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CircuitCity DEAD -

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CircuitCity DEAD - Circuit City
 
Discuss (89) : History : Tell : Posted 7:53 AM PST 01/16/09 by Ben
CircuitCity DEAD -Circuit City is liquidating, meaning they are going ka-put. It is just hitting the news wires that they will sell all inventory from their 567 stores. Look for some good sales on this inventory, but don't expect to be able to return anything or to get any store support for your purchases.
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#1   marcel1897 - Posted 7:58 am PST 01/16/09 (284 Posts)
Does anyone know if they will still honor their giftcards?
#2   GoPSU - Posted 8:04 am PST 01/16/09 (23 Posts)
Umm... If I were you and had a CC gift card I would drop whatever it is you're doing and immediately head for the nearest store. Once they start the liquidation you can be almost 100% guaranteed that gift cards will not be accepted.
#3   c9com - Posted 8:04 am PST 01/16/09 (15 Posts)
go to use first!!!
#4   piratemcgee - Posted 8:06 am PST 01/16/09 (102 Posts)
#5   piratemcgee - Posted 8:07 am PST 01/16/09 (102 Posts)
Also, next in danger: Bestbuy. Just give it some time. They are going to face fierce competition on pricing from Wal-mart, Target and online.
#6   slitwrist - Posted 8:08 am PST 01/16/09 (174 Posts)
how soon til we see liquidation prices?
#7   redsox786 - Posted 8:09 am PST 01/16/09 (42 Posts)
that sucks
#8   dgower - Posted 8:10 am PST 01/16/09 (183 Posts)
does corporate discount still work on the liquidation? I hear the liquidation company taking it over usually increase the prices. It's a scam.
#9   redsox786 - Posted 8:10 am PST 01/16/09 (42 Posts)
Is this for ALL Circuit City stores in the US or just the ones they announced a while back?
#10   CommonSense - Posted 8:15 am PST 01/16/09 (140 Posts)
Don't expect great prices on everything.... ABC News did a story on this kind of stuff a month or so ago. The liquidators come in and raise prices and then mark'em down, but they'll still above what they were before the liquidation. Just because it says half off, doesn't mean it's half off what CC was charging.

What really sucks is that 30,000 people will be laid off.
#11   benbmip - Posted 8:15 am PST 01/16/09 (111 Posts)
TigerDirect may buy CC....
#12   verebs1 - Posted 8:17 am PST 01/16/09 (137 Posts)
yeah, as soon as stuff goes on sale all the good stuff has already been sold to a third party or back to the manufacturer.
#13   hot4deals77 - Posted 8:20 am PST 01/16/09 (26 Posts)
HH Gregg was honoring CC gift cards, don't know if they still are.

http://www.hhgregg.com/dynamic.asp?SID=n&did=1015
#14   Jeppy - Posted 8:21 am PST 01/16/09 (2 Posts)
That really sucks for people that purchased the extended warranties.
#15   TheTick - Posted 8:30 am PST 01/16/09 (107 Posts)
#14 the extended warranty is likely insured by another company. CompUSA for many years sold extended warraties backed by GE (at least until the last-90's when they switched to a less reputable insurer)
#16   DarkHorse - Posted 8:31 am PST 01/16/09 (10 Posts)
Listen to #10. If you know your prices then go for it but if you blindly buy whatever says "70% off" you will be sorry. Liquidators is a business and they have taken over the inventory for a set price and in turn markup then mark down to make a margin and take a profit from uneducated buyers.
#17   phoshzzle - Posted 8:31 am PST 01/16/09 (94 Posts)
so should i goto my neaby CC NOW? or should i wait?
#18   airhooo - Posted 8:34 am PST 01/16/09 (93 Posts)
when will prices change?
#19   Jeppy - Posted 8:34 am PST 01/16/09 (2 Posts)
That really sucks for people that purchased the extended warranties.
#20   dakii - Posted 8:34 am PST 01/16/09 (108 Posts)
the circuit city by my house closed last month. i went by a couple times during their liquidation sale...and it sucked. even when it said 40-70% i couldnt find anything onsale enough to grab.
 
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