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No Love Among the Ruins of Circuit City

Kotaku writes:

"A storewide liquidation always summons one's buzzard instinct. One imagines the goods strewn about like carrion on the desert floor, practically there for the taking. Not so at Circuit City.

Circuit City's in a Chapter 7 bankruptcy which means all its assets are being sold off. That includes the in-store stock. But rolling up on the scene of the Circuit City nearest me on Thursday, it's hard to say anything is being priced to move. Thirty percent is the largest discount offered, and that's for electronics and other large items. For video games, it's just 10 percent. I have no idea if this is going to be a progressive thing, and as the sell-off drags on the discounts get steeper."

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