Circuit City Liquidation started!

[SingSing]

http://tech.yahoo.com/blogs/patterson/34216

Finally, No more CC and only BB. Circuity City followed Linen'n'thing, K.B.toy and Office Depot, and all of them are going down.

One more quick check on your pile of gift cards.

Note: I used my last CC gift card that I received on a Michelin GPS.

[SCDVD]

The discounts for anything interesting is a joke. They range from 0% to 10% discount for anything worthwhile. When you consider the prediscount price is high, it's worthless. If you want 30% off of an overpriced cable, knock yourself out. They will probably discount more later on but the "discounts" now are for suckers.

[fritzi93]

I was in this afternoon. Wasted trip; 10% off of inflated prices? No thanks.

[lordsmurf]

Everything was expensive at one of my local stores, right up to the last day. I could find better deals online, or even down the street at Target, Walmart, Best Buy, OfficeMax, Office Depot, Staples -- even Radio Shack.

The only item worth buying was a $5 DVD, then last day the store was open.
Marked down from $25,
but the same movie was $15 in local stores,
$10 on Amazon/DeepDiscount,
or about $7-8 used (shipped) on eBay or Amazon.

[budz]

for CC to close down since Hawaii will now only have BEST BUY. No competition now which will surely suck for the consumers. Hawaii needs a FRY'S ELECTRONICS!

[SingSing]

for CC to close down since Hawaii will now only have BEST BUY. No competition now which will surely suck for the consumers. Hawaii needs a FRY'S ELECTRONICS!

Just went to San Jose on B.trip, and went to Fry's for a few needed electronics parts.
The Price in Fry are high, no relief here.

[SCDVD]

for CC to close down since Hawaii will now only have BEST BUY. No competition now which will surely suck for the consumers. Hawaii needs a FRY'S ELECTRONICS!

Just went to San Jose on B.trip, and went to Fry's for a few needed electronics parts.
The Price in Fry are high, no relief here.

Fry's has merchandising down to a science. If you are price savvy and shop their sale specials, you can get some good deals at Fry's but if you shop there trusting that everything will be a good price, you will get robbed.

[jman98]

My brother was a department manager for CC until 2006. He left before the massive layoff CC did in 2007. He bought some cheap DVDs at a store they closed before Christmas but he had to go there the day before they closed for good to get a deal. The prices were good though. He told me that he couldn't believe the prices that people were paying right after Thanksgiving when the "discounts" were imaginary and people could go down the road to Best Buy and get better deals on the same things.

National media is reporting frenzied buying in some stores and bad prices.
A fool and his money...

[fooledagain]

Big deal. Nothing will be cheap. The good inventory will be sold to a liquidator company. Very few good deals for the consumer.

[olyteddy]

Funny, the Circuit City ad in my Sunday paper still offers 36 month financing on big screen TVs...Time to get a CCCC? (CC Credit Card)

[SCDVD]

Funny, the Circuit City ad in my Sunday paper still offers 36 month financing on big screen TVs...Time to get a CCCC? (CC Credit Card)

The ad was generated and released before the "bomb" hit.

[lordsmurf]

CC = Circuit City
cc = credit card

The CC cc is underwritten by one of the big banks anyway. I bought a computer there many years ago, and the CC cc was First USA at the time, I think. I forget where First USA ended up, either Citi, Chase of BofA now. But those are cc offers, very little to do with CC itself.

The card will close, and you'll have a locked balance. At best, the cc company may roll you into a regular non-CC cc account.

[redwudz]

Not video news. Moved to Newbie/General Forum.

[manono]

for CC to close down since Hawaii will now only have BEST BUY. No competition now which will surely suck for the consumers. Hawaii needs a FRY'S ELECTRONICS!

We in Kona have none of them. We were just about to get a Circuit City, though, but they changed their plans maybe 6 months ago when they realized the last thing they needed was more expansion. It was a poorly run company that deserves to die. There's nothing like a good recession to weed out the weak companies. My only wish (until Best Buy or Fry's show up) is that NewEgg allow the use of the US Postal Service for shipping, rather than only the rip-off (to Hawaii) FedEx.

[Soopafresh]

I got a mouse pad for 30% off. Only $7. They 20 minute wait in line was worth it.

[INFRATOM]

I'm not sure about CC but I've seen some dept stores when they want to close a liquidator company takes over and during sale they add all kind of junk and sell it as sale items and not cheap either. May company was an example. The good Guys did the same all kind of broken stuff and expensive too.

[pepegot1]

Ciruit City price for a 15" Toshiba HDVD: $299.00. Price for same TV at Jetson TV: $279.00. Maybe that's why they are going out of business.

[Seeker47]

Fry's has merchandising down to a science. If you are price savvy and shop their sale specials, you can get some good deals at Fry's but if you shop there trusting that everything will be a good price, you will get robbed.

Very much agree with what you said in the first post. When buying those sale deals from Fry's, though, you may have to get there very early, since quantities in stock can be a joke. If there is a good stock, best to take one off of a freshly delivered pallet ! Otherwise, your best defense is in buying something with no moving parts that's hard to mess up: then, IF they re-shrinkwrapped a returned item with no white sticker telling you this (something they've been a bit notorious for), you can't come out too badly.

[Soopafresh]

And pray you don't have to return anything...

