Monday, March 9, 2009

A Real "Deal" at Circuit City's Liquidation

With so many big name retail stores going out of business lately, there are a lot of reports in the news about how liquidators raise the prices and then start small with their discounts when clearing out the merchandise.

When Linen 'N' Things was under liquidation, my sister and I went to look at what they had when the discounts were 30% and 40%. No deals there.

Early in Circuit City's going-out-of-business sale, Michael and I went to see what they had. We weren't looking for anything in particular, but we just wanted to see what was going on. No deals there either.

Yesterday was Circuit City's very last day of existence. Michael and I were running errands near one of their stores and decided to stop in -- just to see what might be left. There was hardly anything at all. It looked like most of their sales were of the store's fixtures. I even saw a lady get a Circuit City hand-truck/cart type thing that had been used to roll big items out to the curb for customers. She bought it for $10.

One of about two shelves that still had anything on it was stocked full of hi-speed USB cables. Then, I remembered -- I actually need one of those. Over the summer when I bought my new printer/scanner/copier (from Circuit City!), I borrowed my sister's USB cable to hook it up because I didn't have one. However, months later I still hadn't gotten one of my own, and she was looking to get hers back.

I really had no idea how much a cable costs, but they had them marked with a regular price of $33.99, and sale price of $1.50. $33.99 -- really?! I decided to buy one because even though I didn't believe I was getting that big of deal, I didn't figure I could get it anywhere else for less than a buck fifty.

We had to go to Target next, so out of curiosity, we went to the electronics department to see how much a similar cable would cost. It was $10. Come on now -- where did the liquidators come up with that $33.99 "original" price?

It's okay. We definitely got a deal. But it sure did prove that those news reports of jacked up prices before liquidating were true!

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1 comment:

Kate said...

That's interesting that they did that. Once again, it pays to do your research. I heard from friends that the prices weren't all that low and it wasn't really worth dealing with the mess and confusion.

And $1.50 is a great price for that cable!