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Circuit City Gone Mad?
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<blockquote data-quote="gunz4me" data-source="post: 5229733" data-attributes="member: 596464"><p>This has been discussed ad nauseam. Normally when a major chain store goes bankrupt, a liquidation company usually purchases their assets. The liquidation company has free reign to do whatever it takes to sell off the remaining inventory for, get this, maximum profit! So they mark the items up to MSRP and say 20% off one week, 30% off a little later down the line, and so on....</p><p></p><p>This is why you almost always see a store closing sale with a significant price increase over the pre "going out of business" prices.</p><p></p><p>Lastly, I will leave you with two general facts about most stores: They usually tend to do the most sales during their (1) grand opening period AND (2) their going out of business period!</p></blockquote><p></p>
[QUOTE="gunz4me, post: 5229733, member: 596464"] This has been discussed ad nauseam. Normally when a major chain store goes bankrupt, a liquidation company usually purchases their assets. The liquidation company has free reign to do whatever it takes to sell off the remaining inventory for, get this, maximum profit! So they mark the items up to MSRP and say 20% off one week, 30% off a little later down the line, and so on.... This is why you almost always see a store closing sale with a significant price increase over the pre "going out of business" prices. Lastly, I will leave you with two general facts about most stores: They usually tend to do the most sales during their (1) grand opening period AND (2) their going out of business period! [/QUOTE]
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