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#1
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Caught: Lowes Price Chicanery
I believe Lowes was not playing exactly fair with it's pricing. here
is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Rolls had price sticker of $32s. I put 16 rolls on the flatbed. Got up to register, rang up at 28 bucks per roll. That was supposed to be the "sale price" which reflected the 4 for 3 deal. I am no math genius, but the way I saw it I should have gotten 33% off per roll, and $28 is not 33% off of $32. I asked about this, and they said the price-per-roll in the "computer" was $38 bucks per roll, therefore the 28 bucks per roll reflected the sale price. Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. WHAT I THINK HAPPENED: In anticipation of the 4 for 3 sale, Lowes raised the price of the roll from 32 to 38 bucks, but this store missed marking up the rolls, so they got caught and had to give me the better deal. If that is what they did, they are trying to pull a fast one.. and I am glad I caught them! I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". |
#2
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"Jack" wrote:
I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. snip It is really 25% off not 33%. -- Jim Rusling More or Less Retired Mustang, OK http://www.rusling.org |
#3
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". |
#4
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Of course I guess you could look at it another way. They are giving you all four at 25% off. Guess it works both ways. |
#5
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Normal price for three rolls is $96, but with the 4th free it works out to $24 per roll, not the $25 you paid. Lowes owes you 16 bucks. |
#6
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Depending on how hte ad is written, the first three are at 100%, the fourth one is 0%, or free. If you only buy one, tow, or three, you pay full price., but only after the third do you get the fourth one free. Some states do not allow that type of pricing so a 25% discount would be "fair" for the singles. |
#7
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
Jack wrote:
I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Rolls had price sticker of $32s. I put 16 rolls on the flatbed. Got up to register, rang up at 28 bucks per roll. That was supposed to be the "sale price" which reflected the 4 for 3 deal. I am no math genius, but the way I saw it I should have gotten 33% off per roll, and $28 is not 33% off of $32. I asked about this, and they said the price-per-roll in the "computer" was $38 bucks per roll, therefore the 28 bucks per roll reflected the sale price. Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. You were still screwed, should have been $24. (3*32)/4 = 24 ________________ I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". All stores do it. Yes, your friendly supermarket too. Welcome to the wonderful world of merchandising... -- dadiOH ____________________________ dadiOH's dandies v3.06... ....a help file of info about MP3s, recording from LP/cassette and tips & tricks on this and that. Get it at http://mysite.verizon.net/xico |
#8
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"Jack" wrote in message WHAT I THINK HAPPENED: In anticipation of the 4 for 3 sale, Lowes raised the price of the roll from 32 to 38 bucks, but this store missed marking up the rolls, so they got caught and had to give me the better deal. If that is what they did, they are trying to pull a fast one.. and I am glad I caught them! I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". This is a verypossible scenario. Supermarkets do it al the time. I watch the prices of items we buy on a regular basis and often they re increased for the sale. The sale may still be less that normal, but not as much as stated. Look at tools or electronics on Amazon.com. They offer a 40%, 50% or even more discount off of the "list" price, not what it really sells for at any other retail store. |
#9
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
wrote in message oups.com... Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Normal price for three rolls is $96, but with the 4th free it works out to $24 per roll, not the $25 you paid. Lowes owes you 16 bucks. Michigan has a 6% sales tax. |
#10
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"YYZedd" wrote in message nk.net... "YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Of course I guess you could look at it another way. They are giving you all four at 25% off. Guess it works both ways. It doesn't work both ways. I think the problem is that you think "Buy 3 and get one free" indicates that the deal applies to 3 rolls of insulation. It applies to 4. A 33% discount is what you get if you buy two and get one free (for a total of 3). A 25% discount is what you get if you buy 3 and get one free (for a total of 4). A 20% discount is what you get if you buy 4 and get one free (for a total of 5). If you buy 16 rolls at $32/roll and then get a 33% discount (we'll skip sales tax for now), you should be charged $341.33. If you were to buy 12 rolls at $32/roll (and got 4 free as advertised), you'd be charged $384. If you were to buy 16 rolls at $32/roll and then got a 25% discount on the lot of them, you'd also pay $384, which works out to $24/roll. With sales tax, you should have paid $407.04 for the 16 rolls you had on the cart, which works out to $25.44/roll. Lowe's was right. You were not cheated. |
#11
