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Circuit City Liquidation: It's On

Circuit City Liquidation: It's On

The road has come to an end for Circuit City. The electronics chain filed for bankruptcy in November of 2008 and is now facing the same fate as Linens 'n Things — liquidation. All merchandise must go in the remaining 567 stores, and unfortunately that means more than 30,000 will likely lose their jobs.

While you may skip to your nearest Circuit City, confident that you'll walk out with the best deal in the world, slow down your step and take a minute to really scope out the prices. When the chain closed some of its stores after it filed for bankruptcy, Good Morning America ran a piece about the liquidation tricks they discovered in one of the closing stores. The show served as an eye-opener to why consumers need to be price aware: They found a Samsung HD TV for $1,799 only available from an opened box, while a still-in-business Circuit City was selling the same brand new TV for $1,599.

If you're planning on venturing to a Circuit City liquidation sale, try and shop with a purpose and research prices before you step into a store.

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aimeeb aimeeb 7 years
Jesus wmoonw, that sucks.
wmoonw wmoonw 7 years
Yeah, we went to check it out . . . everything was marked up so ridiculously high to begin with that their 30% off sales weren't even making their products competitively priced! Big TVs were $2,000 at CC . . . and crossing the street to Sears they were $1000. A lot of people around here were saying that they bought things from CC, brought them home . . . only to find out that their screens were smashed and their electronics were broken; sorry, no refunds. Anyway, I'm not surprised that they're closing permanently, and I'm not going to miss them :P.
jennjennnbubba jennjennnbubba 7 years
idk they were closing :O
sarrah922 sarrah922 7 years
there was a circuit city liquidating everything by my house. beware, theyre advertising the fact that everything is low priced but its not. it seemed as though they raised the prices on all electronics, and said that they were low prices. at a normal cc, you can find a camera for under $120 and a laptop under $600, but after the "30% off liquidation", you could not.
Renees3 Renees3 7 years
i worked for circuit city for a while (met my boyfriend there) and my boyfriend worked there for 5 years. They are a horribly run company and it was only a matter of time before they folded. We went in there yesterday and it was crazy. Really? Getting all worked up over 10% off? and seriously just selling stuff to get rid of it? One guy was buying a VHS to DVD converter thing and while we were in the recordable DVD section he asked us which he should buy. Turns out the device he was buying wouldn't even do what he wanted and the person who helped him either lied or had NO idea what they were talking about. But honestly what do you expect?
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