Author Topic: Circuit City to shut down  (Read 8558 times)

tu_holmes

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Re: Circuit City to shut down
« Reply #75 on: January 20, 2009, 03:16:08 PM »
No it's not O.K.  It just shows the entire basis for your initial problem with Walmart doesn't make any sense.  You need a better hypothetical.   

How in the world am I "wrong"?  You know the difference between fact and opinion.  What we've both expressed is an opinion.  As I tried to explain earlier in the thread, you a have a problem with how Walmart does business.  I don't (at least not what you’ve described).  Nothing unfair about contracts that both sides agree to sign. 

What is your solution?  Have the government dictate the terms of contracts between Walmart and its vendors? 

What the heck is "staying the course"?  Have no idea what you're talking about.      


It makes perfect sense to those who believe in fair business practices, where it doesn't to those who don't. (look in the mirror)

Dos Equis

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Re: Circuit City to shut down
« Reply #76 on: January 20, 2009, 03:19:16 PM »
It makes perfect sense to those who believe in fair business practices, where it doesn't to those who don't. (look in the mirror)

Put down the socialist manifesto.  This is America.   

I'm actually thinking Mexican food (I really don't like Chinese food.)   :) 

tu_holmes

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Re: Circuit City to shut down
« Reply #77 on: January 20, 2009, 03:34:41 PM »
Put down the socialist manifesto.  This is America.   

I'm actually thinking Mexican food (I really don't like Chinese food.)   :) 

There is NOTHING socialist about fair and even business practices... For you to say otherwise is a complete bastardization of what capitalism is truly all about.

Dos Equis

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Re: Circuit City to shut down
« Reply #78 on: January 20, 2009, 06:49:55 PM »
There is NOTHING socialist about fair and even business practices... For you to say otherwise is a complete bastardization of what capitalism is truly all about.


Life isn't "fair."  What does Ozmo say, "kill or be killed"?   :)  What exactly do you propose?  Sounds like you want the government to come in and rewrite Walmart's contracts.  Your talk throughout this thread reeks of socialism.   

tu_holmes

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Re: Circuit City to shut down
« Reply #79 on: January 20, 2009, 06:55:04 PM »
Life isn't "fair."  What does Ozmo say, "kill or be killed"?   :)  What exactly do you propose?  Sounds like you want the government to come in and rewrite Walmart's contracts.  Your talk throughout this thread reeks of socialism.   

Business IS supposed to be fair... It is supposed to be an equal playing field... there is NOTHING socialist about it.

Capitalism is about fairness and what the market can bear in a free market, all things being equal economic structure.

You're tossing around "socialist" in a complete wrong sense... Any economist would tell you that you're wrong.

That's why business ethics are taught in schools and why you have business regulations. Fairness.

Soul Crusher

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Re: Circuit City to shut down
« Reply #80 on: January 21, 2009, 05:47:50 AM »
Tony Montana from Scarface:

You know what capitilism is . . . . its about getting fucked.


OzmO

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Re: Circuit City to shut down
« Reply #81 on: January 21, 2009, 07:06:10 AM »
Life isn't "fair."  What does Ozmo say, "kill or be killed"?   :)  What exactly do you propose?  Sounds like you want the government to come in and rewrite Walmart's contracts.  Your talk throughout this thread reeks of socialism.   

Umm, just for the record, that "kill or be killed" thing is from something "youandme" said a year ago and it was my way of making fun of it; and for what ever reason I've never taken it off.

That being said, life isn't fair, business isn't fair and it isn't always supposed to be.  the problem is, however, that if you don't have some regulation in place in a capitalistic system, you run the risk of it defeating itself as companies in different markets get too big making competition practically ineffective in that area.  When all real competition is squashed corporate communism begins.  Walmart, is getting closer and closer.  Best buy is getting closer.  although some say Best Buy's days are numbered buy people buying electronics on the internet.  Even if it's just down to several large companies completely dominating the market its dangerous. Even though price fixing is illegal don't for one second think there isn't an element of collusion that exists.

I've always believed that strength of our country lied in the ability for a single individual to start their own business or even a small group  of people.  That's getting harder and harder to do today. 

LurkerNoMore

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Re: Circuit City to shut down
« Reply #82 on: January 21, 2009, 09:41:15 AM »
Just to break up the discussion for a minute, but does anyone know when their big sale is going to be?  When the prices at CC will really be marked down?

