Some Circuit City Customers Wonder Where the Savings Are
As liquidation sales are launched at Circuit City locations nationwide, reports from all around the country find customers upside that the promised savings have not materialized.
According to the Los Angeles Times, customers at stores throughout the U.S. have been complaining that promised savings of 30 percent off have been closer to 10 percent on most products, especially big-ticket electronics items. In addition, those prices are percentages of the sales price, as opposed to previous in-store prices.
An executive at one of the liquidators, Great American Group, told the newspaper that "we have to be economical on our discounts," due to commitments to creditors and banks.