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Circut City Sale….. Is It Really Worth the Headache

headacheThe Circuit City liquidation sale is now in full swing, only a few days after the company of 60 years finally declared bankruptcy.  Many items are marked 30% off, such as cables and furniture, while the most desirable items are not offered at such great savings.  Several items such as mp3 players, televisions, home theater design, gaming consoles and computers are only marked down 10%.  While Circuit City has turned over operation management of the remaining 500 plus stores to four liquidation companies, it can be expected the heftiest sale prices will not be revealed until the last minute.

Many of these remaining Circuit City stores are attracting lengthy lines of eager customers to what is supposed to be a grand liquidation sale.  Some of these shoppers are calm and some are as hasty as if the store will vanish into thin air within moments.  It seems that the energy for scooping up the deals comes to a halt once the disappointing reality hits about the actual savings.  According to these shoppers and other consumers who have publicly voiced their opinions, the liquidation is not all it should be and many are glad to see the company go under.  Shoppers know they can receive better deals on electronics from other distributors, retail electronic stores, or from an audio video dealer.

A concern that can be addressed here and now is whether during this liquidation the following will remain valid: extended warranties, gift cards, and the refund/exchange policy.  Extended warranties will be honored due to the fact that they are managed by an outside vendor.  Gift cards can be used as well during the remainder of the sale, but of course, will be invalid once the company stores are all officially closed.  Spend them if you have them.  For any merchandise purchased from January 16 forward, there are no refunds or exchanges allowed, but if purchased prior to this date, the standard 14-day refund/exchange policy applies.

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January 29, 2009 Posted by | Industry News | , , , , , , , , , , , , , , , , , , , , , | Leave a comment