OzmO

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Re: Circuit City to shut down
« Reply #83 on: January 21, 2009, 09:48:45 AM »
Just to break up the discussion for a minute, but does anyone know when their big sale is going to be?  When the prices at CC will really be marked down?

When sharper image closed up they brought in a company that specializes in liquidation and from what I've seen with Mervyns, Linens and things,  and the circuit city that closed up here last month, what they do is start at %10 to 20% off everything in the store and as more and more stuff gets bought they increase the discount.  So a week or 2 later you might see 20-40% off then 50, then 60 then 70 etc...  as time goes on, until it's all gone. 

tu_holmes

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Re: Circuit City to shut down
« Reply #84 on: January 21, 2009, 09:50:35 AM »
Just to break up the discussion for a minute, but does anyone know when their big sale is going to be?  When the prices at CC will really be marked down?

It shouldn't be long... I'd bet that by mid - late Feb you'll be able to buy whatever you want... Dirt cheap.

Soul Crusher

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Re: Circuit City to shut down
« Reply #85 on: January 21, 2009, 10:08:39 AM »
When sharper image closed up they brought in a company that specializes in liquidation and from what I've seen with Mervyns, Linens and things,  and the circuit city that closed up here last month, what they do is start at %10 to 20% off everything in the store and as more and more stuff gets bought they increase the discount.  So a week or 2 later you might see 20-40% off then 50, then 60 then 70 etc...  as time goes on, until it's all gone. 

you are never getting a flat screen for 50% off.

OzmO

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Re: Circuit City to shut down
« Reply #86 on: January 21, 2009, 10:17:55 AM »
you are never getting a flat screen for 50% off.

This gal i interviewed for a job a few weeks ago, who worked for Circuit City in Fairfield, CA that close it's doors on the Saturday before Christmas,  told me that the last flat screen (52 inch) was sold for $200 the day before the store shut down.

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Re: Circuit City to shut down
« Reply #87 on: January 21, 2009, 10:24:20 AM »
This gal i interviewed for a job a few weeks ago, who worked for Circuit City in Fairfield, CA that close it's doors on the Saturday before Christmas,  told me that the last flat screen (52 inch) was sold for $200 the day before the store shut down.

Why didnt she buy it?

OzmO

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Re: Circuit City to shut down
« Reply #88 on: January 21, 2009, 10:29:09 AM »
Why didnt she buy it?

She's broke or maybe she had one, i donno  She was only getting paid minimum wage there.  I have 2 LCD's, but for $200 I'd have bought it.  I'd imagine the LCD TV would have been in pretty  bad shape and had been a floor model for a year or so.  who knows. 

I guess the strategy is, if you want to get a good deal is to watch and wait. 

tu_holmes

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Re: Circuit City to shut down
« Reply #89 on: January 21, 2009, 10:40:46 AM »
you are never getting a flat screen for 50% off.

They have to sell everything just to try to pay back some of the debt... I've seen where you can get electronics for 60+ percent off... Flat screens included.

Grape Ape

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Re: Circuit City to shut down
« Reply #90 on: January 21, 2009, 11:00:53 AM »
Ozmo's pretty much on the money.  They're using the same liquidator as Comp USA did.

Unfortunately, for the first week, you don't see to many deals, since the 10% off is off ORIGINAL prices.  The TV I've been tracking actually ended up costing more than it previously did.  And that was for the floor model.

You will have to time it perfectly to get a great deal.
Y

Dos Equis

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Re: Circuit City to shut down
« Reply #91 on: January 21, 2009, 11:08:34 AM »
Umm, just for the record, that "kill or be killed" thing is from something "youandme" said a year ago and it was my way of making fun of it; and for what ever reason I've never taken it off.

That being said, life isn't fair, business isn't fair and it isn't always supposed to be.  the problem is, however, that if you don't have some regulation in place in a capitalistic system, you run the risk of it defeating itself as companies in different markets get too big making competition practically ineffective in that area.  When all real competition is squashed corporate communism begins.  Walmart, is getting closer and closer.  Best buy is getting closer.  although some say Best Buy's days are numbered buy people buying electronics on the internet.  Even if it's just down to several large companies completely dominating the market its dangerous. Even though price fixing is illegal don't for one second think there isn't an element of collusion that exists.

