shoppingonabudget

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Dec 08 2008

Shopping on a Budget: Liquidation / Going Out of Business Sales

Published by jenfoote at 9:02 pm under Sales Edit This

I will never forget when Ames went out of business. I went in thinking I was going to get some great deals. I decide to pickup some makeup. I intended to come back later when I had more time, but that never happened. Why? I picked up a small package of liquid Cover Girl foundation. Working as a manager at Dollar General at the time, I knew this sold for less than $4. So, imagine my surprised when I was charged over $5 and this was with a liquidation discount!

Unfortunately, it seems like a lot of stores are going out of business now or closing some locations. There is the possibility to get good deals, but you need to proceed with caution. One of my favorite blogs, The Consumerist, has been talking about this. Some of the blog’s readers are experiencing a problem at Circuit City, among other retailers. You can click on the link to read their latest article, which includes a firsthand account from a consumer.

So, if you are looking to get cheap Christmas gifts or just do some cheap shopping for yourself, always use your best judgment.

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