Here we go. Circuit City announced on Friday Jan 16th that they will be Liquidating all merchandise and closing all of the remaining stores.
They have posted the following information in regard to the sales, some of which are to start on Saturday Jan. 17th.
Liquidation Sale dates:
Liquidators will start arriving in our 567 stores across the U.S. over the weekend, and closing sales will start as early as Sat., Jan. 17. Closing sales will run as long as it takes to sell existing inventory, but are expected to wrap up by the end of March. When the liquidation sales are completed, the stores will be closed.
Clearance Sale Pricing:
There will be clearance pricing, but specific discounts are not being announced. All sale prices are at the discretion of the liquidator. Prices are non-negotiable and all adjustments must be approved by the liquidator’s on-site managers.
Gift Cards:
Customers holding Circuit City gift cards may redeem them at full value at our stores during the liquidation sales. Once the stores are closed and the company is out of business, the gift cards will have no value.
Extended Warranties:
Circuit City Advantage Protection Plans (extended warranties) have been backed by third-party independent companies for more than 15 years and as a result, are not impacted by Circuit City’s closing.
Modification to the Return Policy:
Customers can return products they purchased prior to Jan. 16 for a 14-day period for exchange or refunds. All other terms of return policy are in force. When closing sales begin on or around Jan. 17, all sales will be final.
In short, this weekend is the best time to get those electronics you want at below normal pricing. After this weekend you will have to settle for what is left behind. I know of a new TV and home theater sound system that I have been looking at for months that just might be making its way home with me today, of course that is if the price is right.
