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Buyer Beware

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Consumerist helpfully walks us through all the FAQs pertaining to Circuit City's liquidation, ending on this cautionary note: "Are liquidation sales good places to find bargains? No. Most of the time the liquidator raises all the prices back to their original number and starts marking down from there, with the markdowns getting steeper week by week. He's still allowed to make big signs that scream 50% OFF!!!! even though that price at the time might be the same or even higher than the price before the liquidation. By the time prices actually get below what they were pre-liquidation, most of the inventory has been picked pretty clean. Except for the most dedicated bargain sleuths, liquidation sales are a ripoff." [Consumerist]