Comments on: The End Of Things http://www.younghouselove.com/2008/10/the-end-of-things/ Two Young People + One Old House = Love Thu, 09 Feb 2012 05:19:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Meredith http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-36963 Meredith Wed, 17 Jun 2009 16:56:12 +0000 http://www.thisyounghouse.com/?p=4340#comment-36963 I know this is all way in the past now, but just FYI in case people are interested for future big chain liquidations: A big chain like LNT isn't actually in control of its own liquidation - they get taken over by a company that specialized in liquidating retail stores. That's why everything looks the same, whether it's LNT or Circuit City! The first thing they do it put EVERYTHING at its real Suggested Retail Price and discount it just 10%, removing any previous discounts, even though a lot of items were never sold at that high a price to begin with. So at the very beginning of a liquidation, almost everything in the store actually costs MORE than it would have regularly. I guess they're hoping by advertising the liquidation, plenty of people will assume they're getting a better price and not actually think too hard to notice that they're not! You really have to wait until the end to get the good deals. And even then, buying an old display model at a regular store can often be a better deal - like the unnoticabely dented SimpleHuman trash can the hubs scored from Lowe's, or the $2 glass pitcher I got from LNT years ago. Happy shopping, everyone! I know this is all way in the past now, but just FYI in case people are interested for future big chain liquidations: A big chain like LNT isn’t actually in control of its own liquidation – they get taken over by a company that specialized in liquidating retail stores. That’s why everything looks the same, whether it’s LNT or Circuit City! The first thing they do it put EVERYTHING at its real Suggested Retail Price and discount it just 10%, removing any previous discounts, even though a lot of items were never sold at that high a price to begin with. So at the very beginning of a liquidation, almost everything in the store actually costs MORE than it would have regularly. I guess they’re hoping by advertising the liquidation, plenty of people will assume they’re getting a better price and not actually think too hard to notice that they’re not! You really have to wait until the end to get the good deals. And even then, buying an old display model at a regular store can often be a better deal – like the unnoticabely dented SimpleHuman trash can the hubs scored from Lowe’s, or the $2 glass pitcher I got from LNT years ago. Happy shopping, everyone!

]]> By: Cindy http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4288 Cindy Mon, 20 Oct 2008 20:45:01 +0000 http://www.thisyounghouse.com/?p=4340#comment-4288 I hadn't heard of this!!! I guess I'll have to pop in and check out the sales!! Thanks for the notice!! I hadn’t heard of this!!! I guess I’ll have to pop in and check out the sales!! Thanks for the notice!!

]]> By: YoungHouseLove http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4261 YoungHouseLove Mon, 20 Oct 2008 03:02:39 +0000 http://www.thisyounghouse.com/?p=4340#comment-4261 Sorry to panic you, Amy! We're sticking around so don't worry. We drove by ours today (which survived the first round of closings back in May) and - as you all mentioned - it's announcing 10-30% off all items for now. Big whoop. But it's nice to hear that things will get more discounted as time goes on (and they get more desperate). I guess at this point they're trying to make us much moolah out of the liquidation as possible. Very interesting insight, Teresa, btw. I agree with Alysia that I sincerely hope whomever takes office in January is the right guy to turn this all around. Fingers crossed! -John

Sorry to panic you, Amy! We’re sticking around so don’t worry.

We drove by ours today (which survived the first round of closings back in May) and – as you all mentioned – it’s announcing 10-30% off all items for now. Big whoop. But it’s nice to hear that things will get more discounted as time goes on (and they get more desperate). I guess at this point they’re trying to make us much moolah out of the liquidation as possible. Very interesting insight, Teresa, btw.

I agree with Alysia that I sincerely hope whomever takes office in January is the right guy to turn this all around. Fingers crossed!

-John

]]> By: Alysia http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4252 Alysia Sun, 19 Oct 2008 01:55:32 +0000 http://www.thisyounghouse.com/?p=4340#comment-4252 We have a few LNT in the Portland, Oregon area and we had one close in the summer. It took them a few months before it was to 70% off, but they were some great deals. Unfortunately, this is just another sign of the way things are going. Hopefully, everyone votes and picks a president who can turn this all around. We have a few LNT in the Portland, Oregon area and we had one close in the summer. It took them a few months before it was to 70% off, but they were some great deals. Unfortunately, this is just another sign of the way things are going. Hopefully, everyone votes and picks a president who can turn this all around.

