With all of the stores that have announced they are going out of business – such as Circuit City, Linens N’ Things, and more, you might be wondering how you can make sure you get the best prices. The second that a store announces that it’s going out of sale, you start seeing signs like “everything 20% off”…and then as time goes on, that percent goes higher and higher, until right before the store closes when everything is 75% – 90% off.
The question is, are you always getting a good deal when you go to one of these “Going out of business” sales? Well, as I’ve mentioned in previous posts such as my recent post on Circuit City going out of business, you aren’t always getting a great deal. To further prove this, here is a YouTube video where ABC News is at a Linens N’ Things showing how prices have gone HIGHER since the store announced that it’s going out of business. The video is a little under 5 min. long, but I think really goes to show you have to be careful:
Am I saying that you should stay far away from “Going out of business” sales? Of course not. Eventually these stores will lower prices enough that you can get some great bargains. You just need to remember that just because a store says something is “on sale” that it doesn’t mean it’s a great price. Have fun hunting for great bargains though, which can be found!
