Business Ideas, Tips and Hints 

Blog Home | About this Blog  
Subscribe  


Compliance and HR

- Labor Law Posters
- Safety Posters
- Employee Handbook
- Employment Forms
- Payroll Software
- Payroll Services
- Restaurant Posters
- HR Training & Tools
 
Legal and Financial
- Incorporate Online
- Merchant Accounts
- Legal & Business Forms
- Business Loans
 
Productivity & News
- Do-It-Yourself Email
- Free Magazines
- Templates &
  Productivity Tools
- Find Jobs, Find
  Employees
 
Small business and home business ideas and advice on marketing, employees, financing, and start-up.
Ask BKH 
Business Plans
Career 
Franchise Information
Growth & Leadership
Home Business
Human Resources
Internet Business
IRS Resources
Law
Mailing & Shipping
Marketing
Management
Money & Finance
Small Business Blog
Starting a Business
Tips & Hints

Event & Party Planning
Medical Transcription
Secretarial Businesses
Writers & Publishers
Of Thee I Sing
 

Polls
Associations
iPhone Help
More Resources
Online Florist


Welcome
Feedback
Who we are
Site Map

 
 

Previous: Sell Your Invoices for Cash
Next: Save on Electronics You've Already Bought


Not So Hot Bargains

by Janet Attard

If you need furniture, computers, printers, telephones, or office supplies and you're near a Circuit City or Office Depot that is closing, you may be planning to shop for a few year-end, store-closing bargains for your business. If so, be sure you research your purchases before you set foot in the store(s).

The reason: the "closing our doors" prices may be higher than the sale prices of the same or better merchandise at other chain stores. This is particularly true in the early weeks of a store closing, when there is plenty of merchandise in the store to choose from.

I stopped into an Office Depot that's closing in a nearby town, for instance, and was surprised to see that a printer I had seen advertised a week ago for $199 was now selling for $299. There was a store closing discount price, but the discounted price was still much higher than the price of the printer had been the previous week. The same was true with pretty much everything else in the store.

Around the corner at a Circuit City that's closing, I didn't have much better luck. That closing sale had been going on a little longer, and there were bigger discounts, but very little in the way of electronics that I'd need for the office was left. I saw a couple of under-whelming laptops (not much memory in them), and some cameras, but the prices seemed no lower than similar or better products available at other chain stores in the area- chain stores that haven't announced any closings.

Bottom line: If you're thinking about purchasing computers or office equipment and supplies before the end of the year, do your homework. Before you set foot inside a store that's closing, research prices, and, for electronics, make a list of the features you want and need. Do all your comparison shopping ahead of time and bring your list of requirements and comparative prices with you when you do shop a store-closing sale. Doing so will help you find the real bargains and avoid buying goods you could have gotten cheaper elsewhere, or that don't live up to your expectations.

Posted by Janet Attard on December 17, 2008 at 8:44 AM | Comments (2)

Comments

You are right on! I had been buying from Quill almost exclusivly and then began checking other places and found that I can buy ink cartidges for half or more of the cost from Quill at Amazon, and do not have to have $49 for free shipping. I have been shopping online to find how I can cut office supplies with things being so slow in our business. Thanks for the many good tips you give us!

Posted by: Marlene on December 17, 2008 at 10:14 AM

I know exactly how this "going out of business" scam works. The store that is closing is actually no longer in charge of pricing the items in its own store. The "liquidators" who take over the closings are allowed to increase prices on items that they feel they can get away with selling to make good on unsuspecting buyers. I've actually seen price tags on top of previously lower priced tags on the same item. The lower price was from the store's nomral operating time but the higher price was put on when the store decided to "go out of business". It's a big hairy scam to lift as much money out of our pockets as possible. And it doesn't just apply to Circuit City or Office Depot. Linens and Things were exposed for this practice of increasing prices on previously lower and more reasonable prices. The liquidators control it all and they were caught in the act. But they are not doing anything illegal. They, because they are the supervising managers of a business going down the tubes, are allowed to "price" items as they see fit and as they figure the market will bear. Only until only the junky stuff is left is when you might find a bargain but don't even count on it then. Thanks for listening.

Posted by: Peg Barto on December 18, 2008 at 8:57 AM

Post a comment




Remember Me?

(you may use HTML tags for style)


S P O N S O R S

 

Recent Entries
A Different Twist On Round Robin Introductions

Get to know your local and industry resources

Save Time with Templates

Get More Mileage from Routine Business Mailings

Twitter Offers a Guide for Business Users

Fiscal Year Selling Secret

Beware of Fraud

What Should You Sell?

Archives
Advertising

Affiliate marketing

Business Cards

Business Growth

Business Travel

Business Writing

Computers and Technology

Customer Service

Direct Mail

Ecommerce

Email

Employees

Finance

Home Business

Insurance

Internet

Legal Issues

Market Research

Marketing

Merchant Accounts

Miscellaneous

Networking

Office Management

Planning

Podcast

Productivity

Public Speaking

Retail

Scams

Selling

Social Media

Startup

Trade Shows

Travel

Voicemail

Websites Worth Note
Franchise Trade

 

 

 

Disclaimer
[Article Submission Guidelines]
[Welcome] [About Us] [Advertise]
[Small Business (home page)] [Marketing] [Direct Mail Ideas]
[Human Resources] [Money Management] [Business Loans] [Franchise]
[Start A Business] [Home Business] [Tips & Hints] [Bulletin Board] [Ask Business Know-How]
[Blog] [Legal Know-How] [MLM Know-How] [Career] [Survey] [Feedback] [Free Newsletter]
Privacy Statement

The information compiled on this site is Copyright 1999-2008 by Attard Communications, Inc. and by the individual authors.
Business Know-How is a woman-owned business and a registered trademark of Attard Communications, Inc. Phone: 631-467-8883.

http://www.businessknowhow.com