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HHGregg Going-Out-Of-Business Sale Starts tomorrow

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Joined Aug 2011
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> bubble2 1,157 Posts
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Thulack
04-07-2017 at 07:26 PM.
04-07-2017 at 07:26 PM.
Probably be like Sports Authority. Everything even the 75% off stuff was still cheaper from other places online.
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Joined Dec 2006
L7: Teacher
> bubble2 2,331 Posts
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harry318
04-07-2017 at 07:30 PM.
04-07-2017 at 07:30 PM.
My local store had a sign 2-3 days back....the store looked empty from outside....sure it starts only tomorrow?
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Joined Mar 2013
L2: Beginner
> bubble2 57 Posts
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Original Poster
BrandonM8489
04-07-2017 at 07:35 PM.
04-07-2017 at 07:35 PM.
Quote from harish7447 :
My local store had a sign 2-3 days back....the store looked empty from outside....sure it starts only tomorrow?
According to Fortune/Indy Star that's what it said.


http://www.indystar.com/story/mon...100183284/
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Joined Dec 2013
L5: Journeyman
> bubble2 925 Posts
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Cincycaddy
04-07-2017 at 07:35 PM.
04-07-2017 at 07:35 PM.
88 stores were closing. They announced today ALL 220 locations will be closing.
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Joined Jun 2006
L10: Grand Master
> bubble2 10,499 Posts
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kwadguy
04-07-2017 at 07:38 PM.
04-07-2017 at 07:38 PM.
Quote from BrandonM8489 :
HHGregg Going-Out-Of-Business Sale Starts tomorrow
I'm amazed there are still people gullible enough to think these going out of business sales are going to offer deals.

Here's how they work:

Merchandise in all stores is sold, in place, to a third party liquidation firm (this has already happened).

The liquidation firm is well funded and has this down to a science. They are not desperate and they are there to eek every penny they can out of the carcass.

The liquidator will usually bring in merchandise that never sold in the stores before. They may also remove high value easily salable merchandise before the sale, or before the discounts become large.

All merchandise will be marked up to full retail. Everything--including stuff that NEVER sold at full retail in the past.

Then they "mark down" everything in the store from X to Y%. Initially the values will be something like 10-30 or 10-40%. The higher value will be for specific types of less desirable merchandise that NEVER sells for anything close to full retail. The lower number will apply to desirable merchandise.

Each week or so, they will increase the discounts. But by the time the discounts are substantial and offer a real deal, little of value will be left.

The suckers will flock in on the first days of the sale, post the sale on Slickdeals, etc. You don't need to be a sucker.
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Joined Nov 2007
L10: Grand Master
> bubble2 6,917 Posts
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richardbb85
04-07-2017 at 07:39 PM.
04-07-2017 at 07:39 PM.
sales started few weeks ago at my local stores, it's almost empty inside
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Joined May 2006
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> bubble2 1,064 Posts
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dizzle
04-07-2017 at 07:40 PM.
04-07-2017 at 07:40 PM.
Maybe we'll get the Bose QC35's for $149 again LMAO
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Joined Mar 2007
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> bubble2 4,780 Posts
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aznsniper911
04-07-2017 at 07:44 PM.
04-07-2017 at 07:44 PM.
Not surprised they are going belly up. Their entire system was horrible when I was ordering clearance klipsch surround speaker.
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Joined Aug 2011
L9: Master
> bubble2 4,464 Posts
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Follywood
04-07-2017 at 07:52 PM.
04-07-2017 at 07:52 PM.
Their name and logo is horrible!
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Joined Jun 2010
L10: Grand Master
> bubble2 7,189 Posts
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dep411
04-07-2017 at 07:59 PM.
04-07-2017 at 07:59 PM.
Quote from dizzle :
Maybe we'll get the Bose QC35's for $149 again LMAO

I member bose for 149
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Joined Jun 2016
L3: Novice
> bubble2 118 Posts
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o121
04-07-2017 at 08:03 PM.
04-07-2017 at 08:03 PM.
one on Toughy/Niles is pretty much closed. Went in today and 99.5% of store empty.
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Joined Feb 2008
Custom User Title.
> bubble2 38,964 Posts
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User339811
04-07-2017 at 08:12 PM.
04-07-2017 at 08:12 PM.
Quote from Follywood :
Their name and logo is horrible!

ikr..
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Joined Dec 2009
L10: Grand Master
> bubble2 8,369 Posts
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Ashvins
04-07-2017 at 08:21 PM.
04-07-2017 at 08:21 PM.
Agree that going out of business sales (the professionally managed ones, at least) offer little in the way of actual deals. Rank and file shoppers hit these things like crazy and anything that isn't picked off by the time it gets really cheap is just sold as a job lot. Meh.
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