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Amazon Needs Math Lessons
Brian shopped for a webcam on Amazon and faced this confounding pre-checkout screen. He writes: It’s wrong on so many levels. First they say regular price is 79.99 and you get a discount of $60.00....
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Buy The Two-Pack And Save -$.53!
Jared spotted this dubious deal at his local Walmart. You can get a bottle of Old Spice high endurance body wash for $2.97, or the two-pack for $6.47. There should be a bulk discount, right? Nope,...
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Why Haven't Broadband Prices Dropped?
Ten years ago, 5% of the country had access to broadband Internet. Now over 95% of the country has access. In other technology markets, notes the authors of a new study, prices tend to drop...
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JCPenney Switching To Priceless Catalogs
When JCPenney killed off its traditional Big Book catalog last year, the result was a drop in sales on its website, says the retailer’s chairman. Based on that successful strategy–wait, what?–JCPenney...
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Hold On To Your Wallets, 3D TVs Are Going To Be Getting Cheaper
A little bit of pricing news out of CES: LG told Dow Jones Newswires that their 3D TVs will be getting cheaper by 20% this year, as “production costs have been dropping with improved technology.”...
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Starbucks CEO Laughs At The Notion That His Coffee Costs $5
Katie Couric recently interviewed Starbucks CEO Howard Schultz on CBS Sunday Morning and asked him if he thought the company had a “tin ear” to what people were going through with the recession....
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Walmart Eating Cost Increases On Food So You Can, Well… Eat
Walmart is absorbing some price increases on products like food, rather than passing them along to consumers. The chain plans to continue keeping its prices down across the board to goose sales,...
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Family Dollar Tries To Compete With Target By Stealing Its Math
No retailer will ever come close to Target in the realm of fuzzy math: sale prices that are higher than regular ones, volume discounts that cost you more for buying large quantities of an item, and...
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Kohl’s Cash Isn’t Much Of A Deal When Nothing Is On Sale
Just in time. Kohl’s is the land of never-ending sales: nearly everything in the store is on perpetual markdown, and no list price is what it seems to be. But reader Mike was annoyed recently when he...
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Put A Bird And A Price Tag On It: Fuzzy Math In The Wild
Usually, retailers lower the price of an item per unit when you buy more of it. For example, a gallon of juice costs much less per unit than a single-serving bottle. When this system falls apart, and...
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Walmart Weather Radio Pricing Less Awful Than It Appears
Reader N. was shopping in the weather station section at Walmart when he noticed something odd. Hanging on the same rack were two different variations on the same weather radio. You could buy the radio...
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Walmart Doesn’t Advertise Their Roll-Forward Pricing
Walmart is famous for lowering prices and calling them “rollbacks,” but sometimes the opposite happens, too. Reader Ben spotted this example of roll-forward pricing at his local Walmart on a clearance...
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Price Tags Might Be A Strange 150-Year Anomaly In The History Of Commerce
(Chad Small)In the past, most recently in 2013, Coca-Cola has experimented with the idea of vending machines that adjust prices according to the temperature. The idea really bothers some people, but...
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Kohl’s To Pay Nearly $1M To Settle Allegations It Overcharged Customers In...
(Daniel Oines) Kohl’s Corporation must shell out nearly $1 million to settle lawsuits with four California counties over allegations the company charged customers more than the price advertised on...
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E-Book Prices Increase, Sales Slump After Amazon & Publishers Finalize Contracts
Just three months after Amazon tied up its bevy of contracts with top publishing houses, it looks like those deals might not be working out well for several companies, as they’ve reported declining...
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Target Will Price-Match 29 Competitors’ Websites
Beginning tomorrow, October 1, Target will price-match the websites of 29 major retailers in stores and for purchases from their website. These include the usual big names that you might expect, like...
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CEO Who Hiked Price Of Drug By Over 5400% Arrested In Unrelated...
Three months after Turing Pharmaceuticals entered the spotlight by buying the rights to a generic drug used to save lives and dramatically increased the price from $13.50 to $750, the company’s CEO...
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Study Shows Women Pay Significantly More Than Men For Virtually The Same...
It’s expensive being a woman, literally. At least according to a new study that found women will spend thousands of dollars more than men over the course of their lives on products that are...
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Universal Studios Hikes Ticket Prices Before Opening Of “Harry Potter”...
A month after Universal Studios said it would implement a surge pricing structure for pre-order tickets that offers discounts for customers visiting on off-peak days. The Comcast-owned company...
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Why Is Aldi Covering Actual Prices With Confusing “Lower Price” Stickers?
When you’re in the supermarket and see a big, loud “Lower Price” sticker covering up an everyday price and showing a discount of anywhere from $.20 to $5, you’d expect that the price being covered up...
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