As many people may be unaware, Xoxide is going out of business. This site is one of those golden oldies in the online shopping community that has been around since 2001 and has serviced over 230,000 customers in their 8 years of operation. Unfortunately, though, they appear to be going out of business.
Although the details are still murky they appear to be attempting to liquidate everything possible with sales ranging from 10 to 70% off. If you go and read the open letter from the owners of Xoxide, you can see that they are indeed trying to get rid of everything. And, if you check out their site you can also see that they are actually putting the site up for sale as well in the hopes of possibly recouping their mounting debts which is probably the only reason we can figure they’re going out of business. We will try to get more information as the story develops, but at this point they are going out of business at the end of the month and any interested bidders for the Xoxide.com site have until September 17th at 2:30pm EST to make an offer of any sort.
Personally, I have always found Xoxide to be overpriced and to my knowledge never actually bought anything from them mostly due to that fact. I have a strong feeling that these guys didn’t understand that they had to be competitively priced in order for them to have a chance and clearly their going out of business is a showing of that.
If you’re interested in the sale you can head on over to Xoxide.com and they have huge banners all over the place.
Update 9/20/2009:
Looks like they are restocking their shelves and the firesale is no longer in effect. Either someone managed to infuse them with some capital or bought them outright. We dont know whether this was an elaborate scheme to clear out some stock or whether they were genuinely going under... only time will tell.
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