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josh1701
March 31, 2007 2:16 PM
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I stopped by the Walnut Street store in Philadelphia on Tuesday and found the same situation. To say I was underwhelmed is an understatement. Unlike the other reports, the selection was limited. Although it's a small store to start with, and that might be part of it, I wonder if they had transferred a lot of stock to their stores that are staying open. Even with the sales prices there was nothing I couldn't get for less elsewhere and, more importantly, be able to return it, too!

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TPK
March 31, 2007 3:09 PM
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[\"NO FURTHER DISCOUNTS.\" ... The salesperson told me to check back next week, when they reduce the prices further.]

Umm... what am I missing here? Why don't stores all over the country just announce they are closing. Lately it seems that they can get much better prices for their merchandise that way, and it sure seems like nobody cares if they routinely lie about the situation.

Reminds me of a shoe store that came to our local mall a few years ago. First day they opened for business, they had huge signs out front reading \"CLEARANCE SALE\"!

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JohnMc
March 31, 2007 3:14 PM
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Well I guess my first observation would be anything that was a 'mover' before the discounting has probably been moved to stores that are surviving. That retains the profit margin for Tweeter. So much of the stuff that is left is, well I won't call it junk, but not making it in the marketplace. And the fact that it is now All Sales Final kinda makes it even less attractive.

I had gone over to a closing CompUsa here in Texas and when I saw the sign inside the store that said sales final I walked right back out. Final sales on things like furniture, ok. But electronics? No way.

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rg
March 31, 2007 4:36 PM
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ooohhh!!! 10-30% off! now THAT'S a sale!!

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Musician78
March 31, 2007 6:31 PM
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That is some sick savings right there. Sick, sick savings.

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xanax25mg
March 31, 2007 6:33 PM
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Hmm, Carey posted this news item, so how come the headline isn't 'Tweeter Sales are SCAMS!!!!\"

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formated4tv
March 31, 2007 6:49 PM
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Going out of business sale!!! This week only, PAY NO SALES TAX!!! It's like we're giving the items away!!!

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saintjohnson
March 31, 2007 6:58 PM
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Yeah, I saw the same signs at the Tweeter here in Chattanooga.
These closeout sales are like a Backwards eBay...the price starts out high and continues to drop until the item is bought.

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Niskyspy
March 31, 2007 7:28 PM
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Yey, my picture was posted :), and like I said the sale is really, really bad so I wouldn't recommend to even step inside the store at least for the next two weeks. I am sure they will lower the prices because from what it looked, nobody was buying much, and don't expect good customer service because there isn't any. I wasn't greeted or asked if I needed help when I walked into the store (for people who don't know Tweeters has atmosphere of something like RadioShack but now without sale persons running toward you and asking why you came).
I'll update on the sale sometime mid next week.

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Rajio
April 1, 2007 12:03 AM
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theres a shop near me which has had a 'going out of business - everything must go' sale now for the past6 years (possibly longer). i guess they're going out of business in the same sylvia plath sece that we're all dying.

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mac-phisto
April 1, 2007 6:52 PM
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@JohnMc: you know, i thought that too, but when i dealt with liquidation of a \"neighborhood electronics store\" that not too long ago nixed a few hundred stores, i found that \"movers\" were still in the store. they just don't restock. in most cases, these highly desired items will clear out at only a minor discount, which costs a company less than moving it to another store.

the only great deals i've ever found at liquidations were display cases & fixtures.

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apeguero
April 2, 2007 2:11 AM
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This stuff reminds me of a store in one of the neighborhoods in Boston a few years back. They had the same \"Out FOR Business\" sign in big red letters with a yellow background for a few weeks. A lot of these businesses know how to attract the uneducated and dumb ones among us who see a big, flashy sign with similar heading and automatically assume that the prices there must be the best deal. Suckers!

I noticed that some items in CompUSA are actually priced slightly higher than they are in nearby Circuit City or Best Buys. I'm sure they're marking up items so that they lose the least after the discount.

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orielbean
April 2, 2007 1:02 PM
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Thank God for market forces closing compusa and tweeter. What a pack of overpriced fools. Hooray internet price comparison and subject matter expert forums that do the thinking for me.

All you need from these brick & mortar companies is a showroom - go in there, find what you like, and buy online from a reputable store.

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mac-phisto
April 2, 2007 2:45 PM
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@apeguero: \"A lot of these businesses know how to attract the uneducated and dumb ones among us who see a big, flashy sign with similar heading and automatically assume that the prices there must be the best deal.\"

HAHA! like best buy! i swear that is the best marketing idea ever. big yellow tags everywhere & a huge sign that says BEST BUY.

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