Syracuse (WSYR-TV) - It seems like we've been seeing their “going out of business" ads and commercials for months now -- so when is Goldberg's Furniture Center finally shutting its doors?
In this case, no longer than November 17th. That's when the special license Goldberg's got from the North Syracuse village clerk for the liquidation sale will expire.
By law, a company is allowed up to 60 days to run this type of sale.
They have to supply the village or town a list of all merchandise that they're trying to get rid of, and can not add any merchandise to the store during the sale.
Typically, a retailer can mark the items in the store back to the original price before offering any sort of "final days" discount, but they can’t price it any higher than they ever sold it for.
That means you're not necessarily getting the best deal at a going-out-of-business sale -- and remember, once you buy it, the sale is final, so you better be sure about your purchase.
