Circuit City to liquidate US Stores

 
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Garmin StreetPilot c580 & Nuvi 760 - Member 32160 - Traveling in Kansas

Is Fry's next?????????

..A fry's employee stated there was an article in a CA newspaper regarding a large $$ embezzlement investigation. In the Fry's stores I have noticed a significant reduction in inventory ... and few bargains.

what gets me is there aren't

what gets me is there aren't that many bargains. I still find better deals at bb every now and then. Then only real think I do like is they are willing to price match.

I wonder if. . .

I wonder if they are going to keep their e-stores. The articles I read did not say either way.

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JRoz -- DriveSmart 55 & Traffic

Voice alert

So what kind of voice alert should we have? I can think of a few.

"So called liquidation sale ahead."

"Would you like a TV with that?"

"Here lies a corpse of the capitalism."

"Yes, it has been a tough economy."

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nüvi 750 & 760

What about...

"Another empty big box ahead"

Their closeout deals a joke!

As reported on TV, CC turned the store closing over to a liquidator who promptly raised prices on items. I went into the nearby store hear twice after the started the closeout and saw nothing so cheap as to compel me to buy it immediately. The signs advertised 20%-80% off but of course, nearly everything you are interested in was just 20% off.

It was a joke!

Joke alright

DuaneC60 wrote:

As reported on TV, CC turned the store closing over to a liquidator who promptly raised prices on items. I went into the nearby store hear twice after the started the closeout and saw nothing so cheap as to compel me to buy it immediately. The signs advertised 20%-80% off but of course, nearly everything you are interested in was just 20% off.

It was a joke!

Joke is right. Maybe one single item is 80% off, the rest is 20% off and more expensive than regular priced anyway. You usually could get stuff cheaper when sales were ran....

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If you dont know where you're going, any road will get you there!!

NBC show on "liquidators"

DuaneC60 wrote:

As reported on TV, CC turned the store closing over to a liquidator who promptly raised prices on items. I went into the nearby store hear twice after the started the closeout and saw nothing so cheap as to compel me to buy it immediately. The signs advertised 20%-80% off but of course, nearly everything you are interested in was just 20% off.

It was a joke!

NBC did a show on this scam. The show had CC and another chain that the liquidators had handled. In both cases, they came in, raised all prices to MSRP and in some cases ABOVE MSRP, then took their 20% off, etc. The TV show had logged prices before and after the liquidators and with almost everything in the store, the liquidator's "close-out" pricing was higher than the regular store price before the bankruptcy. They are relying on the stupidity of the general public to believe they are getting a bargain without actually comparing prices before/after or against other competing retailers.

Linen N Things

Was probably the other store. We went in back in november and couldn't believe what they were asking for some things. Of course the fact that some staff were too lazy to remove the old price tags before the mark up / mark down didn't help either. Never went back for the last days either...

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Garmin StreetPilot c580 & Nuvi 760 - Member 32160 - Traveling in Kansas

no deals

BB & CC are too $$$, so search else where -- don't expect any good deals.

Yup - LnT was the other store

dkeane wrote:

Was probably the other store. We went in back in november and couldn't believe what they were asking for some things. Of course the fact that some staff were too lazy to remove the old price tags before the mark up / mark down didn't help either. Never went back for the last days either...

Linens n Things was the other store, and the TV people peeled off the "close-out" price tags that had been stuck on top of the regular pre-bankruptcy price tags, and the prices on almost everything was HIGHER. With CC, they went into a couple of the stores that were closing and being liquidated and then compared the pricing to the other CC stores that were not closing. Again, the close-out prices in the closing stores were actually higher.

Circuit City

Although most people will probably disagree, I for one am sorry to see Circuit City closing down.

Although I haven't been to one in many years, the local store that I used to live near and go to had helpful sales people, low prices, and good customer service.

I just never cared for Best Buy as much, although I'm not exactly sure why.

Best Buy lost a lot of competition with CC closing. Hopefully competition from stores like Walmart and online stores will help keep their prices down.

Liquidate = Jack up the

Liquidate = Jack up the prices!

I guess this is one poi

I won't have to maintain any longer.... shock

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It is terrible to speak well and be wrong. -Sophocles snɥɔnıɥdoɐ aka ʎɹɐƃ

Customer Service

grush wrote:

Although most people will probably disagree, I for one am sorry to see Circuit City closing down.

Although I haven't been to one in many years, the local store that I used to live near and go to had helpful sales people, low prices, and good customer service.