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"dadiOH" wrote in message news:jdFGg.5938$hP6.5192@trnddc04... Jack wrote: I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Rolls had price sticker of $32s. I put 16 rolls on the flatbed. Got up to register, rang up at 28 bucks per roll. That was supposed to be the "sale price" which reflected the 4 for 3 deal. I am no math genius, but the way I saw it I should have gotten 33% off per roll, and $28 is not 33% off of $32. I asked about this, and they said the price-per-roll in the "computer" was $38 bucks per roll, therefore the 28 bucks per roll reflected the sale price. Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. You were still screwed, should have been $24. (3*32)/4 = 24 $24 * 1.06 = $25.44 If he paid $25/roll then he actually owes Lowe's $0.44 per roll. I'm assuming he was just approximating the $25. ________________ I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". All stores do it. Yes, your friendly supermarket too. Welcome to the wonderful world of merchandising... |
#12
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"TakenEvent" wrote in message ... "YYZedd" wrote in message nk.net... "YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Of course I guess you could look at it another way. They are giving you all four at 25% off. Guess it works both ways. It doesn't work both ways. I think the problem is that you think "Buy 3 and get one free" indicates that the deal applies to 3 rolls of insulation. It applies to 4. A 33% discount is what you get if you buy two and get one free (for a total of 3). A 25% discount is what you get if you buy 3 and get one free (for a total of 4). A 20% discount is what you get if you buy 4 and get one free (for a total of 5). If you buy 16 rolls at $32/roll and then get a 33% discount (we'll skip sales tax for now), you should be charged $341.33. If you were to buy 12 rolls at $32/roll (and got 4 free as advertised), you'd be charged $384. If you were to buy 16 rolls at $32/roll and then got a 25% discount on the lot of them, you'd also pay $384, which works out to $24/roll. With sales tax, you should have paid $407.04 for the 16 rolls you had on the cart, which works out to $25.44/roll. Lowe's was right. You were not cheated. My apologies. Jack was not cheated. Whether or not YYZed was cheated, I cannot tell. |
#13
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"TakenEvent" wrote in message ... "YYZedd" wrote in message nk.net... "YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Of course I guess you could look at it another way. They are giving you all four at 25% off. Guess it works both ways. It doesn't work both ways. I think the problem is that you think "Buy 3 and get one free" indicates that the deal applies to 3 rolls of insulation. It applies to 4. A 33% discount is what you get if you buy two and get one free (for a total of 3). A 25% discount is what you get if you buy 3 and get one free (for a total of 4). A 20% discount is what you get if you buy 4 and get one free (for a total of 5). If you buy 16 rolls at $32/roll and then get a 33% discount (we'll skip sales tax for now), you should be charged $341.33. If you were to buy 12 rolls at $32/roll (and got 4 free as advertised), you'd be charged $384. If you were to buy 16 rolls at $32/roll and then got a 25% discount on the lot of them, you'd also pay $384, which works out to $24/roll. With sales tax, you should have paid $407.04 for the 16 rolls you had on the cart, which works out to $25.44/roll. Lowe's was right. You were not cheated. Actually, after rereading the original post, I have determined that Jack got a better deal than he may think. If the original price was $38/roll, Jack should have paid $28.50 per roll, for a total of $456. The confusion comes from the $32 price tag. Either way, Jack got the best possible price. Lowe's gave Jack the advertised discount off the sticker price on the insulation. Had he received the discount off of the price in the computer, he would have paid a total of $483.36. Paying attention to the difference between the sticker price and the computer price saved Jack $76.32. Lowe's did right by Jack, but only after he spoke up. |
#14
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
TakenEvent wrote:
"TakenEvent" wrote in message ... "YYZedd" wrote in message nk.net... "YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Of course I guess you could look at it another way. They are giving you all four at 25% off. Guess it works both ways. It doesn't work both ways. I think the problem is that you think "Buy 3 and get one free" indicates that the deal applies to 3 rolls of insulation. It applies to 4. A 33% discount is what you get if you buy two and get one free (for a total of 3). A 25% discount is what you get if you buy 3 and get one free (for a total of 4). A 20% discount is what you get if you buy 4 and get one free (for a total of 5). If you buy 16 rolls at $32/roll and then get a 33% discount (we'll skip sales tax for now), you should be charged $341.33. If you were to buy 12 rolls at $32/roll (and got 4 free as advertised), you'd be charged $384. If you were to buy 16 rolls at $32/roll and then got a 25% discount on the lot of them, you'd also pay $384, which works out to $24/roll. With sales tax, you should have paid $407.04 for the 16 rolls you had on the cart, which works out to $25.44/roll. Lowe's was right. You were not cheated. Actually, after rereading the original post, I have determined that Jack got a better deal than he may think. If the original price was $38/roll, Jack should have paid $28.50 per roll, for a total of $456. The confusion comes from the $32 price tag. Either way, Jack got the best possible price. Lowe's gave Jack the advertised discount off the sticker price on the insulation. Had he received the discount off of the price in the computer, he would have paid a total of $483.36. Sale prices aren't supposed X% off a fictional price stored in a computer. They're supposed to be X% off the price the customer would be paying in the absence of a sale. That's the sticker price. If there wasn't a sale at all, the price on the sticker was $32, the cashier charged $38, and the cashier said that that what was in the computer, I'd ask to see the manager on the spot. If the manager's response was that it was a case of "confusion" caused by my relying on the sticker price, and that the price in the computer was the real price, I'd leave the store. The case when a sale is involved is no different. |
