Wednesday, March 4, 2009

Now’s the time to shop Circuit City

Chris McGinn posted a blog up on Digital Landing. Read about the deals you can still get from bankrupt Circuit City.

Since Circuit City went bankrupt in January, more than 500 of its stores have been selling away–more than $1 billion in inventory. But now, the real deals begin.

Liquidators announced late last week that more price cuts are being made, which means you have a small window of opportunity to get any selection and a good deal. If you wait until the last days, there will be nothing left but what you didn’t want in the first place. To a large extent that is probably already true, but they are just now starting the real wheelin-and-dealin.

The company handling the sale said that more than 272,700 flat screen TVs in all brands and sizes have been sold over the past month, as well as more than 53,800 home theater systems.

Other categories of products that have sold well include: digital cameras (266,600 sold to date), notebook computers (79,100), desktop computers (38,700), computer printers (143,900), camcorders (62,300), GPS devices (92,700) and car audio speakers (88,100).

Circuit City’s distribution centers are now empty so all that is left is what is in stores.

I saw commercials last week advertising 30% off of many items. That number is sure to increase but selection will go down. Also, remember that you are buying from a bankrupt store so don’t expect any customer service although individual manufacturers will likely honor their warranties (be sure to find out before you make a major $$ purchase!)

Happy hunting!

No comments: