Liquidation sale warnings

An interesting article from ABC 15 in Phoenix notes liquidation sales aren't always a great deal. The sales are often conducted by a liquidator, not the original retail store; as a result, prices are reset to new profit expectations. Discounts are off manufacturer's retail price or even specially marked up prices, rather than the previous retail price. ABC 15's investigators found items at Linens 'n Things priced 12% above their original level and Circuit City TVs $200 more expensive than at Best Buy. Caveat emptor.