Notice:
The advice given on this site is based upon individual or quoted experience, yours may differ.
The Officers, Staff and members of this site only provide information based upon the concept that anyone utilizing this information does so at their own risk and holds harmless all contributors to this site.
Having watched others go out of business and leave people charged and hanging, I would NOT buy from them unless it was over the counter, product in hand.
I got a good deal on some bottom paint and a bunch of dock lines last weekend at the Annapolis, MD store. Keep in mind though, "all sales are final". A liquidator is selling off the inventory - Boater's World is already gone.
I heard an article on the radio about the liquidation process for Circuit City. They said that the company hired a Liquidator who took over operations, with the goal to provide as much cash to creditors as possible, to cover their debts. So, whaddaya think the first thing they did? Raised Prices.
They raised prices from the usual 10-15% off MSRP as was their old policy to the MSRP or slightly above. Customers came in droves thinking they would get a great deal. Of course, they didn't. The article mentioned that the Liquidator would no longer accept personal checks or Circuit City brand store credit cards! Seemed they were interested in cold hard cash or third party plastic.
Not sure, but I might be inclined to do the same if faced with this scenario.
So what is the difference then if the banks now are allowed to include the value of assets not based on market value, but what they think the value is in a normal market? Ha!
When was the last time we had a normal market? Didn't we just crash because of a market that was over inflated and over valued -- for years? and now everything is under value?
Of course by raising the value of assets the banks look better, and more people invest, and are we back on track to place more value on an item.
Maybe Circuit City is merely putting a value on the price of products of a really normal over valued typical market. So what is wrong with that?
So when I sell my boat, I suppose the same logic wont apply of course.
Even those super light weight, long sleeve, Columbia sun blocker shirts are on sale. Man, I love those shirts but I never seem to find them on sale...until now!
All, I went to BW yesterday and picked up a new porta pot - Sealand 975 MSD 5-gal. Same price on the shelf as Defender, but with a 20% discount. Picked up a teak magazine rack w/20% discount - it was with in $2.00 of Defender price on shelf. Also grabbed a couple of small D-shackles for 30% off (sailing hardware is 30% off). Also, a couple 20' x 1/2" dock lines for 20% off. I don't believe they have marked up their prices to date.
FYI - The man behind the counter said the liquidaters had not started yet. There is no time frame established to the employees, but he did say at some point the liquidators will take over.
I returned for further deals on the Columbia clothing only to find higher prices! The staff indicated that the liquidators took over and now marked everything a percent off the "suggested retail" price. No deal at all! I went down the street to Dick's sporting goods and found the same thing but only cheaper.
Notice: The advice given on this site is based upon individual or quoted experience, yours may differ. The Officers, Staff and members of this site only provide information based upon the concept that anyone utilizing this information does so at their own risk and holds harmless all contributors to this site.