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Circuit City Liquidation Sale!!!

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KvP:
There was a This American Life about the Circuit City closings, actually. The reason for the high prices was because when CC filed for bankruptcy, the liquidation companies that took over the stores, instead of instituting sales on existing prices, reverted all prices back to the manufacturer's "suggested retail price" and instituted sales on those prices. And in a lot of cases prices actually went up. In spite of this, CC sales spiked dramatically. It's a humorous phenomenon in consumer culture - we'll pay more for something if we think we're getting a deal.

Trollstormur:
well, the people i saw there looked like morons, and the store was PICKED CLEAN.

sean:
i went  while back to see if i could get cheap headphones. they had jack shit, and it was all expensive.

fkkkkkkkkk you consumerism.

Nodaisho:
Yeah, most of the stuff I saw was either still as expensive as other stores, or not even on sale. And this is why they are out of business.

KvP:
Actually they went out of business because they laid off all their experienced staff not long ago because they were too expensive, leaving newbs in charge of all the departments where experience really matters.

And it's been said, but Circuit City was always better than Best Buy w/r/t hardware, more or less. I know their selection of mp3 players was much much more robust than BB's. And their warranties were a lot better as well. They just didn't have good software selection, which meant that most people didn't see the point of the place.

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