So NCIX Is Bankrupt.

newtekie1 · Dec 4, 2017

https://www.techspot.com/news/72137-ncix-files-bankruptcy-after-closing-all-retail-stores.html

How did this not make the main page news? They're a pretty big computer hardware retailer.

EarthDog · Dec 4, 2017

I heard about this morning as i was accidently listening to linus...lol

johnspack · Dec 4, 2017

Oh for f sakes NO! My pretty much main supplier up here. I'll be reduced to ebay and even worse newegg. In Canada, that's death, and much more than taxes....
Also upset because I've spent over 20k for myself and others over the years, that I know would have costed 1000s more at those other places. This sucks.

eidairaman1 · Dec 4, 2017

First Frozencpu, now NCIX...

cadaveca · Dec 4, 2017

So, the place that spawn Linus crumbles... is he next? One could hope....

He's fine ,really but... meh. My humor isn't for everyone.

Space Lynx · Dec 4, 2017

cadaveca said:
So, the place that spawn Linus crumbles... is he next? One could hope....

He's fine ,really but... meh. My humor isn't for everyone.

Eh, I think Linus is overrated. He is making the big bucks though, so more power to him. He couldn't even apply thermal paste right in his most recent AMD Threadripper video, so sad I have more skill than him in just about every aspect of PC building (including most of us here on this forum I am assuming). Such is the nature of life.

cadaveca · Dec 5, 2017

lynx29 said:
Eh, I think Linus is overrated.

Honestly, if whatever he does helps sell stuff, I don't care. I like a laugh, and he provides me with many. I honestly think he does a lot as satire but everyone misses it. If that's a fluke, well... that'd be sad.

I stopped using NCIX many years ago because Memory Express opened up local, and had good part selection right on the shelf. Memory Express has expanded a lot recently, so I think they have taken a good portion of NCIX's business; I mean, that easily explains their success and NCIX's downfall. Personally, I preferred NCIX's customer service over Memory Express, but I do also like buying my stuff in person more so this news doesn't come as much of a surprise.

jaggerwild · Dec 5, 2017

Isn't there a US store and a Canadian store, so this is both stores both side of the border?

newtekie1 · Dec 5, 2017

cadaveca said:
Honestly, if whatever he does helps sell stuff, I don't care. I like a laugh, and he provides me with many. I honestly think he does a lot as satire but everyone misses it. If that's a fluke, well... that'd be sad.

I agree. I actually enjoy watching his videos, but not because I'm taking them as serious technical videos. They do stupid shit. I like to watch Motor Trend's Roadkill too. They are serious car guys, doing dumb shit with cards, and it is entertaining. But I'm not going to watch those videos and expect to figure out how to change my oil from them.

jaggerwild said:
Isn't there a US store and a Canadian store, so this is both stores both side of the border?

So far, the only affect of the retail locations. The online business is still functioning, but we don't know for how long.

RadFX · Dec 5, 2017

johnspack said:
Oh for f sakes NO! My pretty much main supplier up here. I'll be reduced to ebay and even worse newegg. In Canada, that's death, and much more than taxes....
Also upset because I've spent over 20k for myself and others over the years, that I know would have costed 1000s more at those other places. This sucks.

Thier deals weren't that great in the past few years anyway. Use www.shopbot.ca

jboydgolfer · Dec 5, 2017

cadaveca said:
So, the place that spawn Linus crumbles... is he next? One could hope....

I guess we need to change that to TWO could hope.

I know I'm not the most politically correct person (not by a damn long stretch) but for the longest time, I genuinely thought he was a tiny, little(angry/excitable lady...(i swear to god i did) obviously it turned out i was wrong(yet again)... now, i know he's actually just a very tiny little squeaky man-boy.....he's essentially the real-life version of what the cartoon "South Park" portrays Canadians to be :laugh:

.

I saw him doing a review (or something) on a video card (if I recall correctly it was an HD6950) it looked like he was holding a goddamn cinderblock, I know it doesn't matter that he's small & squeaky voiced, but I have trouble trusting someone like that. I feel like he's up to something, other than spamming YouTube subscribers for likes.....

Shifty Ellen Degeners

FreedomEclipse · Dec 5, 2017

cadaveca said:
Honestly, if whatever he does helps sell stuff, I don't care. I like a laugh, and he provides me with many. I honestly think he does a lot as satire but everyone misses it. If that's a fluke, well... that'd be sad.