I just never cared for Best Buy as much, although I'm not exactly sure why.

Best Buy lost a lot of competition with CC closing. Hopefully competition from stores like Walmart and online stores will help keep their prices down.

Up until a few years ago, I had no problems with CC or BB. When the economy started getting tough, CC let go most of their seasoned employees as a cost cutting measure and customer service went downhill. I have walked out of CC stores lately because lack of service.

Lazy?

dkeane wrote:

Was probably the other store. We went in back in november and couldn't believe what they were asking for some things. Of course the fact that some staff were too lazy to remove the old price tags before the mark up / mark down didn't help either. Never went back for the last days either...

You're just a regular Frederick Herzberg.

Hourly employees, working at or near minimum wage, with no health benefits, no chance of retirement or advancement, while working for a defunct company to which they will probably have to file a creditor's claim to receive even a portion of their last pay-check...but, yes, I am sure your keen observations are correct. It must have been just laziness on their part.

It, too, is beyond me how lazy, self-serving creatons like that are even allowed into the US workforce. They just ruin it for the rest of us.

Don't you agree?

Now if Best Buy goes under,

Now if Best Buy goes under, then I'll be happy =)

Lazy -

HawaiianFlyer wrote:
dkeane wrote:

Was probably the other store. We went in back in november and couldn't believe what they were asking for some things. Of course the fact that some staff were too lazy to remove the old price tags before the mark up / mark down didn't help either. Never went back for the last days either...

You're just a regular Frederick Herzberg.

Hourly employees, working at or near minimum wage, with no health benefits, no chance of retirement or advancement, while working for a defunct company to which they will probably have to file a creditor's claim to receive even a portion of their last pay-check...but, yes, I am sure your keen observations are correct. It must have been just laziness on their part.

It, too, is beyond me how lazy, self-serving creatons like that are even allowed into the US workforce. They just ruin it for the rest of us.

Don't you agree?

Ok - maybe they were not lazy - but I don't think that it was the regular LnT employees working there anymore. Was it the managers/liquidation company - I don't know. But it is bad if you are trying to sell a product on clearance that is above the old price. I did not remove anything, but the new prices did not cover up the old ones on the tag.

As a field service installing technician those small details are what a customer sees and influence if they choose to continue to do business with a company. I see way to many shortcuts in the field.

Daniel

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Garmin StreetPilot c580 & Nuvi 760 - Member 32160 - Traveling in Kansas

Daniel is a Cheap-skate

Perhaps in your “Invasion of the Body Snatchers” scenario it was actually the regular LnT employees (before they were replaced) who chose not to cover-up the old price tags in a last, selfless attempt to warn you that you were about to be swindled. If that is what happened, then I believe you owe those regular LnT employees an apology and debt of gratitude...So, what is it?

I just want to get one thing strait though, Daniel. You say one of the factors that influenced your decision to not go back to LnT was because the old, pre-liquidation, price tags were showing. If so, then it is fair to say; you did not return to LnT because you had an un-met expectation of finding merchandise at prices BELOW that which already had shown to be unsustainable for the business. Is that correct? Man, you do drive a hard bargain! It would seem no price is too low for you.

You mention you “see way to [SIC] many shortcuts in the field”. Well, I see one too, and you are cutting it. It takes a lot of hubris for a man to expect prices below that required to manufacture, distribute and sell a product. But, to complain, as if it were a right to waltz in to a business and buy products below cost - and then malign the employees when you don't get such a price - is galling.

At best you have an over active set of expectations - at worst you're disdainful and err towards selfishness when your own shortcuts (to unreasonable prices) short circuit.

I think you have the wrong idea

My reason for not going back was that they inflated the price more than double what I could buy it somewhere else. It was also marked in the store "clearance" and "Sale - everything must go." Why should I choose and pay more for it just because it says clearance or sale? I was not looking to get something for nothing - but had two weddings we were looking to get gifts for. We bought them at a different store.

My point on being lazy, or hurried was that people could see that prices were clearly marked up, and no one was buying anything. A better business plan would have been to remove the old tags so that customers could not have seen what they were charging previously. I do not know who had the plan or ordered things relabeled.

My comments probably could have been better worded, and I apologize if I offended you or anyone else. My comments about what I see in the field are people that don't take the extra time to do the job right. An example of something that I saw recently was someone didn't run electricity in conduit for a commercial building in the walls (no one can see it and it is faster). For the LnT store, I thought that if the old prices were removed or covered they would have had more sales.