I've always believed that strength of our country lied in the ability for a single individual to start their own business or even a small group  of people.  That's getting harder and harder to do today. 

Sorry.  Didn't know where the phrase originated.  But you now own that phrase.   :)

Everyone has the same opportunities.  It's easier for some, harder for some, but anyone can go start and grow a business if they choose.  They have the opportunity to compete.  That's what "fairness" is really about in our system:  opportunity and competition.   

Regarding regulating the marketplace, we already have regulations in place.  We have government agencies providing oversight.  We have the courts.  We also have consumers who can choose to take their business elsewhere. 

I really don't see Walmart being anywhere near a monopoly.  They have lots of competition.  We both travel a lot and I'm sure you see what I see:  a number of businesses competing with Walmart in cities across the country.  The fact Walmart may be bigger, making more money, or outperforming its competition doesn't make it a monopoly.   

Dos Equis

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Re: Circuit City to shut down
« Reply #92 on: January 23, 2009, 10:43:43 AM »
I was talking to a couple of small business owners and they brought up Walmart and how Walmart is hurting their business.  Walmart is  carrying the same product, but selling it for much less.  One of the owners said he actually buys some of the product at Walmart and resells it in his store for a profit. 

Funny thing though.  Both business owners said they don't fault Walmart at all for outmaneuvering them.  It's just business.

Another said he thinks Target has better products.  Target is coming to Hawaii to compete with Walmart.     

OzmO

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Re: Circuit City to shut down
« Reply #93 on: January 23, 2009, 01:20:07 PM »
I was talking to a couple of small business owners and they brought up Walmart and how Walmart is hurting their business.  Walmart is  carrying the same product, but selling it for much less.  One of the owners said he actually buys some of the product at Walmart and resells it in his store for a profit. 

Funny thing though.  Both business owners said they don't fault Walmart at all for outmaneuvering them.  It's just business.

Another said he thinks Target has better products.  Target is coming to Hawaii to compete with Walmart.     


Maybe monopoly in the traditional sense is incorrect.

Take a town of 20,000 people.  There are privately grocers, drugs stores, clothing etc.  Walmart comes in a sets up one of its, distribution centers.  With-in a year all these places go out of business and Walmart controls it all.  Shoppers still have a choice, IF they want to go to another town that might have products they are looking for, but why do that when they can get it cheaper at Walmart?  In a sense walmart has a monopoly in that town and the ability to have monopolies in many towns as they doing just that.

Your friend may not fault Walmart because "biz is biz", but that doesn't change what's happening and it doesn't change the money he/she is losing.

Dos Equis

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Re: Circuit City to shut down
« Reply #94 on: January 23, 2009, 01:31:31 PM »
Maybe monopoly in the traditional sense is incorrect.

Take a town of 20,000 people.  There are privately grocers, drugs stores, clothing etc.  Walmart comes in a sets up one of its, distribution centers.  With-in a year all these places go out of business and Walmart controls it all.  Shoppers still have a choice, IF they want to go to another town that might have products they are looking for, but why do that when they can get it cheaper at Walmart?  In a sense walmart has a monopoly in that town and the ability to have monopolies in many towns as they doing just that.

Your friend may not fault Walmart because "biz is biz", but that doesn't change what's happening and it doesn't change the money he/she is losing.

What you've described is a good thing.  In your scenario, Walmart likely provides more jobs and more products at cheaper prices for consumers.  Overall, that's good for the community.  That's why so many people shop there (including me).   

OzmO

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Re: Circuit City to shut down
« Reply #95 on: January 23, 2009, 01:36:49 PM »
What you've described is a good thing.  In your scenario, Walmart likely provides more jobs and more products at cheaper prices for consumers.  Overall, that's good for the community.  That's why so many people shop there (including me).   

Jobs at Walmart isn't something that's going to fuel the economy. 

It does provide good things but also kills small business and creates a type of monopoly in the area. 

Dos Equis

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Re: Circuit City to shut down
« Reply #96 on: January 23, 2009, 01:38:23 PM »
Jobs at Walmart isn't something that's going to fuel the economy. 

It does provide good things but also kills small business and creates a type of monopoly in the area. 

Depends on how many jobs are created by Walmart and lost by small business.  And cheaper prices for consumers is a pretty important factor.