Q. I just saw today that they could not find a buyer for its US stores and that the closing process could start saturday. Does that mean I could go to a circuit city store and try to get an amazing deal on a TV?
A. Buyer Beware:
In the case of Circuit City liquidation here's what is going on: They remove the street price and allow everything to return to MSRP and then they offer 'STORE CLOSING' discount percentages off of MSRP.
MSRP (Manufactures Suggested Retail Price) is always much higher than anyone would normally pay. Retailers like Walmart, Best Buy (and Circuit City before the liquidators came in) have a percentage they will knock off of MSRP everyday, this is called the 'street price'.
All liquidators do this as a trick where they discount off MSRP and so sometimes you will actually pay MORE during store closing sales!!!
A good example of this: I was in the store two days before they they announced store closing.. Using the 46" LCD Samsung LN46A550 as an example. This television has a price tag of $1499 MSRP, four days ago Best Buy and Circuit City had this model for $1299. $1299 is the everyday 'street price' for that set and that's 13% off MSRP.
Well, now that the liquidators have come in to Circuit City. That same television now cost MORE. The liquidator has set the price to 10% off the $1499 MSRP, so it's price is now $1350. $50 more than Best Buy is selling it for right now and $50 more than Circuit City was selling it for a week ago.
Why do they operate this way?
Because they (the Liquidator) want to make as much money as possible... They just paid $0.10-$0.20 on the dollar to purchase all inventory from the bankrupt retailer. They know very well that everyone wants the expensive items and they know some people will buy into their BS 10% off sale. They are counting on a few 'sucker' customers to come in the door during the first part of the 'GOING OUT OF BUSINESS' sale and take them up on the 10% off expensive items. These customers are absolutely getting scammed because they could go down the road to a successful retailer like Best Buy and get 13-15% the same items and also get the benefit of a return policy.
The truth is: during going out of business sales, Good deals can only be had early on a select few items. In the case of Circuit City, their 30% really only applies to the few furniture items they carry. If one of these items appeals to you then there is a good deal to be had.
After a few weeks the liquidator will finally begin going deeper on the high dollar items (like HDTVs and Computers) once they reach 20% or more then their will be good deals to be had, but you can always subtract 10% from whatever discount they are advertising because of they have removed the 'Street price'.
Circuit City's liquidator is actually advertising "Up to 30% off our 'everyday low price'" which is an absolute lie. But who's going to call them on it? They are a liquidator trying to help a battered retailer recoup some money to pay creditors.
In the case of Circuit City liquidation here's what is going on: They remove the street price and allow everything to return to MSRP and then they offer 'STORE CLOSING' discount percentages off of MSRP.
MSRP (Manufactures Suggested Retail Price) is always much higher than anyone would normally pay. Retailers like Walmart, Best Buy (and Circuit City before the liquidators came in) have a percentage they will knock off of MSRP everyday, this is called the 'street price'.
All liquidators do this as a trick where they discount off MSRP and so sometimes you will actually pay MORE during store closing sales!!!
A good example of this: I was in the store two days before they they announced store closing.. Using the 46" LCD Samsung LN46A550 as an example. This television has a price tag of $1499 MSRP, four days ago Best Buy and Circuit City had this model for $1299. $1299 is the everyday 'street price' for that set and that's 13% off MSRP.
Well, now that the liquidators have come in to Circuit City. That same television now cost MORE. The liquidator has set the price to 10% off the $1499 MSRP, so it's price is now $1350. $50 more than Best Buy is selling it for right now and $50 more than Circuit City was selling it for a week ago.
Why do they operate this way?
Because they (the Liquidator) want to make as much money as possible... They just paid $0.10-$0.20 on the dollar to purchase all inventory from the bankrupt retailer. They know very well that everyone wants the expensive items and they know some people will buy into their BS 10% off sale. They are counting on a few 'sucker' customers to come in the door during the first part of the 'GOING OUT OF BUSINESS' sale and take them up on the 10% off expensive items. These customers are absolutely getting scammed because they could go down the road to a successful retailer like Best Buy and get 13-15% the same items and also get the benefit of a return policy.
The truth is: during going out of business sales, Good deals can only be had early on a select few items. In the case of Circuit City, their 30% really only applies to the few furniture items they carry. If one of these items appeals to you then there is a good deal to be had.
After a few weeks the liquidator will finally begin going deeper on the high dollar items (like HDTVs and Computers) once they reach 20% or more then their will be good deals to be had, but you can always subtract 10% from whatever discount they are advertising because of they have removed the 'Street price'.
Circuit City's liquidator is actually advertising "Up to 30% off our 'everyday low price'" which is an absolute lie. But who's going to call them on it? They are a liquidator trying to help a battered retailer recoup some money to pay creditors.
norcal college art students willing to photograph for a model portfolio?
Q. Hello! So I've wanted to get into modeling for the longest time now, and I've finally started to take some action. I know I need to begin by creating a portfolio, which can be totally expensive, especially in today's economy! So, I was wondering if there were any college art students in northern California that are majoring in, say, photography that may need a model to photograph for their portfolio? I kind of thought this would be a win-win situation, so please let me know! Thank you so much!
A. I just got a $949.95 Dell laptop (17 inch) for $137.32 and if you think that's an awesome deal, my neighbor just got a 42 inch HDTV for $76.25 that's being delivered tomorrow to his house. It feels great not to pay high retail like the rest of the people. I am even selling some of the stuff at retail to my co-workers making 10 times my money back. Check out the site we found, go to GoWinBids.com
What's a cheap HDTV that plays blu ray movies through a PS3 to their fullest quality?
Q. I want a TV that plays blu ray movies to their best quality, but priced in the $300-400 range.
A. I would recommend the Dynex™ - 40" Class / 1080p / 60Hz / LCD HDTV because it offers the best picture quality that is 1080p that would bring the best out of your ps3 also it has a very good size at "40" display also it Includes 1 composite (side), 1 component (side), 1 VGA (rear), 1 PC audio (rear), 2 HDMI (1 rear, 1 side) and 1 RF. that is pefect if you want to later on install a sound system or if you want to connect you laptop to your TV. This HDTV is the best deal on the market right now not only does it have the best features it also delivers in customer rating it received a 4.7 out of 5 from customers also it is the best rated tv on the market in this range today. Best of all it is only $399.99 it used to be 450 dollars now its at a very low price. I bought one of these a few months back and it is great I love this Television.
here is the link:
http://www.bestbuy.com/site/Dynex&%23153%3B+-+40%22+Class+/+1080p+/+60Hz+/+LCD+HDTV/1894176.p?id=1218315559764&skuId=1894176&cmp=RMX&ky=1uYuJ6VhbT3hheWN2zh8YGObMq18EQBj2
here is the link:
http://www.bestbuy.com/site/Dynex&%23153%3B+-+40%22+Class+/+1080p+/+60Hz+/+LCD+HDTV/1894176.p?id=1218315559764&skuId=1894176&cmp=RMX&ky=1uYuJ6VhbT3hheWN2zh8YGObMq18EQBj2
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