Circuit City rip off

[inteller]

Not surprised really....

http://www.kjrh.com/content/news/franchises/dwym/story/Circuit-City-Closing-Sale-Undercover-Investigation/Dd7Xe20qJUec0osLHi92rA.cspx


Maybe every store should "liquidate" and bring in all the idiots who think they are getting a deal.

[TURobY]

The best is to usually wait for a couple of weeks. I got some really great deals on some notebook supplies and computer parts from CompUSA when they went out of business.

However, there were a few things I was waiting for to come down even futher, but someone sniped them out from under me. [:O]

[sgrizzle]

So they went deep undercover to discover things every shopper should already know and understand? The sign says "UP TO 30% off" which means that some old pile of crap is 30% off and everything else is 10-20%. Also, When they begin a closeout, they use the markdowns off full retail price and with major consumer electronics stores, items rarely spend much time at full retail price.

[TeeDub]

You mean you should check out the prices for what you buy and not just assume that 10% off means you are getting the best deal?

Wow, with news like this how can we ever lose?

How long until they remind me not to send my banking information to strangers in Nigeria?

[cannon_fodder]

Also deep enough undercover to do what the Washington Times has already published (quoted in the article).

Also the story was already done by:

The Mercury News (Silicone Valley):
http://www.mercurynews.com/breakingnews/ci_11549464

The Portland Press:
http://pressherald.mainetoday.com/story.php?id=235085&ac=PHnws

MSNBC:
http://www.msnbc.msn.com/id/28819924/

LA Times:
http://www.latimes.com/business/la-fi-liquidation20-2009jan20,0,2708883.story

And CNN:
http://money.cnn.com/news/newsfeeds/articles/djf500/200901161353DOWJONESDJONLINE000813_FORTUNE5.htm

All within the last week or so.  And that's just to name a few.

The fact that it was stylized as an "Undercover Investigation" is a bit insulting.  The story had already been out there on other major news outlets, and you took your camera in and documented it for TV news.  Kudos on doing more than just reporting other peoples stories, but don't pretend like this is your story.

This just in!   cannon_fodder news has conducted extensive meteorological studies and concluded that we will have winter weather later today.  Expect a full investigative report tonight at 9.

[T Badd]

This has been discussed in depth on Consumerist lately. Some of the stories of the "liquidation sale" tricks are truly maddening.

http://consumerist.com/search/circuit+city/bydate/?timerange=all

I didn't shop at CC before they filed for bankruptcy, and I certainly won't try to take advantage of their "deals" they're offering as they fade away into obscurity.

[Hoss]

quote:Originally posted by inteller

quote:Originally posted by TURobY

The best is to usually wait for a couple of weeks. I got some really great deals on some notebook supplies and computer parts from CompUSA when they went out of business.

However, there were a few things I was waiting for to come down even futher, but someone sniped them out from under me. [:O]

there wasn't jack **** left at Compusa when prices got down to where they should have been.  There won't be anything else at CC left either.  All the rubes come in and snatch the stuff up.

+1 for the use of the word 'rube' in a forum post.

[]

[grahambino]

yeah went by on Saturday.  The store on 41st was packed, but they apparently don't want to liquidate much inventory.  10% off?  weak.

Though 30% off my copy of "Earnest goes to the Podiatrist" was a good deal.

[TURobY]

quote:Originally posted by inteller

quote:Originally posted by TURobY

The best is to usually wait for a couple of weeks. I got some really great deals on some notebook supplies and computer parts from CompUSA when they went out of business.

However, there were a few things I was waiting for to come down even futher, but someone sniped them out from under me. [:O]

there wasn't jack **** left at Compusa when prices got down to where they should have been.  There won't be anything else at CC left either.  All the rubes come in and snatch the stuff up.

I and my $15 notebook bag, which was selling for around $60 at competitors, would proudly disagree. But, that was probably more luck than anything else, as I'm sure that notebook bags aren't "hot" commodities. Everything else I got were supplies that I needed, which just happened to be $5-10 cheaper than competitors.

The key is to know for what price things sell elsewhere, and then check out the store to see if the liquidation price beats it. Simple as that.

[sgrizzle]

quote:Originally posted by grahambino

yeah went by on Saturday.  The store on 41st was packed, but they apparently don't want to liquidate much inventory.  10% off?  weak.

Though 30% off my copy of "Earnest goes to the Podiatrist" was a good deal.

Was that the hd-dvd version?

[sauerkraut]

Yeah this is nothing new, closeouts are no bargan no matter what the store. The last few days they have deep discounts but everything good is sold. I never did buy much at places like "Circuit City" & "Best Buy" the items are not really cheap and returns are always a hassle and a fight plus they tack on a 15 percent restocking fee on returned stuff. I find it much more easy to buy at stores like Wal-Mart where the price is low and refunds are easy no questions asked and no re-stocking fees.

[patric]

quote:Originally posted by cannon_fodder

the story was already done by:

The Mercury News (Silicone Valley):
http://www.mercurynews.com/breakingnews/ci_11549464

The Portland Press:
http://pressherald.mainetoday.com/story.php?id=235085&ac=PHnws

MSNBC:
http://www.msnbc.msn.com/id/28819924/

LA Times:
http://www.latimes.com/business/la-fi-liquidation20-2009jan20,0,2708883.story

And CNN:
http://money.cnn.com/news/newsfeeds/articles/djf500/200901161353DOWJONESDJONLINE000813_FORTUNE5.htm

Add this one, from Dec. 13, "Beware of Liquidation Sales"
http://www.fox23.com/news/local/story/Beware-of-Liquidation-Sales/zEyi4O7LMUiTaMs-YbpJOg.cspx?rss=77

[TheTed]

They really know how to grab viewers: Bring us stuff we read on the internet a week ago.

[Conan71]

Hail sales at car dealerships are usually a rip-off as well.

Buyers get false confidence that they are getting a great deal.  In reality, the dealer winds up selling the car for about the same as you'd buy an undamaged one for, plus the dealer gets to keep the insurance claim on each vehicle.

[Hawkins]

quote:Originally posted by cannon_fodder

Also deep enough undercover to do what the Washington Times has already published (quoted in the article).

Also the story was already done by:

The Mercury News (Silicone Valley):
http://www.mercurynews.com/breakingnews/ci_11549464

The Portland Press:
http://pressherald.mainetoday.com/story.php?id=235085&ac=PHnws

MSNBC:
http://www.msnbc.msn.com/id/28819924/

LA Times:
http://www.latimes.com/business/la-fi-liquidation20-2009jan20,0,2708883.story

And CNN:
http://money.cnn.com/news/newsfeeds/articles/djf500/200901161353DOWJONESDJONLINE000813_FORTUNE5.htm

All within the last week or so.  And that's just to name a few.

The fact that it was stylized as an "Undercover Investigation" is a bit insulting.  The story had already been out there on other major news outlets, and you took your camera in and documented it for TV news.  Kudos on doing more than just reporting other peoples stories, but don't pretend like this is your story.

This just in!   cannon_fodder news has conducted extensive meteorological studies and concluded that we will have winter weather later today.  Expect a full investigative report tonight at 9.

People are sheep.

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