I know full well about not being able make a living with a business. I worked on the family farm, and always dreamed of doing it my whole life. But I chose to leave because I couldn't support a family.

Daniel

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Garmin StreetPilot c580 & Nuvi 760 - Member 32160 - Traveling in Kansas

Same ol same ol..

johnc wrote:

NBC did a show on this scam. The show had CC and another chain that the liquidators had handled. In both cases, they came in, raised all prices to MSRP and in some cases ABOVE MSRP, then took their 20% off, etc.

Totally not a surprise. I've seen plenty of stores go that way: CompUSA, Best Buy, Circuit City, they all do the same thing. I wonder, do they actually make any money at this sneaky game? Is it some deal where they can write it all off as a loss?

Daniel - Mayor, Pottersville

First, I do not believe you when you say "My reason for not going back was that they inflated the price more than double what I could buy it somewhere else." I think you are lying.

Second, you write you don't like "people that don't take the extra time to do the job right". You even explain how you would have gone about the job of switching the price tags - the right way!

If the LnT employees had taken the time "to do the job right" you would have been ignorant to the whole thing. So, you are resentful of the "lazy or hurried" LnT employees for not not doing a better job of keeping you in the dark and ignorant...? Talk about your shortcuts...

Word to the wise...when you go sniffing around corpses (of dead companies) don't go complaining that you don't smell the roses you were expecting.

Back-peddle and throw-up all the displacements you want - like everyone else - you act like Henry F. Potter: everyone's problems are ultimately through faults of their own, and it is all for your own benefit and delight.

Good luck with that...

We have an expectation to find what is advertised

HawaiianFlyer wrote:

...you had an un-met expectation of finding merchandise at prices BELOW that which already had shown to be unsustainable for the business.

This is a business that has ALREADY closed and handed over the reigns to a liquidation company who will then use the proceeds to then pay their own fees and then the remaining creditors. Sustainable profit is not a part of this equation.

What he and I are commenting on is the false advertising that claimed discounts were being given, when in fact they were not.

Didn't find much of a discounts

Went to one yesterday ...

DVD/CDs = 20% off
Rest = 10% off

Sale Ad

The ad I saw for Circuit City said that closeout prices will generally be higher than previous sale prices. At least they are honest about raising prices.

Daniel - Mayor, Pottersville

HawaiianFlyer wrote:

First, I do not believe you when you say "My reason for not going back was that they inflated the price more than double what I could buy it somewhere else." I think you are lying.

Second, you write you don't like "people that don't take the extra time to do the job right". You even explain how you would have gone about the job of switching the price tags - the right way!

If the LnT employees had taken the time "to do the job right" you would have been ignorant to the whole thing. So, you are resentful of the "lazy or hurried" LnT employees for not not doing a better job of keeping you in the dark and ignorant...? Talk about your shortcuts...

Word to the wise...when you go sniffing around corpses (of dead companies) don't go complaining that you don't smell the roses you were expecting.

Back-peddle and throw-up all the displacements you want - like everyone else - you act like Henry F. Potter: everyone's problems are ultimately through faults of their own, and it is all for your own benefit and delight.

Good luck with that...

I am not sure who made you lord and master, but I think you owe Daniel an appolage. You are way to criticul of his comments when you have no ideal of what his real thoughts are espicaly when you don't know him personaly. shock

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johnm405 660 & MSS&T

Stupidy In Action

johnc wrote:
DuaneC60 wrote:

As reported on TV, CC turned the store closing over to a liquidator who promptly raised prices on items. I went into the nearby store hear twice after the started the closeout and saw nothing so cheap as to compel me to buy it immediately. The signs advertised 20%-80% off but of course, nearly everything you are interested in was just 20% off.

It was a joke!

NBC did a show on this scam. The show had CC and another chain that the liquidators had handled. In both cases, they came in, raised all prices to MSRP and in some cases ABOVE MSRP, then took their 20% off, etc. The TV show had logged prices before and after the liquidators and with almost everything in the store, the liquidator's "close-out" pricing was higher than the regular store price before the bankruptcy. They are relying on the stupidity of the general public to believe they are getting a bargain without actually comparing prices before/after or against other competing retailers.

My son and I stopped by CC yesterday. People were buying TV's that were at MSRP or higher thinking they were getting a wonderful deal! These people see a sign that says 20% off and they go nuts.

