Circuit City liquidation FAIL

Circuit City in Los Angeles, California

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So today I went out for a little bit.
And we decided to drop by Circuit City. I mean, let’s face it, the place never had great deals and was overpriced but I figured there might be a few things that weren’t picked over. I’ll also preface this with the fact that I had just come from their competition Best Buy just looking around.
So it’s supposed to be a liquidation, right? You would expect the stuff to be cheap. At least discounted to the point where it was less than any of their competitors.
Guess what.
It wasn’t. Not by a long shot. I mean, there were a few games and such that were but overall it was a joke. Anyone that stood in line there probably didn’t actually do price comparison at all. We actually took a look at PC games and at Bioshock. It cost $29.99 retail at Circuit City compared to Best Buy‘s price of $19.99. Even with the liquidation price, they couldn’t beat their competitor.
In fact, most things were inflated. I saw an indoor antenna that I probably would have picked up if it was cheap since it had a reverse-SMC connector. But I grabbed my phone to check the liquidation price against it and Amazon had it cheaper yet. I mean, seriously. Are you kidding? This is a liquidation, right?
It was an absolute joke and we laughed as we walked out of the store. Mainly because there were people buying HDTVs and the Sam’s Club right next door had the same for way cheaper.
Caveat emptor.

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  • beth

    Disclaimer- for a few weeks back in 99, I worked at CC in W-S. 🙂
    That said, if you paid attention, there would be deals to be had and I never had a problem with them honoring the price match (match + 10%). Heck, they would even price match themselves. You just had to decide if it was worth your time to shop (and my answer is 99% of the time YES!). I also loved the option to order online and pick it up at the store. Best Buy is alright but I always liked CC better back in the day. However, CC decided to quit selling appliances and then get rid of anyone with a clue– it was over at that point. They didn’t drop their prices and people were smart enough not to pay more for no-service.
    I went by the GSO CC today with Riley- I did get a couple of movies and cases because they just met my bare minimum, but the other items were not marked down at all. 10% is not a great discount especially when it is still cheaper across the street at Costco or up the street at BB or Sams. I just wanted to smack some sense into people- if you WAIT they will drop the price, but if you buy now they have no incentive. Grrr.
    May check again later on for a couple of items that I’m guessing may still be in stock. They did have notes up they are still receiving new stock so *shrug*.
    I’m glad to take advantage of the situation but sad that it has to come to this (for CC and tons of other companies).

  • beth

    Disclaimer- for a few weeks back in 99, I worked at CC in W-S. 🙂
    That said, if you paid attention, there would be deals to be had and I never had a problem with them honoring the price match (match + 10%). Heck, they would even price match themselves. You just had to decide if it was worth your time to shop (and my answer is 99% of the time YES!). I also loved the option to order online and pick it up at the store. Best Buy is alright but I always liked CC better back in the day. However, CC decided to quit selling appliances and then get rid of anyone with a clue– it was over at that point. They didn’t drop their prices and people were smart enough not to pay more for no-service.
    I went by the GSO CC today with Riley- I did get a couple of movies and cases because they just met my bare minimum, but the other items were not marked down at all. 10% is not a great discount especially when it is still cheaper across the street at Costco or up the street at BB or Sams. I just wanted to smack some sense into people- if you WAIT they will drop the price, but if you buy now they have no incentive. Grrr.
    May check again later on for a couple of items that I’m guessing may still be in stock. They did have notes up they are still receiving new stock so *shrug*.
    I’m glad to take advantage of the situation but sad that it has to come to this (for CC and tons of other companies).

  • Same thing happened when CompUSA “liquidated”. I walked in the store, saw the same or slightly inflated prices and left. No way to go out of business if you ask me. I don’t get it.

  • Same thing happened when CompUSA “liquidated”. I walked in the store, saw the same or slightly inflated prices and left. No way to go out of business if you ask me. I don’t get it.

  • No kidding. I mean seriously. If Best Buy doesn’t shape up, they might run the same direction and that would just be sad. I’m okay with slightly inflated pricing due to brick-and-mortar. But seriously. When you can get it online for almost 2/3 the price, it starts getting outrageous. I think BB still has a shot to stick mainly because it’s not crazy all the time. But who knows.

  • No kidding. I mean seriously. If Best Buy doesn’t shape up, they might run the same direction and that would just be sad. I’m okay with slightly inflated pricing due to brick-and-mortar. But seriously. When you can get it online for almost 2/3 the price, it starts getting outrageous. I think BB still has a shot to stick mainly because it’s not crazy all the time. But who knows.