Comments on: Going Out of Business Sales a Scam or Worthwhile?

By: Jerry

Jerry — Mon, 23 Nov 2009 05:27:04 +0000

Your information is correct about the large chain stores. However, liquidation sales done by liquidation companies for them are totally different.
1. My goal is to get the sale done ASAP. Generally, sales are 1-2 months depending on the inventory level.
2. I never raise the prices in the store. Whatever, the price is when I get there, that is the regular. However, some owners will raise prices before I get there, but I have my ways to find out quickly.
3. We don’t bring in inventory for the sale, but suggest to the owner to order a limited quantity of their best sellers before the sale starts.
4. I suggest to the owner the best course of action, but they have the final say. My goal is to make the most for the owner while giving the best deals possible for the consumers. Many of the owners I have dealt with have run their stores for 30-60 years and that is their retirement.

The best time to find the best deals is the first day of the new prices. If you wait until half off, the best items will be gone, but plenty of bargains especially on out of season merchandise. The last few days of the sale will sell departments or sections at tremendous values. Just like anything else, if you are nice and reasonable to the liquidator, they are more likely to make a deal with you.

By: Charlie@PayLessForFood.com

Charlie@PayLessForFood.com — Wed, 17 Jun 2009 11:54:34 +0000

You may not even get a good deal even near the end of the bankruptcy sale.

Often liquidators will not even sell the merchandise for the super cheap price you’re expecting

Instead they’ll look somewhere else to make a sale where they can still make a significant profit – internet auction sites and foreign countries are prime examples.

Charlie@PayLessForFood.com’s last blog post..How to Eat Healthy, Lose Weight and Save Money at the Same Time

By: Own The Dollar

Own The Dollar — Wed, 17 Jun 2009 11:12:00 +0000

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By: jasus

jasus — Wed, 17 Jun 2009 07:12:49 +0000

Watch out for dollarsdirect its a scam!!!

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By: Ryan P Smith

Ryan P Smith — Thu, 04 Jun 2009 22:01:30 +0000

Darwin, These same company also did the Linens and Things liquidation. At both "sales" the prices were higher than they had been before liquidation started. Bringing my mobile confirmed that most items could be purchased cheaper elsewhere. Another alarming fact is that the liquidation company brings in product just for the liquidation. Taking advantage of the buying frenzy and people assuming that are getting a good deal without researching it. Ryan P Smith’s last blog post..Vanishing Financial Aid Leaves Students in the Lurch