Cheaper than dirt in McKinney Shutting down?

[Beiruty]

Last week they had a sale of 20% off everything in stock including firearms.
This week they have a sale of 50% off everything in stock including firearms.

Last week almost all shelves are empty, now they may still have few and lot of overpriced ammo.

What goes comes back to bite you.

[Oldgringo]

CTD burned me several years ago on a set of grips for a Taurus 1911. While I may have forgiven them, I sure ain't forgot.

[fickman]

My thoughts in order:
1. Oh well.

2. Hope the one in Fort Worth follows soon.

3. 20% off firearms, then 50% off the next week?! Why - they might approach competitive prices soon if they keep this up!

4. Good riddance.

[suthdj]

My thoughts in order:
1. Oh well.

2. Hope the one in Fort Worth follows soon.

3. 20% off firearms, then 50% off the next week?! Why - they might approach competitive prices soon if they keep this up!

4. Good riddance.

That was the store front from Fort Worth.

[Jago668]

My thoughts in order:
1. Oh well.

2. Hope the one in Fort Worth follows soon.

3. 20% off firearms, then 50% off the next week?! Why - they might approach competitive prices soon if they keep this up!

4. Good riddance.

That was the store front from Fort Worth.

It moved over into an old liquor store across from a Wal-mart on I-30. Called Fort Worth Guns or something like that now. I always laughed seeing people buying ammo in there when you could walk across the street and buy ammo at Wal-mart cheaper.

[joe817]

It moved over into an old liquor store across from a Wal-mart on I-30. Called Fort Worth Guns or something like that now. I always laughed seeing people buying ammo in there when you could walk across the street and buy ammo at Wal-mart cheaper.

It's called DFW guns, yes they moved into the old Majestic Liquor store building when they went belly up for not paying their state taxes. It's located at Eastchase & I-30. It's in my neck of the woods but I've never been in there. Seems like they always have a crowd though every time I've driven by.

The one in McKinney sure didn't last long. Like 4 or 5 months?

[fickman]

That's funny. I thought I remembered the McKinney store was aligned with the online store and separate from the Fort Worth store. I didn't even know they were out of the site on 820. . . I guess it shows 1) how much attention I pay to CTD, and 2) that I try to avoid the intersection of I-35W and I-820 at all costs.

[aaangel]

i went in the I30 location once when my friend was shopping for a car @carmax. you can tell that location is not doing well also. shelves are empty,expensive guns and ammo! this was on a weekend, and there were 4 of us in there.

[The Annoyed Man]

The last thing I ever bought from CTD online was a set of 4 or 5 extra Korean-sourced GI 15 round magazines for my M1 carbine, and that was before the last 2 rounds of ammo scarcity. At first, like everyone else who sells ammo, they charged a higher price when ammo got scarce. But this last time, they raped the ammo market. Now, I'm a capitalist all the way, and I do believe in allowing market forces to determine prices; but I also believe that capitalism works only when it is equitable, and it is equitable only when those with supply do not treat those with demand as chum for a shark-frenzy. In other words, it is OK to demand a higher price when your commodity is scarce, because you might have had to pay a higher price to lay in the inventory, or because you might have had the foresight to buy in vast quantities (which is expensive) because you saw a shortage coming; but it is NOT OK to price it SO highly that you poison whatever good will you had with your market. IF you do that, then your market will remember your tactics when times were tough, and they will spend their dollars elsewhere when they get better. Supply and demand have a symbiotic relationship. It's a very organic thing. If either side becomes malignant, the other side withers. CTD became cancerous, and now they need to be cut out.

And that is exactly market forces at play. When a seller poisons the market for his customers, his customers will seek healthier alternatives. CTD deserves the consequences of their market decisions.

[bmwrdr]

It moved over into an old liquor store across from a Wal-mart on I-30. Called Fort Worth Guns or something like that now. I always laughed seeing people buying ammo in there when you could walk across the street and buy ammo at Wal-mart cheaper.

It's called DFW guns, yes they moved into the old Majestic Liquor store building when they went belly up for not paying their state taxes. It's located at Eastchase & I-30. It's in my neck of the woods but I've never been in there. Seems like they always have a crowd though every time I've driven by.

The one in McKinney sure didn't last long. Like 4 or 5 months?

More than that. I think they opened about two years ago.