[edong]

The liguidation sales were mostly fraud. They tried to sell many items which were not previously sold by those stores. In other words, they will make the people to believe that those were from the stores' inventory. I believe the good stuff were already taken out for a better deal.

[wtsinnc]

It's been widely reported that this so-called liquidation sale is a bad joke.
Yesterday, I sat in a Chilli's which is located next door to a Circuit City near Charlotte. During the course of that 80 or so minutes, I saw lots of people enter the store, but very few leaving with anything.
Even the white on red store signs had price tags on them, but I have no idea what the selling price was/is. As of this morning, the signs were still there.
Apparently, pretty much everything is still overpriced !

Even during the liquidation sale, CC is a textbook example of how not to run a business.
Less than ten years ago, there was real speculation that they were going to run Best buy out of business.
(Their) demise is the result of corporate arrogance and incompetence. They made the mistake of firing most of their best employees and replacing them with unmotivated individuals. They made other mistakes regarding store locations and bait-and-switch merchandising.

If your experience with Circuit City was satisfactory, then you are probably sorry to see them go.
As for me- ambivalence.
It will be strange for a while- not seeing their ads, but they won't be missed.

[SCDVD]

The liquidators act independently. Circuit City is now a ward of the bankruptcy court and effectively have no control over the liquidators. I'm sure that most liquidators are slime merchants who pull every stunt imaginable. They play to the suckers who blindly think that since its a liquidation that the prices must be great.

I won't miss Circuit City. They were mismanaged and staffed by incompetent people. The only thing I regret is that their demise removes a competitive element in the market. I wonder if Best Buy will take advantage of things and raise prices and reduce service now that Circuit City is gone..

[wtsinnc]

Actually, I was hoping that Tiger Direct/CompUSA would take over the stores, or at least, some of them.

In many localities, there will be no local competitor to Best buy.
In places with a Fry's, Costco or Walmart/Sam's Club, there will be competition in certain areas such as televisions, but for computer components, it's mail order.

I see someone filling the void, but not immediately due to the overall economic situation.
Give it a year, maybe two.
Remember, in this economy, Best buy isn't thriving either !

[Ai Haibara]

Didn't CompUSA close all their stores a year or two ago, though? In fact, Circuit City had just opened a local store in what had previously been a CompUSA. Now, less than half a year after it opened, it's going to have to close, again.

In places with a Fry's, Costco or Walmart/Sam's Club, there will be competition in certain areas such as televisions, but for computer components, it's mail order.

Hm? I've only been to two Fry's, but they were both well-stocked with computer equipment/hardware and components. Wonder if they're still offering that $100 Linux tower at any of the stores, though...

Haven't been to a Costco in ages (even though there's one near us), so I couldn't be sure about them.

[wtsinnc]

You are correct; the original CompUSA did file for bankruptcy, but a number of their stores were bought by Tiger direct and remain under their management.
http://www.compusa.com/

[wtsinnc]

An addenda to a previous post.

My statement

"In places with a Fry's, Costco or Walmart/Sam's Club, there will be competition in certain areas such as televisions, but for computer components, it's mail order."

was poorly constructed.
I am very aware that Fry's stocks an extensive array of computer components.

My statement should have read;
In places with a Fry's, you will have a real choice. Where there is only a Costco or Walmart/Sam's Club, there will be competition in certain areas such as televisions, but for computer components, it's mail order.

By the way.
The Tiger direct owned and managed stores DBA CompUSA now number 24 and are located mostly in Florida , North Carolina, Illinois, and Texas.
My information is that they are looking to expand further west.
They do have an affiliate program, but I know nothing about it.

[Ai Haibara]

Ah, okay.

I'd actually like to see CompUSA stores, again - they were a bit more expensive, but not usually as expensive as, say, Circuit City...

[videobread]

I went into CC Sunday to get my daughter a stereo for her Civic. The store was marked 10% off!!! The guy told me that things were cheaper last week before they filed. He said to wait a week or two until prices come down. No deals at 10% off!!!!!

[Seeker47]

Apparently, pretty much everything is still overpriced !

Even during the liquidation sale, CC is a textbook example of how not to run a business.
Less than ten years ago, there was real speculation that they were going to run Best buy out of business.
(Their) demise is the result of corporate arrogance and incompetence. They made the mistake of firing most of their best employees and replacing them with unmotivated individuals. They made other mistakes regarding store locations and bait-and-switch merchandising.
. . .
It will be strange for a while- not seeing their ads, but they won't be missed.

First, as many others have noted here, the so-called liquidation sales are a sham and a scam. You'd have to be frightfully dim to fall for it. That said, I did pick up one decent deal during the Good Guys liquidation. It was a Pioneer DVDR that I bought for someone else. But that was nearing the 11th. hour of the "sale", on an electronics item category whose sales had already started to wither. Not a whole lot of shoppers fighting over them. And this purchase had the manufacturer's warranty only on it, which luckily never had to be put to the test.

CC was never much good, in my estimation. Not very enticing prices, much like the original Comp-USA. They were notorious for pushing their extended warranties, which really weren't worth the paper they were printed on.

Did someone say Office Depot is next, headed over the cliff ? Jeez, we are losing even the pretense of competition, at least in the brick and mortar sector.

[redsandvb]

Are Blu-ray movies discounted at all right now?

Thanks!