TV Retailers Tag March Clear-Out Promos to NCAA Basketball Tournament

Retailers hopped on the March Madness train Monday, hoping to accelerate inventory clear-outs before 2017 TVs ship, we found in a scan of e-commerce sites Monday. Abt Electronics was selling Samsung’s 2016 UN65KS8000 65-inch 4K Ultra HD TV at a cart-price of $1,599, below manufacturer’s minimum advertised price, compared with competitors B&H Photo ($1,697), Sam’s Club ($1,699) and Jet.com ($1,697). Best Buy’s “Bracket Busting Savings” included the LG 55UH7700, a 55-inch 4K TV with high dynamic range and webOS 3.0, selling for $300 off to $799. At Target, “Mad” TV deals included a 60-inch Vizio 1080p HDTV, marked down $150 to $599, with a $50 gift card tossed in and an extra $25 gift card for customers who use order pickup in a store; and the LG 65-inch 4K 65UH6030, cart-priced at $899, down from $979, also with the $25 store-pickup gift card.