computers.
Wait until the very last day if you want any deals. If anything is even left.
Consumers are dumb.
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