Circuit City pulling out of KCMO and KCK

['Hamas' Jenkins]

I ****ing hate Best Buy. CC isn't great, but at least they aren't the pushy dickbags that the BB salesforce is.

[bowener]

DO you know about the store in Coumbia? Is it probably going to close as well or just the KC area stores?

['Hamas' Jenkins]

Originally Posted by bowener

DO you know about the store in Coumbia? Is it probably going to close as well or just the KC area stores?

Yes. Tell us this.

[bowener]

Originally Posted by 'Hamas' Jenkins

Yes. Tell us this.

Are you mocking me?

I just want to know if I need to drove 125 miles to get a cheap LCD tv or not....

['Hamas' Jenkins]

Originally Posted by bowener

Are you mocking me?

I just want to know if I need to drove 125 miles to get a cheap LCD tv or not....

I live in CoMo, too.

[alanm]

Obama did it.
Had to be the 1st one in.

[DJ's left nut]

Originally Posted by 'Hamas' Jenkins

I live in CoMo, too.

As do I and CoMo chief, quite the contingent.

And Circuit City liquidations are a joke. They actually contract with store liquidators that will jack the prices up, only to reduce them to a 'closeout' price.

When I saw one liquidating in KC earlier this year, they had 'closeout' prices on TVs that were higher than the sale prices at the store in Columbia, which hadn't been contracted out to the liquidators.

These liquidators are shady as hell. I hated CC well before I started seeing this stuff, I've hated them more since.

[Baby Lee]

Originally Posted by DJ's left nut

As do I and CoMo chief, quite the contingent.

And Circuit City liquidations are a joke. They actually contract with store liquidators that will jack the prices up, only to reduce them to a 'closeout' price.

When I saw one liquidating in KC earlier this year, they had 'closeout' prices on TVs that were higher than the sale prices at the store in Columbia, which hadn't been contracted out to the liquidators.

These liquidators are shady as hell. I hated CC well before I started seeing this stuff, I've hated them more since.

That's gonna be the standard now that the internet has facilitated the commoditization of inventory. Whereas they used to have to eventually sell everything, now they have the fallback of being able to jobber their remaining inventory to a healthy store. First noticed it when all those hardware stores went OOB in the mid-90s.

Whats ridiculous is those 'display' items that don't get marked down. I stopped by a Linens'n'Things that was a ghost town, down to selling the displays shelves, and they still had a Cuisinart coffee maker at 40% off!!!!!! only it was beat to heck and the lid of the carafe was missing, and the carafe itself had a dent in it. Still over $100.

[Valiant]

Originally Posted by DJ's left nut

As do I and CoMo chief, quite the contingent.

And Circuit City liquidations are a joke. They actually contract with store liquidators that will jack the prices up, only to reduce them to a 'closeout' price.

When I saw one liquidating in KC earlier this year, they had 'closeout' prices on TVs that were higher than the sale prices at the store in Columbia, which hadn't been contracted out to the liquidators.

These liquidators are shady as hell. I hated CC well before I started seeing this stuff, I've hated them more since.

They raise all the prices to manufacture retail price and then drop it from there.. So stuff that was selling cheaper normally, clearance models, old models, open box models all go back up to original price.

If you want a deal I suggest you hide what you want till the prices drop. There will not be any great deals until the very last weekend the store is open. Because A: It was already bought or B: It was hidden by an associate.

[Mosbonian]

Originally Posted by bowener

DO you know about the store in Coumbia? Is it probably going to close as well or just the KC area stores?

It's a pretty good bet that they will....it's never made money, and it's in a lousy location right next to a crappy Toy's R Us. What's really sad is that they had a chance to steal the old Kmart location from Best Buy had they been a little quicker. As I understand it, when the old Kmart location was closed and the owner was looking to split the location and have 2 stores take up the old space they approached Hobby Lobby and Circuit City. Hobby Lobby jumped at the chance and CC hesitated. That's when Best Buy jumped in and stole it away.

mmaddog
*******

[Valiant]

Originally Posted by bowener

DO you know about the store in Coumbia? Is it probably going to close as well or just the KC area stores?

Just KC market, entire state of Kentucky and 155 stores in total..

Well for now.. I suspect the whole company will go down by next fall.. No way to survive losing that many stores, it is close to 25% of their stores they are closing down right before Christmas..

[Mosbonian]

Originally Posted by Valiant

Well for now.. I suspect the whole company will go down by next fall..No way to survive losing that many stores, it is close to 25% of their stores they are closing down right before Christmas..

If they last that long...

mmaddog
*******

[Valiant]

Originally Posted by mmaddog

If they last that long...

mmaddog
*******

Yeah.. With online stores destroying brick and mortar stores by prices and not having to pay out 90% employees eventually they will all go down.. Big Box stores like Walmart/Target will also destroy them..The only reason they will last until next year is the 6months they will get from the NYSE..

[Mosbonian]

Originally Posted by Valiant

Yeah.. With online stores destroying brick and mortar stores by prices and not having to pay out 90% employees eventually they will all go down.. Big Box stores like Walmart/Target will also destroy them..The only reason they will last until next year is the 6months they will get from the NYSE..

While that may be true in some cases, Circuit City's downfall is all their own doing. Look at their history and you will see a poorly managed company.

mmaddog
*******

[Valiant]

Originally Posted by mmaddog

While that may be true in some cases, Circuit City's downfall is all their own doing. Look at their history and you will see a poorly managed company.

mmaddog
*******

This is true.. Best Buy is getting hurt also right now.. Enough where they did not hire hardly any seasonal help..