Prices

phigan wrote:
johnc wrote:

NBC did a show on this scam. The show had CC and another chain that the liquidators had handled. In both cases, they came in, raised all prices to MSRP and in some cases ABOVE MSRP, then took their 20% off, etc.

Totally not a surprise. I've seen plenty of stores go that way: CompUSA, Best Buy, Circuit City, they all do the same thing. I wonder, do they actually make any money at this sneaky game? Is it some deal where they can write it all off as a loss?

Don't they realize that people aren't stupid, and that most people have access to the Web to check prices?

Over the line

HawaiianFlyer wrote:

First, I do not believe you when you say "My reason for not going back was that they inflated the price more than double what I could buy it somewhere else." I think you are lying.

Good luck with that...

Good luck with staying around here if you continue to call other members liars.
Not nice and totally uncalled for.

My vote: Tone it down or leave.

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Magellan Maestro 4250// MIO C310X

Checked 2 Circuit Cities

I was in Louisianna over the weekend and checked a Circuit City on Saturday. Not many people buying things. I was looking for a new laptop, but theirs were about $300 more than a comparable one I was looking at at Staples and Best Buy, even after the 10% closeout discount. Checked another store at lunch today in Dallas and it was the same way.

Unless you are looking for a CD, I didn't see any bargains yet.

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I plan to live forever. So far, so good.

Out with the old

With Circuit City closing I see a lot of the South East markets filling the void with Hhgregg. Hhgregg also has better prices.

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Garmin DriveSmart 61

Circuit City to liquidate US Stores

Interesting. I live in the Minneapolis Saint Paul Metro area of Minnesota and we don't have them here. We also don't have Fry's and they sound like they are popular in many areas.

I have read that Circuit city was the second largest electronics retailer in the US, after Best Buy. Does anybody know who is third. Or perhaps I should say who is moving up from third to second? It may be a department store, but I am wondering who the next biggest primarily electronics dealer is.

Third to second

Jim1348 wrote:

I am wondering who the next biggest primarily electronics dealer is.

I wouldn't be surprised if it's Walmart. I hear both CC and BB have had price pressure from the retail giant.

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nüvi 750 & 760

Sign of the Times

It seems like a lot of consumers are buying tech online rather than going to the local electronics store. I've been guilty of it myself. I got my 760 from Amazon when it was $150 cheaper than any other retailer. I have spent a fair amount of scratch in Fry's Electronics though. That place is like crack to a techie even though it has no ambiance to speak of. They sure don't waste money on commercials or big advertising campaigns. Hopefully, we'll get to enjoy the hours of wandering through their warehouses for awhile longer.

...Every Last word.

I standby every word I have written.

If that makes me “lord and master” then so be it. Almost 3-days have elapsed, and 'Daniel' has posted nothing to substantiate the claim he made... “they [LnT] inflated prices more than double what I could buy it somewhere else [SIC]”. As a matter of fact in that time he has not posted anything, defending that claim, himself or otherwise. (Odd, don't you think, given this is a post he originally began and the quickness he responded to other previous posts?)

I call them like I see them...Daniel was lying. If you show me some proof that prices were “more than double” I will retract my statements. Until then you can suffer my P.O.V.

I'll tell you what else I see. I see a bunch of people whipping themselves into a frenzy boo-hooing and whining that they can not get their toys too cheaply. And when a few don't get it cheap enough they begin malign and deride the poor “lazy” employees who just got thrown out of their own jobs.

When someone actually calls you on these things you say HE is out of line?! The only attitude here is your own – of which you seem quite desperate to remain ignorant. (My guess is if you knew what your attitude was really like you would loose your ability to continue complaining.)

By-the-way, johnm405, you misspelled “apology” and “critical”; if that is what actually you meant. Since I don't know you personally or presume to know your real thoughts, have you divined a new way of spelling these words, or do I owe you an apology, too?

Or Maybe

HawaiianFlyer wrote:

Almost 3-days have elapsed, and 'Daniel' has posted nothing to substantiate the claim he made... “they [LnT] inflated prices more than double what I could buy it somewhere else [SIC]”. As a matter of fact in that time he has not posted anything, defending that claim, himself or otherwise. (Odd, don't you think, given this is a post he originally began and the quickness he responded to other previous posts?)

Or maybe Daniel didn't feel like responding to ... you. Just a thought.

...Every Last word.

