Quick Jump Daily Digest

Thank you for your interest in the Quick Jump Daily Digest. Get notified of all new content on QJ in our free Daily Digest. To subscribe, enter your email address below and click the subscribe button.


Email Address:


Email will come from "donotreply@caputomedia.com". Please whitelist this email address.

Cancel and Return to page

Circuit City for sale

Posted Jan 9, 2009 at 9:30AM EST by QJ Staff

Listed in: News Tags: Circuit City
Ó

Circuit City Is Now Up For Grabs! - Image 1Circuit City sale! Literally. The entire business is now officially for sale - name, brand, logo, superstores, parking lots, the works.

The news isn't surprising, considering that the company filed for bankruptcy last November, citing a US$ 320 million loss.

According to a source of Loot Ninja, if the business isn't sold by January 16, everything will be up for liquidation, and that means.... time to go shopping! Everything will be dirt cheap, and maybe you can finally bag that PlayStation 3 without going bankrupt yourself.



Related Articles:


Via Loot Ninja



100% of voters think this story ROCKS!
Vote Now!    This story ROCKS! (1) This story SUCKS!! (0)




Become a Member of QJ.Net!

If you want your comments to go live without waiting for moderation, you need to be logged in. Being logged in has its benefits:
  • Logged in members do not wait for their comments to be approved.
  • Logged in members can sign up for nightly updates.
  • Logged in members can create Profiles to be seen by other users.
So why wait? Create an account or login now! It's easy, quick, and free.

To get started, use the LOGIN boxes, or the REGISTER link at the top right!

Comments 


 
# so do wey2bangali 2009-01-09 10:52
start getting those cheap prices now or after the 16th?

Reply
 

 
# .p0op 2009-01-09 10:57
There goes my job.

Reply
 

 
# soStingBlah 2009-01-09 11:09
the billion dollar company must be bought within 7 days? Hahahaha impossible!

Reply
 

 
# SALESDannyDanger 2009-01-09 11:20
The close-out prices will make up for their lame Black Friday deals.

Reply
 

 
# WTF!?!?!?!?!ISOHaven 2009-01-09 11:39
There is no source. Yaris Gutierrez has some explaining to do.



Also, don't expect a major liquidation when the time comes. After all, the banks still want what is due them.

Reply
 

 
# Don't get sucked in...MMMMMike 2009-01-09 11:41
I have watched several very large retail chains go out of business. Don't expect the prices to drop on current merchandise right away and if they do reduce, they'll start low, very low.

If they go out of business, a liquidation company will probably be contacted. Their job, is to get rid of all the stock for the most cash.

For the first week, big signs that say upto 50% off Liquidation. Nothing current will be on sale. The week after that the signs show 5-75% off. Your PS3 might be 5% off. The first generation Sony Nano cases will be 75% off.

After a couple weeks they'll make the sale 10-90% off. They found some clock radios out back that are also a can opener... 90% off. 10% off Video Games.

After a few more weeks, when most everything is picked over, 50-95% off. Expired batteries are now 95% off. Mario Bros 3 for Gameboy is now 50% off it's original price of .99. Some gramma buys that for the grandkids 'cause it's got Mario on the front.

People get sucked in thinking they'll be getting Nintendo DSs for or Xbox 360 for . It's unrealistic to expect huge discounts.

Reply
 

 
# Liquidate!potat4o 2009-01-09 12:05
PLZ

kthx

Reply
 

 
# ^_^m3rox 2009-01-09 12:10
Since they're going out of business... on their final day of business, just before they close, if someone does a little shoplifting, would they care?

Reply
 

 
# .papakep 2009-01-09 13:17
god will care

Reply
 

 
# re: GodFreePlay 2009-01-09 13:24
In other words, nobody will care.

Reply
 

 
# ...Justingraziano 2009-01-09 13:34
Maybe Microsoft will buy it, but then they will probably burn the stock of PS3's and Apple iPods.

Reply
 

 
# Liesbaronmotorsports 2009-01-09 13:40
I recently talked to my store manager we still hang out and he was informed that there is a potential buyer, he has no clue as of yet and there will be no drastic drop in prices because as stated above the bank wants their share back.

Reply
 

 
# agreeBinary 2009-01-09 16:13
my cusin is a store manager. he would let me know whats cheap and etc all the time. He said the same thing. So dont get your hopes up.

Reply
 

 
# LOLov3rkill 2009-01-09 17:17
ROFL.. maybe >_< X_x

Reply
 

 
# Only decent sale I've been toMaster Chef 2009-01-09 17:46
An F.Y.E music store where I live in WA is liquidating everything, and literally everything in the store is half off sticker price. Probably gonna jump to 75% off in the next few days, if it hasn't already, I haven't checked. So great deals on music and movies, but that's the only decent liquidation sale I've been to.

Reply
 

 
# ..JaXeRiR 2009-01-10 03:18
EPIC!



ROLFMAO xD

Reply
 

 
# ...TheLastGuitarHero 2009-01-10 09:22
Yes I hope the economy gets worse so you can have your sale. Even your caturday talk couldnt make you look funny this time.

Reply
 

 
# ...potat4o 2009-01-10 14:38
The dwindling economy brings a lot of hardships and challenges. However, you need to learn how to take advantage of such times. Sure, I could take it seriously, but the economy will not get any better for it.

Reply
 

 
# Wellplaton 2009-01-10 20:15
I could buy that instead of a wii... lol.

Reply
 

 
# thencore2kid18 2009-01-13 11:07
you'll have all the wiis that you want!

Reply
 

 
# Actually...Project D 2009-01-15 22:13
The liquidation prices will go rock bottom, if the liquidated stores are any indictation. Problem is, anything like that Playstation 3 the writer cited will be gone with a quickness, long before the prices go rock bottom.

Reply
 

 
# Ah, the memoriesProject D 2009-01-15 22:17
It'd actually be slower than that, like 10 - 30, 20 - 40, etc. I've worked with the company that liquidated the first round of Circuit City stores that closed when they liquidated The Sharper Image locations. Let me tell you, our store was RAPED of most of the good stuff by the time prices got around 50%, and *all* the truly good stuff by 70%.

Reply
 

Add comment

Security code
Refresh


Welcome to QJ.Net!

If you want your comments to go live without waiting for moderation, you need to be logged in. Being logged in has its benefits:
  • Logged in members do not wait for their comments to be approved.
  • Logged in members can create Profiles to be seen by other users.
So why wait? Create an account or login now! It's easy, quick, and free.

To get started, use the LOGIN boxes, or the REGISTER link below!



Want to learn more about the team who brings you the QJ news?

Read about them now!


RSS Feeds Follow us on Twitter Find us on Facebook
Login:

HOT FLASH GAMES

Monster Truck Jumper

Left to Die

The Empire 2

Dark Dimension

Town Drift Competition

Heroes of the Sword