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Buying a Product in Store Closing is not a Deal, Its Hell

Posted in Global, Society by G on February 25, 2009

At this point of time, I’m still not sure why people are buying things from store closing companies especially (Circuit City, Office Depot (some stores) etc.)

Don’t you guys never think, they are closing because they suck and I already wrote a post about not to buy protection plans, because when a company files bankrupt, they are going to disappear down the line and your protection plan never counts. Whatever you buy is “AS-IS” I call it ______.

Take a look a this post:

http://tech.yahoo.com/blogs/null/124232

Details on the above post follows:

Stories are pouring in from outraged shoppers who thought they could get a great deal on equipment from Circuit City as part of its fire sale liquidation. The problem: Circuit City won’t let you open sealed boxes to inspect merchandise before you take it home — and all sales are final. No returns. No exchanges. That’s not so great if the gear is hopelessly broken.

One Minnesota family spent $1,500 on a 50-inch plasma TV and found the glass shattered once they got it home. The store refused to take back the TV and instead referred the issue to Circuit City headquarters, where no one answered the phone. The family is checking with Panasonic, the manufacturer, to see if it’s covered under warranty.

A similar problem happened to a Boston customer, who paid $1,100 for what turned out to be a totally busted Samsung TV. She got a refund from her credit card company, but only after a local TV station made inquiries on her behalf. Be warned: Consumerist says that getting credit card companies to help you out may be difficult in cases like this where a bankruptcy is involved. (As I understand the specifics of the Circuit City case, normally your credit card company will just “charge back” the merchant in question, but in this case the merchant is going out of business and has federal bankruptcy protection during the process.)

It’s not just big ticket items that can be dead on arrival. Consider this $7.50 “bargain” video game purchased from a Circuit City store, which appears to have been chewed up by a robot.

No doubt there are still some good deals to be found in these liquidating stores, but remember that, now more than ever, “buyer beware” is the rule of the day.

Even after reading this, you still want to go to Circuit City or a store closing, its like you step over a _____ after knowing its a ______.

If you have the urge to see things in store closing, please forget your credit card delibrately in your wallet and go to the stores, most of them call it as window shopping.

One Response

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  1. Mike said, on March 2, 2009 at 2:37 pm

    Just passing by.Btw, you website have great content!

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