You have your right to stand by what you said I do not question that. Before anything else I quess I had better go to CC and by a new laptop as this one can't spell to well. The only thing I meant by my statement is that it's kind of hard to say someone is lying when you weren't there enought about that.

I was not the one that said you were out of line so don't mix two threads together with out addressing each comment to who said it.

I agree with one thing you said if people can't get it cheap or for free then they have to complain about it, or the company is ripping them off or providing a bad product. (example wanting free map updates or free parking overnight at WalMart instead of paying for a campground.)

I just think you came on to strong over a comment that we have all seen sometime or another. I also feel sorry about the employes being without a job and they were only doing what management had them do. Enought about this from me not worth getting worked up over. Have a nice evening . neutral

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johnm405 660 & MSS&T

You missed two misspelled words. but whose counting besides you?

HawaiianFlyer wrote:

By-the-way, johnm405, you misspelled “apology” and “critical”; if that is what actually you meant.

"espicaly" & "personaly" but really who cares? rolleyes

Me, I use Firefox so I have spell check... shock

And I still have typos...

Peace wink

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It is terrible to speak well and be wrong. -Sophocles snɥɔnıɥdoɐ aka ʎɹɐƃ

Done

HawaiianFlyer wrote:

I standby every word I have written.

If that makes me “lord and master” then so be it. Almost 3-days have elapsed, and 'Daniel' has posted nothing to substantiate the claim he made... “they [LnT] inflated prices more than double what I could buy it somewhere else [SIC]”. As a matter of fact in that time he has not posted anything, defending that claim, himself or otherwise. (Odd, don't you think, given this is a post he originally began and the quickness he responded to other previous posts?)

I call them like I see them...Daniel was lying. If you show me some proof that prices were “more than double” I will retract my statements. Until then you can suffer my P.O.V.

I'll tell you what else I see. I see a bunch of people whipping themselves into a frenzy boo-hooing and whining that they can not get their toys too cheaply. And when a few don't get it cheap enough they begin malign and deride the poor “lazy” employees who just got thrown out of their own jobs.

When someone actually calls you on these things you say HE is out of line?! The only attitude here is your own – of which you seem quite desperate to remain ignorant. (My guess is if you knew what your attitude was really like you would loose your ability to continue complaining.)

By-the-way, johnm405, you misspelled “apology” and “critical”; if that is what actually you meant. Since I don't know you personally or presume to know your real thoughts, have you divined a new way of spelling these words, or do I owe you an apology, too?

I am not going to argue this with you. Nothing I have said has made you see my position. Did I write all the prices down? No - this was in november - but we only had $20 to spend on gifts. I couldn't buy all we wanted, so we went to bed bath & beyond. We could buy twice the number of towels for the same money and still get a few other kitchen things.

The whole point of bringing the subject up was to warn others that these liquidating companies are raising prices, and if you don't pay attention you might get ripped off. If that makes me cheap liar so be it.

Daniel

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Garmin StreetPilot c580 & Nuvi 760 - Member 32160 - Traveling in Kansas

Kill the messenger!

Or maybe - to use his words - he was too lazy. Just a thought. But, I actually doubt that. I doubt your scenario, too.

In any event it's not really about me, is it?

Don't feel bad, your displacement behavior and projection towards me is a common coping mechanism used when confronted with a reality you just can't - or don't want to - accept. (Ever yell at the wall when you hit your thumb driving a nail? Ever feel it was partially the wall's fault? Same thing...)

The fact is, whether I am a jerk or not does not negate the reality I have presented you with. This thread, and many of those on it, are lending positive reinforcement to cheapness to the point of being destructive.

Let's see...On 01/18 “squeky” wrote “Now if Best Buy goes under, then I'll be happy.” If I am not mistaken, this man is saying that he has no problem with putting thousands of people out of work so he can pick-up a few hundred dollars in electronic equipment. Now, “squeky” can come on here and back-peddle and displace all he wants (ala Daniel), or he can call me a jerk (ala 'gadgetguy2008'), but I am very confidant I got the flavor of all their remarks.

On 01/16 “johnc” wrote “They are relying on the stupidity of the general public...” All I can do here is remind “johnc” that unless he is part of the Men in Black squad he IS the general public.

Should I go on...

So sorry you can not differentiate between the message and how it is presented to you.

Thread locked

I have decided to lock this thread and end the discussion.

It is okay to challenge statements or express disagreement with someone else's opinion, but keep the tone positive and polite.

Let's avoid insults, personal attacks, and arguments that degrade into bickering.

Miss POI