#15
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"Harlan Messinger" wrote in message ... TakenEvent wrote: "TakenEvent" wrote in message ... "YYZedd" wrote in message nk.net... "YYZedd" wrote in message nk.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Of course I guess you could look at it another way. They are giving you all four at 25% off. Guess it works both ways. It doesn't work both ways. I think the problem is that you think "Buy 3 and get one free" indicates that the deal applies to 3 rolls of insulation. It applies to 4. A 33% discount is what you get if you buy two and get one free (for a total of 3). A 25% discount is what you get if you buy 3 and get one free (for a total of 4). A 20% discount is what you get if you buy 4 and get one free (for a total of 5). If you buy 16 rolls at $32/roll and then get a 33% discount (we'll skip sales tax for now), you should be charged $341.33. If you were to buy 12 rolls at $32/roll (and got 4 free as advertised), you'd be charged $384. If you were to buy 16 rolls at $32/roll and then got a 25% discount on the lot of them, you'd also pay $384, which works out to $24/roll. With sales tax, you should have paid $407.04 for the 16 rolls you had on the cart, which works out to $25.44/roll. Lowe's was right. You were not cheated. Actually, after rereading the original post, I have determined that Jack got a better deal than he may think. If the original price was $38/roll, Jack should have paid $28.50 per roll, for a total of $456. The confusion comes from the $32 price tag. Either way, Jack got the best possible price. Lowe's gave Jack the advertised discount off the sticker price on the insulation. Had he received the discount off of the price in the computer, he would have paid a total of $483.36. Sale prices aren't supposed X% off a fictional price stored in a computer. They're supposed to be X% off the price the customer would be paying in the absence of a sale. That's the sticker price. If there wasn't a sale at all, the price on the sticker was $32, the cashier charged $38, and the cashier said that that what was in the computer, I'd ask to see the manager on the spot. If the manager's response was that it was a case of "confusion" caused by my relying on the sticker price, and that the price in the computer was the real price, I'd leave the store. The case when a sale is involved is no different. Are you supposed to be refuting or disagreeing with something I posted? The store (eventually) charged Jack based on the sticker price, which was the correct thing to do as it was, in fact, the sticker price and it was also the lower of the two. Other than Jack's misconception about there being a 33% discount, he was much less confused than Lowe's. It must be said, though, that once the discrepency was brought to their attention, Lowe's handled it as they should have. The real question is whether Lowe's then relabeled all the insulation, changed the price in the computer, or did nothing after Jack left. It wouldn't be that difficult to figure out if the insulation is regularly priced at $32 or $38. If Jack was up to it, he could send a buddy in to buy some insulation to see just how Lowe's handled it. |
#16
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
Note from Jack (original poster)
Knowing full well I was not a Mathmetician, and standing in the aisle at Lowes at 9:30pm after a hard day, and debating with myself whether it was 25% off, or 33% off.. and finding it possible to make an internal argument for both.. I finally figured out through good old fashioned common sense what I should have paid: I was buying 16 rolls. with a 4 for 3 deal I should have been paying for 12 rolls. I multiplied 12 times the sticker price(+tax), and decided that is what I should have paid. The "percent off" was irrelevant at that point. I showed my math to the store manager, he concured, and gave it to me for that price. As I said I was using aproximate numbers, since I don't have reciept with me. I left satisfied. The local store folks did the right thing, my post was about whether the folks at corporate level had raised the price, just to then offer a "sales price". |
#17
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
TakenEvent wrote:
"Harlan Messinger" wrote in message ... TakenEvent wrote: Actually, after rereading the original post, I have determined that Jack got a better deal than he may think. If the original price was $38/roll, Jack should have paid $28.50 per roll, for a total of $456. The confusion comes from the $32 price tag. Either way, Jack got the best possible price. Lowe's gave Jack the advertised discount off the sticker price on the insulation. Had he received the discount off of the price in the computer, he would have paid a total of $483.36. Sale prices aren't supposed X% off a fictional price stored in a computer. They're supposed to be X% off the price the customer would be paying in the absence of a sale. That's the sticker price. If there wasn't a sale at all, the price on the sticker was $32, the cashier charged $38, and the cashier said that that what was in the computer, I'd ask to see the manager on the spot. If the manager's response was that it was a case of "confusion" caused by my relying on the sticker price, and that the price in the computer was the real price, I'd leave the store. The case when a sale is involved is no different. Are you supposed to be refuting or disagreeing with something I posted? I was taking issue with your statement that "the confusion comes from the $32 price tag", which I interpreted to mean that $38 really was the number to be used in the calculation, and that the use of $32 was a mistake owing to confusion caused by the price tag. If I misunderstood, sorry. |
#18
