Greg
Kannapolis,#2Consumer Comment
Mon, February 09, 2009
When a company goes out of business a liquidator takes over their inventory. The first thing that liquidator does is put all of the prices back to the manufacturer's suggested retail price. This may be higher than the store's normal retail price and will definitely be higher than any sale price the stores may have had. At the beginning of a liquidation sale the prices are not reduced much. They are trying to get as much return on the inventory as possible. The company is closing and this income is used to pay off as much of their debts as possible. Perhaps you would prefer they gave everything away and all of the people that the company owed money to would just take it as a full loss. Then they would raise their prices to other retailers and they would have to raise their prices to us, the consumer. So I think I would rather they took their gradual markdowns and help to keep our prices the same everywhere else. That is the liquidator's sole purpose. Circuit City is no longer in charge of it's pricing. As soon as they signed the paperwork with the liquidator is was out of their hands. A lot of people have already lost their jobs because they were no longer needed to maintain pricing and inventory. Maybe next time before you complain you will think about the reason behind what you are complaining about.
Sst047
Bixby,#3Consumer Comment
Thu, January 29, 2009
I saw the same kinds of tactics here in Oklahoma too. There were no deals to be had there. It was quite a joke if you honestly think about it. However, there was a line of suckers about 30 people deep waiting to check out as I walked out of there. All they'd have to do is jump on Amazon like you said and see they can save lots of money (and no tax) by waiting a couple of days for shipping!