Anyone catch what's goin' on at Tweeter?..deals?


Is anyone keeping track of what's happening in the Tweeter Bankruptcy/Liquidation situation?
I think it's noteworthy, as an audio/video electronics shopper and former retail av guy myself, that it all can and likely will happen in retail eventually! Apperently you've got employees and paying customers alike, whom Tweeter owed money and or merchandise, that's locked in limbo in the situation! That's gotta blow!
Anyway, maybe there will be a deal or two to be had if they open their doors to blow out some merchandise (we'll see if the liquidation deals(?) are anything to write home about, like they were when Comp USA closed stores). Also, wonder if Circuit will have any scavenger specials here soon?

http://www.cepro.com/article/what_tweeter_still_owes_employees/K293
iplaynaked

Showing 1 response by samgupta101

about 12 or 18 months ago tweeter closed a bunch (all?) of their Southern California stores. I went down to one near San Diego and found the "deals" to be pretty weak. I think it was on the order 20% off MSRP.

I did talk to one of the guys working there and they said they had another few weeks at that location, after which the store would be closed and the inventory moved to another retail location. I don't know if this is standard practice, but considering that each employee has a cost, the practice does make sense to consolidate the number of open store fronts.