Cheap TVs and Other Great Deals on Electronics November 11
Circuit City filed for Chapter 11 bankruptcy protection Monday and is in the process of liquidating at least 155 stores nationwide. If you are in the market for a new TV or camera this Christmas, then Circuit City should be on the radar right behind the “Black Friday” deals.
As of today, Circuit City plans that they will continue to operate in hopes that they will survive the Christmas season and rebuild in 2009….but I wouldn’t bet on it. Save money by turning down any offers from the register clerk selling Circuit City warranty upgrades (most of the time this extra expense isn’t worth it even for Best Buy.) Make sure to check the manufacturer’s warranty so that you are still covered if Circuit City becomes history.
That goes the same for Circuit City gift cards. Unfortunately, the economy has narrowed consumer confidence in retailer-backed gift cards to just Wal-Mart and Target – the only retailers (crossing fingers) that probably won’t go bankrupt this January.
-For more budget tips, visit my Frugal Living Examiner page.