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song writer
 
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Default What's the catch with The Guitar Center's sale?

The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?

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Joe Sensor
 
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song writer wrote:
The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?


Hahahaha.

Hurry, sale ends soon!
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hank alrich
 
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song writer wrote:

What' the catch?


22

--
ha
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EricK
 
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song writer wrote:

The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?


What's so amazing about the sale? And what make you think there's a
catch? Are the prices just unusually low?

--
Eric

www.Raw-Tracks.com
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Jonny Durango
 
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There is a furniture store near my house that's had this incredible "GOING
OUT OF BUSINESS SALE!!!" for like 5 years....I still haven't figured out the
catch!

--

Jonny Durango

"Patrick was a saint. I ain't."

http://www.jdurango.com



"song writer" wrote in message
...
The Guitar Center is having this amazing sale up until January 31st. What

I
want to know is why? What' the catch?





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play_on
 
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They are reducing inventory before tax time. Most retailers blow
stuff out this time of year.

Al

On Fri, 21 Jan 2005 04:00:46 GMT, song writer
wrote:

The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?


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David Morgan \(MAMS\)
 
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"play_on" wrote in message ...

They are reducing inventory before tax time. Most retailers blow
stuff out this time of year.


My mother taught me a long time ago... Do your Christmas shopping
for next year, right after Christmas this year. I guess it still applies.




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steve
 
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Jonny Durango wrote:

There is a furniture store near my house that's had this incredible "GOING
OUT OF BUSINESS SALE!!!" for like 5 years....I still haven't figured out the
catch!


Around here, that's illegal (false advertising)
  #9   Report Post  
GKB
 
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What was such a great deal ? [ always be prepared to walk away ! ]

regards gkb



"song writer" wrote in message
...
The Guitar Center is having this amazing sale up until January 31st. What

I
want to know is why? What' the catch?



  #10   Report Post  
transmogrifa
 
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song writer wrote:
The Guitar Center is having this amazing sale up until January 31st.

What I
want to know is why? What' the catch?


Guitar Center at one time used to have good sales. I went in there.
Nothing really on sale. Just junk. They also have pretty much
eliminated their 30 day return policy. You read the fine print almost
everything is excluded except guitar pics.
Mike http://www.mmeproductions.com



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Joe Sensor
 
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play_on wrote:
They are reducing inventory before tax time. Most retailers blow
stuff out this time of year.



Guitar Center never blows anything out. The "sale" prices last 365 days
a year. Just ask for them.
  #12   Report Post  
 
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I pretty much get the lowest price on everything when I shop at GS. My
last purchase was a Lynx L22. My "go to" sales guy gave me a price
lower than I'd seen anywhere, without me asking for it. Trust me, if
GS can afford to buy Eric Clapton's vintage guitars at auction, they
have have plenty of money. Squeeze them for every penny, they can
afford it!!

DaveT

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Blind Joni
 
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The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?


I bought cabling listed for $540 for $110..no catch..they have to dump store
stock.


John A. Chiara
SOS Recording Studio
Live Sound Inc.
Albany, NY
www.sosrecording.net
518-449-1637
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Philip N. Daly
 
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song writer wrote:
The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?

GC have sales all the time ... it's worth having a look and talking to
the staff as - if you haggle - you can usually lower the price some
more ;-)
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hank alrich
 
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song writer wrote:

LOL! Don't get my wrong. I don't' work for the Guitar Center. I was just
wondering why they had such a big sale. Could it be the next generation of
high quality audio equipment is coming out?


No, it's because at the end of every company's fiscal year they must
take inventory so they can then prepare financial statments and
importantly, tax returns. Which would you rather have come tax time, a
warehouse full of **** you hadn't sold, or the cash from selling all
that ****?

The catch is that if you haven't been paying attenton to prices all
along you won't know whether or not the "SALE!!!!!" prices are better
than the everyday prices for a given item.

Then you get stuff like I just found in a Full Compass specials flyer -
an Apple DVC to ADC adapter, list $99, on "SALE!!!!" for only $98.90.
Only Ben Franklin would be impressed.

--
ha
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Matt Macchiarolo
 
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"hank alrich" wrote in message
.. .
Then you get stuff like I just found in a Full Compass specials flyer -
an Apple DVC to ADC adapter, list $99, on "SALE!!!!" for only $98.90.
Only Ben Franklin would be impressed.


PT Barnum would be more impressed.


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Joe Sensor
 
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song writer wrote:


LOL! Don't get my wrong. I donąt' work for the Guitar Center. I was just
wondering why they had such a big sale. Could it be the next generation of
high quality audio equipment is coming out?


Guitar center has a big sale for Christmas, for Valentines day, for
rocktober, to celebrate Fender, to celebrate Gibson, to celebrate their
anniversary, for 4th of July, etc., etc., etc.
  #19   Report Post  
Mike Rivers
 
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What's on sale? Anything I might want?


--
I'm really Mike Rivers - )
However, until the spam goes away or Hell freezes over,
lots of IP addresses are blocked from this system. If
you e-mail me and it bounces, use your secret decoder ring
and reach me he double-m-eleven-double-zero at yahoo
  #20   Report Post  
hank alrich
 
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Mike Rivers wrote:

What's on sale? Anything I might want?


How 'bout a Chinese copy of Stevie Ray's gitar? Jus' guessin' there.

--
ha


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Jim Gilliland
 
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hank alrich wrote:

Then you get stuff like I just found in a Full Compass specials flyer -
an Apple DVC to ADC adapter, list $99, on "SALE!!!!" for only $98.90.
Only Ben Franklin would be impressed.