I stopped using NCIX many years ago because Memory Express opened up local, and had good part selection right on the shelf. Memory Express has expanded a lot recently, so I think they have taken a good portion of NCIX's business; I mean, that easily explains their success and NCIX's downfall. Personally, I preferred NCIX's customer service over Memory Express, but I do also like buying my stuff in person more so this news doesn't come as much of a surprise.

I was listening to him on his WAN show (i download it as a podcast) and he goes pretty in depth to as why he left NCIX and about why he wasnt surprised they were bankrupt.... What it boils down to generally is bad management decisions and failure to stay one step ahead of their competitors especially when it came to logistics. I think Linus mentioned that many competitors were adopting a 'click n' collect' option but NCIX for some reason didnt do this and were charging customers $30-50 to have big items like PC cases shipped to them when they could have gone and picked their items up at any branch of NCIX local to them.

In the end The competitors were cheaper in that respect and that was one of the reasons that lead to NCIX's downfall.

I used to be subbed to NCIX's YT channel and the writing on the wall was pretty clear that they were slowly going under as staff kept coming and going

Xzibit · Dec 5, 2017

Disappointed it didn't take the sock with sandals wearer down, but have to applaud his move to leave and what hes made since his departure even though i'm not a fan.

HossHuge · Dec 5, 2017

Worst website ever.

Frick · Dec 5, 2017

cadaveca said:
So, the place that spawn Linus crumbles... is he next? One could hope....

He's fine ,really but... meh. My humor isn't for everyone.

That wasn't humor, just an expression of hope. All well and proper. EDIT: And if you consider that "humor" I can see how you find him funny.

As for the store, never heard of them, speaking as a european.

Jeffredo · Dec 5, 2017

johnspack said:
Oh for f sakes NO! My pretty much main supplier up here. I'll be reduced to ebay and even worse newegg. In Canada, that's death, and much more than taxes....
Also upset because I've spent over 20k for myself and others over the years, that I know would have costed 1000s more at those other places. This sucks.

That's a shame for you. I've heard a lot of people in metro Vancouver rent a box at the UPS store in Blaine or Point Roberts and drive down to pick up packages from US e-tailers shipped there. If you live a good distance from the border that's not feasible.

natr0n · Dec 5, 2017

Linus sucked them dry. A modern day pale bony vampire.

neatfeatguy · Dec 5, 2017

Never set foot in a retail store of theirs, but I have purchased a few items online from them. Had the best price for my Fractal Design Arc XL tower when it was on sale.

Funny thing is, I didn't have the cash to buy the case when it was on sale. When I did have the money a week or so later, the case was no longer on sale, but the price was almost $20 cheaper.

fullinfusion · Dec 5, 2017

jaggerwild said:
Isn't there a US store and a Canadian store, so this is both stores both side of the border?

Yeah they're both the same store. Their stores are in Canada but they do have the US based shipping center. And to be honest I'm surprised it took this long for them to go bankrupt. They turn around for an example sell a video card for 300 US dollars to the Americans. The same store sells to the Canadiens at 500 plus dollars.. they like to cater to the other country rather than their own so Kudos NCIX and good riddance.

xorbe · Dec 5, 2017

newtekie1 said:
So far, the only affect of the retail locations. The online business is still functioning, but we don't know for how long.

Didn't we hear this exact story from TigerDirect ...

newtekie1 · Dec 5, 2017

xorbe said:
Didn't we hear this exact story from TigerDirect ...

Yeah, I wonder how long it will be until Systemax buys the NCIX name...

Hockster · Dec 10, 2017

Is this just for the brick and mortar operations? Their website is still active.

newtekie1 · Dec 10, 2017

Hockster said:
Is this just for the brick and mortar operations? Their website is still active.

Bankrupt doesn't mean out of business. They have closed all of their brick and mortar stores for now, but who knows what the future holds. They will either restructure(possibly to online only), or they will get bought up by another company, or they'll close completely. We don't know what will happen yet.

Cartel · Dec 10, 2017

thank windows 10

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So NCIX Is Bankrupt.

newtekie1

Semi-Retired Folder

EarthDog

johnspack

Here For Good!

eidairaman1

The Exiled Airman

cadaveca

My name is Dave

Space Lynx

Astronaut

cadaveca

My name is Dave

jaggerwild

newtekie1

Semi-Retired Folder

RadFX

jboydgolfer

FreedomEclipse

~Technological Technocrat~

Xzibit

HossHuge

Frick

Fishfaced Nincompoop

Jeffredo

natr0n

neatfeatguy

fullinfusion

Vanguard Beta Tester

xorbe

newtekie1

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Hockster

newtekie1

Semi-Retired Folder

Cartel

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