[K.Mooneyham]

Well, I'd say that due to their practices, market forces have come back to haunt these folks. Once upon a time, I bought bulk ammo from them, and it was reasonably priced for what I bought. However, every time there was a scare or a run on ammo, they ran the prices up through the roof. Now, scarcity results in higher prices, granted. But these folks were often far beyond what others were charging, and it certainly bred ill will. I'm not sure how they managed to sell at those prices and stay in business. But seeing how they are doing now, maybe it hurt them more than anyone knew at the time. I used to like getting the catalog because it would have some neat stuff in there occasionally. All things come to an end eventually, I guess.

[fickman]

The last thing I ever bought from CTD online was a set of 4 or 5 extra Korean-sourced GI 15 round magazines for my M1 carbine, and that was before the last 2 rounds of ammo scarcity. At first, like everyone else who sells ammo, they charged a higher price when ammo got scarce. But this last time, they raped the ammo market. Now, I'm a capitalist all the way, and I do believe in allowing market forces to determine prices; but I also believe that capitalism works only when it is equitable, and it is equitable only when those with supply do not treat those with demand as chum for a shark-frenzy. In other words, it is OK to demand a higher price when your commodity is scarce, because you might have had to pay a higher price to lay in the inventory, or because you might have had the foresight to buy in vast quantities (which is expensive) because you saw a shortage coming; but it is NOT OK to price it SO highly that you poison whatever good will you had with your market. IF you do that, then your market will remember your tactics when times were tough, and they will spend their dollars elsewhere when they get better. Supply and demand have a symbiotic relationship. It's a very organic thing. If either side becomes malignant, the other side withers. CTD became cancerous, and now they need to be cut out.

And that is exactly market forces at play. When a seller poisons the market for his customers, his customers will seek healthier alternatives. CTD deserves the consequences of their market decisions.

Agree. We saw them cry "capitalism*"when they were gouging the market, and we're seeing "capitalism" make a market correction for CTD not understanding their customer base. Shortages in quantity supplied or shifts in demand do lead to higher prices. We discussed that here many times. Buyer backlash from unscrupulous practices is always the risk of getting too greedy. Firearm and ammo demand is elastic, even during the worst of the shortage. Now that the market has settled back down, full elasticity has been restored.

*They were actually manipulating the market by buying up the stock of other suppliers who were trying to take care of customers, then breaking down bulk packages and selling smaller boxes that were clearly marked "not for resell". They also tried to take advantage of people with cheap firearms priced well above the premium market.

CTD's strategy was short sighted. They separated a lot of novice gun buyers from their money - many of whom were reacting to the panic. In the long, run, however, they didn't realize that those people are not the ones who sustain a firearm business in long term with repeat business, maintenance and accessory orders, and referrals to friends.

[2farnorth]

........The one in McKinney sure didn't last long. Like 4 or 5 months?

I quit working in McKinney in 2011 and it had been open for a while then. Think they opened in 2010.

[surprise_i'm_armed]

Given the insightful assessment by many of its gouging addiction.....

"Cheaper Than Dirt" seems to be a rather ironic name. :-)

SIA

[Rrash]

The last thing I ever bought from CTD online was a set of 4 or 5 extra Korean-sourced GI 15 round magazines for my M1 carbine, and that was before the last 2 rounds of ammo scarcity. At first, like everyone else who sells ammo, they charged a higher price when ammo got scarce. But this last time, they raped the ammo market. Now, I'm a capitalist all the way, and I do believe in allowing market forces to determine prices; but I also believe that capitalism works only when it is equitable, and it is equitable only when those with supply do not treat those with demand as chum for a shark-frenzy. In other words, it is OK to demand a higher price when your commodity is scarce, because you might have had to pay a higher price to lay in the inventory, or because you might have had the foresight to buy in vast quantities (which is expensive) because you saw a shortage coming; but it is NOT OK to price it SO highly that you poison whatever good will you had with your market. IF you do that, then your market will remember your tactics when times were tough, and they will spend their dollars elsewhere when they get better. Supply and demand have a symbiotic relationship. It's a very organic thing. If either side becomes malignant, the other side withers. CTD became cancerous, and now they need to be cut out.

And that is exactly market forces at play. When a seller poisons the market for his customers, his customers will seek healthier alternatives. CTD deserves the consequences of their market decisions.

On the flip side, places like Walmart and Cabelas kept their ammo priced roughly the same as it was before 2012-2013, as did many online stores. Guess where I will still buy my ammo?