The retailer told employees that it will shutter 15 Kmart and 48 Sears locations in early September, with liquidation sales starting as soon as June 14.
Might be a good time to pick appliances or tools.
The retailer told employees that it will shutter 15 Kmart and 48 Sears locations in early September, with liquidation sales starting as soon as June 14.
Might be a good time to pick appliances or tools.
In my experience, they raise prices to ridiculous levels and then slowly discount back down to normal sales prices. People who are unaware of these practices usually purchase a large volume of the best stuff from these stores at inflated prices. There certainly will be deals to grab, but it’s a shady practice that really irks me.
You nailed it Adam,
You really have to be on your toes to find actual deals at many of these business liquidations now of days. The big change I’ve seen is the hiring of external firms to lead the liquidation. Do you all remember the Gander Mountain clear out? There were very few actual deals and a external buyer picked up nearly all valuable stock as a single lot purchase for a very large discount, normal retail customers dealt with above market pricing and worse help in the stores. The large savings didn’t show up till the last days and were only on odd sized apparel.
The funniest thing to me were the people that bought the yeti stuff at $5 to $10 under full retail. That brand is so full of their own crap that a $5 sale for them is like a fire sale in the eyes of the public, while near identical products under a different brands are literally half the price.
I’d also expect that some of the good stuff also just get returned to a stocking warehouse as the entire company isn’t going out of business (yet). 10mm sockets aren’t exactly going to go bad sitting in a warehouse, waiting to be shipped to stores that are still operating at a profit.
Ah, but competing brands are unacceptably deficient in a show-stopping way: they’re missing that critical YETI roll mark.
FTFY. Based on my experience with Gander and some other “liquidation” sales I’ve seen, you need to be in the d_amned store every freaking day, at odd hours, to find deals worth bothering with.
https://gastatic.com/blog/wp-content/uploads/2017/05/gander-mountain-meme.jpg
Yeah,
I remember @TBJK getting one or two firearm accessory deals during the shut down. But, seemingly the very next day they had sold everything worth anything off to one buyer.
Yes. At the end there were some great deals … I got a quite a few camo t-shirts
No, but that is the one size I am most likely it misplace as a socket or combo wrench.
You and everyone else on the planet (except those who work exclusively in freedom units).
Lol. Do you remember what I got because I don’t. Lmao.
I’m sure it is on TALK somewhere. I remember, because I went the day after and the store had been purchased out by the bulk buyer.
You mean “Success Units” don’t you? Non-MW use SI.
I can keep going. About time somebody kills this particular running gag. ![]()
And for all their superiority their first time was …