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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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