We after Christmas shopped Macy’s and Penny’s today (26Dec). Some shoppers, decent numbers but no crowds. Why? Well there were lots of 20 to 50 pct off signs, but the prices were high. Saw a nice sweater, polyester and made in China, for $109 before sale discount.
Polyester and Made in China and $109?! Got to be kidding. Drop it 50 pct and the customer is still probably paying twice wholesale.
Polyester and Made in China and $109?! Got to be kidding. Drop it 50 pct and the customer is still probably paying twice wholesale.
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It’s an old ploy, mark it skyhigh and sell it half off. Forty years ago someone was in the office where I worked with a flyer offering tires at fifty percent discount and with a tread wear and puncture guarantee. They seemed to think it was a good deal until I pointed out that the list price was more than double what I had ever paid for a tire, in fact the company had never even attempted to sell a tire at that price and the guarantee was prorated against the list price, a little math quickly showed that anyone taking advantage of the guarantee would actually pay more for the replacement tire than they had paid for the initial tire purchase which was far too high to begin with even after the fifty percent discount off list.