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Heads up: All 103 Discovery Channel Stores to be closed by 3Q07 Archived From: Deal Discussion

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alert mods    
   posted: May. 22, 2007 @ 10:39a

"Discovery Channel shuttering stores": NEWS LINK

I sincerely feel bad for the 1000 workers, and hope they go on to better things.

I also see the potential for store closing (blowout?) sales.


   posted: May. 22, 2007 @ 10:39a

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alert mods    
   posted: May. 22, 2007 @ 10:41a

c2d2 said:"Discovery Channel shuttering stores": NEWS LINK

I sincerely feel bad for the 1000 workers, and hope they go on to better things.

I also see the potential for store closing (blowout?) sales.

Their price is very high, that's the reason for their closing.


alert mods    
   posted: May. 22, 2007 @ 10:46a

plus, they started selling a bunch of junk a la Sharper Image


alert mods    
   posted: May. 22, 2007 @ 10:51a

Ingenious discovery

c2d2 said:"Discovery Channel shuttering stores": NEWS LINK

I sincerely feel bad for the 1000 workers, and hope they go on to better things.

I also see the potential for store closing (blowout?) sales.


alert mods    
   posted: May. 22, 2007 @ 11:06a

I've had my eye on a few overpriced gadgety things. Looking forward to a sale.

Condolences if you are affiliated with the stores.


alert mods    
   posted: May. 22, 2007 @ 1:26p

They just closed the store in Burlington MA and what you can expect is a clearing out of everything over a 4 week (apporox) span. They start with everything at around 15-25% off and each week they increase that. In the last few days everything (including store fixtures) was about 70% off. Nice for the stores that have some of the Nav systems and telescopes. But expect most good stuff to be gone that 1st week.


alert mods    
   posted: May. 22, 2007 @ 1:42p

Wonder if they'll use an outside firm like CompUSA. That would really suck.


alert mods    
   posted: May. 22, 2007 @ 5:54p

Sounds kinda stupid to me...I bet they make 80% or more of their gross sales in the 4th quarter. Couldn't they just close down in Jan. 2008?


alert mods    
   posted: May. 23, 2007 @ 9:00a

Potlickerttu said:Sounds kinda stupid to me...I bet they make 80% or more of their gross sales in the 4th quarter. Couldn't they just close down in Jan. 2008?

I know that would seem to make sense. But when you're looking at corporate books at that level, the losses outpace the profits. Even though sales my increase to some significant degree in q4 because of Christmas, so do operating expenses. But a more likely motivation is; if the stores are bleeding money every week right now, and you're not going to attempt to institute a ground up rehab, the best thing is to pull the plug as fast as possible.
You can bet the board knows where their capital is going next, and it's a better bet.


alert mods    
   posted: May. 23, 2007 @ 2:25p

Virbla said:c2d2 said:"Discovery Channel shuttering stores": NEWS LINK

I sincerely feel bad for the 1000 workers, and hope they go on to better things.

I also see the potential for store closing (blowout?) sales.

Their price is very high, that's the reason for their closing.

I have to agree here. I stopped at their store in the Mall of America and the prices blew me away! Everything I had looked at on line was cheaper than in the store.


alert mods    
   posted: May. 23, 2007 @ 8:30p

The prices were so high, then I visited the Discovery Channel Store located in a mall.
Good Lord, I had to steal 3 things to "equal" out the 2 things I bought.
/I keeeeeed I keeeeeeeeeeed


alert mods    
   posted: May. 24, 2007 @ 2:12p

Advice to Discovery Channel: Stick to TV


alert mods    
   posted: May. 24, 2007 @ 6:24p

luv2ctheworld said:Wonder if they'll use an outside firm like CompUSA. That would really suck.

You can pretty much count on it. Seems to be standard practice.


alert mods    
   posted: May. 25, 2007 @ 9:42a

Hello! Just called the Discovery Channel Store in Green Hills Mall, Nashville, TN. They are closing but are not running any "sale" or discounted merchandise as of yet.


alert mods    
   posted: May. 25, 2007 @ 12:43p

got2grow said:Potlickerttu said:Sounds kinda stupid to me...I bet they make 80% or more of their gross sales in the 4th quarter. Couldn't they just close down in Jan. 2008?

I know that would seem to make sense. But when you're looking at corporate books at that level, the losses outpace the profits. Even though sales my increase to some significant degree in q4 because of Christmas, so do operating expenses. But a more likely motivation is; if the stores are bleeding money every week right now, and you're not going to attempt to institute a ground up rehab, the best thing is to pull the plug as fast as possible.
You can bet the board knows where their capital is going next, and it's a better bet.

I hope they take the extra capital and invest in more "Planet Earth" or similar series.


alert mods    
   posted: May. 25, 2007 @ 9:05p

Hmm.. it doesnt seem all that long ago that they bought out
"The Nature Company" Oh well here's hoping for some decent
deals!


alert mods    
   posted: Jun. 22, 2007 @ 5:36p

I went to the store in Tysons Corner, VA yesterday; everything was 30% off.


alert mods    
   posted: Jul. 4, 2007 @ 6:52p

40-60% off at the store in Milwaukee today. Picked up a telescope, much cheaper than any price I can find online for it. Did some x-mas shopping while there too.


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