Sounds like someone higher up said "Take 10 percent off of that item",
and the underling lost track of the "per".
  #22   Report Post  
JoeT
 
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"hank alrich" wrote in message
.. .
song writer wrote:

LOL! Don't get my wrong. I don't' work for the Guitar Center. I was just
wondering why they had such a big sale. Could it be the next generation
of
high quality audio equipment is coming out?


No, it's because at the end of every company's fiscal year they must
take inventory so they can then prepare financial statments and
importantly, tax returns.



True enough but fiscal and calendar years are not the same animal. Model
years and associated price changes however, typically do stay in sync with
the calendar year and are the most likely reason for the January sales.







  #23   Report Post  
Charles Krug
 
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On 21 Jan 2005 22:55:20 GMT, Blind Joni wrote:
The Guitar Center is having this amazing sale up until January 31st. What I
want to know is why? What' the catch?


I bought cabling listed for $540 for $110..no catch..they have to dump store
stock.


Inventory Season.

Retailers usually do inventory at the end of January. Makes sense for
them because it's after their Big Season (Christmas) and before their
Next big season (February birthdays and Valentines day) (Why do you
suppose February is such a big month for birthdays in the West hmmm?)

Everything they inventory they have to pay taxes on at the end of their
fiscal year (1/31, generally) so they try to dump as much as possible of
it during January.

  #24   Report Post  
hank alrich
 
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"JoeT" wrote:

True enough but fiscal and calendar years are not the same animal.


They don't have to be the same but the y certainly can be.

Model years and associated price changes however, typically do stay in
sync with the calendar year and are the most likely reason for the January
sales.


The reason for the sale is that GC always has a really big sale going
on. I was around a GC more than I anticipated last summer, and in six
weeks there was no stopping the one big sale after another. People get
excited when they smell money, even if it's play money.

--
ha
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jtougas
 
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On Sat, 22 Jan 2005 17:12:14 GMT, Charles Krug
wrote:

Why do you suppose February is such a big month for birthdays in the West hmmm?


Mother's Day? ;-) (Father's Day is maybe too late in June for the
whole nine-month thing...)


jtougas

listen- there's a hell of a good universe next door
let's go

e.e. cummings


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Edwin Hurwitz
 
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In article ,
Charles Krug wrote:



Retailers usually do inventory at the end of January. Makes sense for
them because it's after their Big Season (Christmas) and before their
Next big season (February birthdays and Valentines day) (Why do you
suppose February is such a big month for birthdays in the West hmmm?)



I don't know, but I get hit with both demographics. My birthday is on
the 14th. Sucks for making dinner reservations.

Edwin
  #27   Report Post  
JoeT
 
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"hank alrich" wrote in message
...
"JoeT" wrote:

True enough but fiscal and calendar years are not the same animal.


They don't have to be the same but the y certainly can be.

Model years and associated price changes however, typically do stay in
sync with the calendar year and are the most likely reason for the
January
sales.


The reason for the sale is that GC always has a really big sale going
on. I was around a GC more than I anticipated last summer, and in six
weeks there was no stopping the one big sale after another. People get
excited when they smell money, even if it's play money.

--
ha


Any more, every retailer is always having a "Big Sale". I can remember when
The word "Sale" meant special pricing on given items. Now it's merely used
to imply that while simply being used in the classic sense that things are
indeed "for sale".. lol



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Wayne
 
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Everything they inventory they have to pay taxes on at the end of their
fiscal year (1/31, generally) so they try to dump as much as possible of
it during January.


You don't pay taxes on inventory. You pay taxes on profits resulting from the
sale of inventory. When they purchase equipment and parts for resale, it is
put on the books as an inventory asset. When it's sold, the cost is subtracted
from the selling price, leaving profit and the cost is also removed from the
inventory asset register.

My business only has a small inventory of parts and finished goods (equipment)
(approx $500,000 net) and I've never been required to pay taxes on inventory.
I do pay personal property on fixed assets, but again, that does not include
inventory assets stocked for resale purposes.

Business 101.

--Wayne

-"sounded good to me"-
  #29   Report Post  
J
 
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You don't pay taxes on inventory.

This is the case here in Michigan now.

Used to be there was an inventory tax here.

At the Fed level? I know not.

J


"Wayne" wrote in message ...
Everything they inventory they have to pay taxes on at the end of their
fiscal year (1/31, generally) so they try to dump as much as possible of
it during January.


You don't pay taxes on inventory. You pay taxes on profits resulting from the
sale of inventory. When they purchase equipment and parts for resale, it is
put on the books as an inventory asset. When it's sold, the cost is subtracted
from the selling price, leaving profit and the cost is also removed from the
inventory asset register.

My business only has a small inventory of parts and finished goods (equipment)
(approx $500,000 net) and I've never been required to pay taxes on inventory.
I do pay personal property on fixed assets, but again, that does not include
inventory assets stocked for resale purposes.

Business 101.

--Wayne

-"sounded good to me"-


  #30   Report Post  
Blind Joni
 
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Which would you rather have come tax time, a
warehouse full of **** you hadn't sold, or the cash from selling all
that ****?


Also, in many locations the floor space is limited and stuff that isn't moving
is taking up space from stuff that might.


John A. Chiara
SOS Recording Studio
Live Sound Inc.
Albany, NY
www.sosrecording.net
518-449-1637


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John_LeBlanc
 
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"hank alrich" wrote in message
...

The reason for the sale is that GC always has a really big sale going
on. I was around a GC more than I anticipated last summer, and in six
weeks there was no stopping the one big sale after another. People get
excited when they smell money, even if it's play money.


I've always found the first half-hour of the Labor Day Sale to be one of the
best sales GC has. Anything after the first half-hour, though, looks a lot like
any other GC weekly sale.

John LeBlanc
Houston, TX


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