Monday, January 26, 2009

Circuit City Going Out of Business Sale -- Not All That?

BusinessWeek has an interesting piece about the liquidation process surrounding the Circuit City bankruptcy. The short version is that many shoppers are expecting great deals but the reality is that 10-30% off retail is the extent of the discounting, with most major electronics falling at the 10% end of that spectrum. From a consumer perspective, the discounting will ramp up as the weeks pass but on the flip side, the good stuff will be the first to go. And obviously you won't be able to return anything. Caveat emptor, to be sure, but happy shopping if you go!

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