10-K: BIDZ.COM, INC.MarketWatch (press release)A key to our success has been our ability to efficiently and cost effectively source closeout and regular jewelry merchandise, and rapidly respond to changing consumer demands for certain jewelry. We offer our products through a continuous live format, …
More: continued here
Cedar City Big Lots set to open FridayDesert Valley Times, UT… items typically sell for 20 to 40 percent less than discount stores and up to 70 percent below traditional retailers. The store is built on offering bargain-priced basics and seasonal merchandise along with closeout specials on brand name products.
More: continued here
Law sets limits on closing-out sales and advertisingTulsa World, OKAds featuring discount prices must specify that the prices are discounted from the "regular sales prices" at which the merchandise was offered at the sale location at least 60 days before the sale. The close-out sale must be held at the licensee's …Truth required in 'quitting business'Tulsa […]
Final days for Circuit City, downtown LA Macy'sLos Angeles Times, CARemaining merchandise is going for deep discounts as the electronics chain and the department store at 7+Fig prepare to close down. By Andrea Chang Closeout sales are reaching their final days at Circuit City locations and the Macy's store in the 7+Fig …
More: continued here […]
CNET News
Beware Circuit City closeout deals: No refunds on broken gearYahoo! Tech, CAThe 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 $1500 on […]
Local liquidation sales reach final daysLos Angeles Times, CACloseout sales are reaching their final days at Circuit City locations and the Macy's store in the 7+Fig shopping center in downtown Los Angeles. Few items remained at the Circuit City in Hollywood today, where huge posters announcing "everything must …
More: continued here
What do the JackHammers, Redbirds & Fighting Irish have in common?OurSports Central (press release), WIJammer will be on hand for the kids and the ProShop will be open with a CLOSE-OUT SALE on last year's merchandise. "The JackHammers are very honored and excited to host this game between ISU and Notre Dame," said Kelly […]
10-K: OVERSTOCK.COM, INCMarketWatch (press release)Closeout merchandise is typically available in inconsistent quantities and often is only available to consumers after it has been purchased and resold by disparate liquidation wholesalers. We believe that the traditional liquidation market is therefore …
More: continued here
Customers Burned In Circuit City Closeout SaleBoston Channel.com, USAThere are plenty of signs in the store that say "Final Sales" but nowhere does it say the merchandise may be defective. Team 5 Investigates discovered that while consumers are warned about final sales, they have no way of knowing if what they're buying …
More: […]
Dream for Brandeis fadesLexington Clipper Herald, NEReturning customers would find nothing new in the small store and eventually stopped coming, which made it harder to buy new merchandise, and so on. Although it's too late to save the store, DeRozza said old customers have come back for the close-out…
More: continued here