]]> By: Brenda Kula http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4250 Brenda Kula Sat, 18 Oct 2008 23:13:44 +0000 http://www.thisyounghouse.com/?p=4340#comment-4250 Yes, I had read about this in Time or Newsweek. And I saw that ours down the road had the big signs. Too bad. I liked them. Wanted to mention that I have to hit Return or my sentence goes off the page into I don't know where! Brenda Yes, I had read about this in Time or Newsweek. And I
saw that ours down the road had the big signs. Too bad.
I liked them. Wanted to mention that I have to hit
Return or my sentence goes off the page into I don’t
know where!
Brenda

]]> By: Alexis http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4248 Alexis Sat, 18 Oct 2008 21:15:14 +0000 http://www.thisyounghouse.com/?p=4340#comment-4248 The one near me closed in August in the first round and I didn't find great deals until near the end when things started hitting 70-80% off. The one near me closed in August in the first round and I didn’t find great deals until near the end when things started hitting 70-80% off.

]]> By: mikki roo http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4247 mikki roo Sat, 18 Oct 2008 18:46:59 +0000 http://www.thisyounghouse.com/?p=4340#comment-4247 I wonder if that means the ones in Canada too? I haven't heard anything yet... I wonder if that means the ones in Canada too? I haven’t heard anything yet…

]]> By: Teresa http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4246 Teresa Sat, 18 Oct 2008 18:26:03 +0000 http://www.thisyounghouse.com/?p=4340#comment-4246 My family owned a small business several years ago. When we liquidated we hired a company to walk us through it. They told us to raise the regular price and then start with taking a small percentage off of that price. We were able to do several price reductions and still make a profit. It worked well for us, but has made me leery of liquidations sales ever since. If you need it, great...but you really aren't getting that good of a deal. My family owned a small business several years ago. When we liquidated we hired a company to walk us through it. They told us to raise the regular price and then start with taking a small percentage off of that price. We were able to do several price reductions and still make a profit. It worked well for us, but has made me leery of liquidations sales ever since. If you need it, great…but you really aren’t getting that good of a deal.

]]> By: Stacy http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4245 Stacy Sat, 18 Oct 2008 18:07:14 +0000 http://www.thisyounghouse.com/?p=4340#comment-4245 The one around me in NH has been going out of business for about a month. The sales are now at 40-60% off, but be forewarned: those LNT peeps are tricky. I had bought a bunch of Nate Berkus bedding on clearance at 50% off BEFORE they announced the store closing. When I went back to get more AFTER the announcement, they had taken all the clearance stickers off the Berkus collection and it was now only reduced to 10% off. :( Bad business LNT. I have also noticed a few high priced stickers covering other lower priced stickers (meaning they slapped higher price tags on things before they marked em down). I was very disappointed in their practices. Anyhoo... good luck bargain hunting! ~Stacy The one around me in NH has been going out of business for about a month. The sales are now at 40-60% off, but be forewarned: those LNT peeps are tricky. I had bought a bunch of Nate Berkus bedding on clearance at 50% off BEFORE they announced the store closing. When I went back to get more AFTER the announcement, they had taken all the clearance stickers off the Berkus collection and it was now only reduced to 10% off. :( Bad business LNT. I have also noticed a few high priced stickers covering other lower priced stickers (meaning they slapped higher price tags on things before they marked em down). I was very disappointed in their practices.

Anyhoo… good luck bargain hunting!

~Stacy

]]> By: Melissa http://www.younghouselove.com/2008/10/the-end-of-things/comment-page-1/#comment-4244 Melissa Sat, 18 Oct 2008 16:52:54 +0000 http://www.thisyounghouse.com/?p=4340#comment-4244 It's true. I was at the Virginia Beach store this morning... but right now the sales are a little chintzy. Just 10-30% off. Not enough of a bargain yet for me! I'll wait until next week & hopefully they'll drop the prices more... I'm just hoping everything isn't too picked over by that point! It’s true. I was at the Virginia Beach store this morning… but right now the sales are a little chintzy. Just 10-30% off. Not enough of a bargain yet for me! I’ll wait until next week & hopefully they’ll drop the prices more… I’m just hoping everything isn’t too picked over by that point!

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