Buzz
When a store shuts down (like Sports Authority's recent closure), they often have sales to clear out inventory. But these 'liquidation sales' can be misleading, as noted by Consumerist.
Despite common assumptions, a liquidation sale doesn’t automatically mean that prices are slashed to the lowest. Consumerist explains the actual process:
In a liquidation sale, items that were on sale before liquidators took over are no longer discounted. The original prices return to 100%, and then the prices decrease gradually. The liquidator begins with a 10% discount, followed by 20%, and eventually offers deals that could even outdo sales from competitors.
In other words, if you're eager to save money right when the sale kicks off, you might do better by waiting a little while. For more details, check out the full post at the link below.
Image by Phillip Pessar.
