Circuit City liquidates over $1B, deeper cuts on the way
February 18th, 2009
According to an announcement today by Great American Group, one of the firms liquidating the remaining Circuit City inventory, over $1 billion of product has been moved in the last month. After the announcement on January 17 that Circuit City would be closing its 567 stores, sales have apparently been brisk on discounted consumer electronics.
While that’s all well and good, deeper discounts and even lower prices are on the way, starting this Thursday, February 19th, and will continue for the next month or so until all inventory is gone. So, for those shoppers who didn’t bite at the “going out of business” prices, maybe now they’ll be able to find some real deals worth their time.
