Discuss (89) -
Posted at 7:53 AM on Friday 01/16/09 by
Ben
Hotness UNHOT
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.
  • 1
    marcel1897 - Posted 7:58 am PST 01/16/09 (499 Posts)  Report Spam

    Does anyone know if they will still honor their giftcards?

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  • 2
    GoPSU - Posted 8:04 am PST 01/16/09 (27 Posts)  Report Spam

    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.

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  • 3
    c9com - Posted 8:04 am PST 01/16/09 (15 Posts)  Report Spam

    go to use first!!!

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  • 4
    piratemcgee - Posted 8:06 am PST 01/16/09 (130 Posts)  Report Spam

    Confirmed:

    http://news.yahoo.com/s/nm/20090116/bs_nm/us_circuitcity_2

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  • 5
    piratemcgee - Posted 8:07 am PST 01/16/09 (130 Posts)  Report Spam

    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.

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  • 6
    slitwrist - Posted 8:08 am PST 01/16/09 (180 Posts)  Report Spam

    how soon til we see liquidation prices?

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  • 7
    redsox786 - Posted 8:09 am PST 01/16/09 (43 Posts)  Report Spam

    that sucks

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  • 8
    dgower - Posted 8:10 am PST 01/16/09 (204 Posts)  Report Spam

    does corporate discount still work on the liquidation? I hear the liquidation company taking it over usually increase the prices. It's a scam.

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  • 9
    redsox786 - Posted 8:10 am PST 01/16/09 (43 Posts)  Report Spam

    Is this for ALL Circuit City stores in the US or just the ones they announced a while back?

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  • 10
    CommonSense - Posted 8:15 am PST 01/16/09 (180 Posts)  Report Spam

    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.

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  • 11
    benbmip - Posted 8:15 am PST 01/16/09 (114 Posts)  Report Spam

    TigerDirect may buy CC....

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  • 12
    verebs1 - Posted 8:17 am PST 01/16/09 (151 Posts)  Report Spam

    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.

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  • 13
    hot4deals77 - Posted 8:20 am PST 01/16/09 (28 Posts)  Report Spam

    HH Gregg was honoring CC gift cards, don't know if they still are.

    http://www.hhgregg.com/dynamic.asp?SID=n&did=1015

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  • 14
    Jeppy - Posted 8:21 am PST 01/16/09 (15 Posts)  Report Spam

    That really sucks for people that purchased the extended warranties.

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  • 15
    TheTick - Posted 8:30 am PST 01/16/09 (146 Posts)  Report Spam

    #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)

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  • 16
    DarkHorse - Posted 8:31 am PST 01/16/09 (10 Posts)  Report Spam

    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.

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  • 17
    phoshzzle - Posted 8:31 am PST 01/16/09 (102 Posts)  Report Spam

    so should i goto my neaby CC NOW? or should i wait?

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  • 18
    airhooo - Posted 8:34 am PST 01/16/09 (111 Posts)  Report Spam

    when will prices change?

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  • 19
    Jeppy - Posted 8:34 am PST 01/16/09 (15 Posts)  Report Spam

    That really sucks for people that purchased the extended warranties.

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  • 20
    dakii - Posted 8:34 am PST 01/16/09 (158 Posts)  Report Spam

    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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