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"Harlan Messinger" wrote in message ... TakenEvent wrote: "Harlan Messinger" wrote in message ... TakenEvent wrote: Actually, after rereading the original post, I have determined that Jack got a better deal than he may think. If the original price was $38/roll, Jack should have paid $28.50 per roll, for a total of $456. The confusion comes from the $32 price tag. Either way, Jack got the best possible price. Lowe's gave Jack the advertised discount off the sticker price on the insulation. Had he received the discount off of the price in the computer, he would have paid a total of $483.36. Sale prices aren't supposed X% off a fictional price stored in a computer. They're supposed to be X% off the price the customer would be paying in the absence of a sale. That's the sticker price. If there wasn't a sale at all, the price on the sticker was $32, the cashier charged $38, and the cashier said that that what was in the computer, I'd ask to see the manager on the spot. If the manager's response was that it was a case of "confusion" caused by my relying on the sticker price, and that the price in the computer was the real price, I'd leave the store. The case when a sale is involved is no different. Are you supposed to be refuting or disagreeing with something I posted? I was taking issue with your statement that "the confusion comes from the $32 price tag", which I interpreted to mean that $38 really was the number to be used in the calculation, and that the use of $32 was a mistake owing to confusion caused by the price tag. If I misunderstood, sorry. I could have just as easily said it the other way around. Perhaps I should have said that the confusion comes from the discrepancy between the two prices. |
#19
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
On 08/22/06 10:36 am Jack wrote:
Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. I have often been very grateful for this Michigan law, especially at Best Buy, where I have often found items on the shelf with price stickers considerably lower than the currently advertised price (in addition to other identical items priced higher than the currently advertised price). I think that they must affix price stickers reflecting the price when the stock arrives or when it is put on the shelf, even when it's only a "temporary price drop" (or whatever term BB uses), and they forget to change the stickers later. I've saved big bucks on such things as hard disks (especially since BB seems to have abandoned mail-in rebates in favor of instant rebates). But in general, yes, I think that all stores sometimes raise the "original price" from which they are offering a discount. Perce |
#20
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Caught: Lowes Price Chicanery
"Percival P. Cassidy" wrote in message ... On 08/22/06 10:36 am Jack wrote: Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. I have often been very grateful for this Michigan law, especially at Best Buy, where I have often found items on the shelf with price stickers considerably lower than the currently advertised price (in addition to other identical items priced higher than the currently advertised price). I think that they must affix price stickers reflecting the price when the stock arrives or when it is put on the shelf, even when it's only a "temporary price drop" (or whatever term BB uses), and they forget to change the stickers later. I've saved big bucks on such things as hard disks (especially since BB seems to have abandoned mail-in rebates in favor of instant rebates). But in general, yes, I think that all stores sometimes raise the "original price" from which they are offering a discount. Perce Having worked in retail for over 25 years, I can tell you that it is common practice. Especially at Sears. And watch out for the sale prices when a store closes. Was working at a Sears Hardware when they were closing most of them. They hired a "close out specialty" firm to handle the closing. Almost all items were cheaper the day before the close out started. I was discussing this with the man who was handling the sale. I mentioned that I had lived in Arizona when the Home Base chain went out of business and the state and the media had a field day with the way they had actually raised prices instead of lowering them. He said he was familiar with that as that was were he got his start doing the closeouts. As P.T. Barnum said..... Tom G. |
#21
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
"Jack" wrote in message
ups.com... I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. No, you buy three you get three and they give you a 4th no additional cost. It is 0% off the first three and 100% off the last one. If you use strict pricing then if you buy two you get nothing off if you buy three you are entitled to a forth one free, but if you only want three then you pay full price for the three. If you by any number devisable by four then you get 25% off what the total would have been without the sale. -- Joseph Meehan Dia duit |
#22
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Caught: Lowes Price Chicanery
Here in Canada, Sears got hauled into court, for selling tires at a discount
off a "regular price" that they could not prove that they ever sold one tire at. They were convicted and had to pay a huge fine. "Jack" wrote in message ups.com... I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Rolls had price sticker of $32s. I put 16 rolls on the flatbed. Got up to register, rang up at 28 bucks per roll. That was supposed to be the "sale price" which reflected the 4 for 3 deal. I am no math genius, but the way I saw it I should have gotten 33% off per roll, and $28 is not 33% off of $32. I asked about this, and they said the price-per-roll in the "computer" was $38 bucks per roll, therefore the 28 bucks per roll reflected the sale price. Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. WHAT I THINK HAPPENED: In anticipation of the 4 for 3 sale, Lowes raised the price of the roll from 32 to 38 bucks, but this store missed marking up the rolls, so they got caught and had to give me the better deal. If that is what they did, they are trying to pull a fast one.. and I am glad I caught them! I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". |
#23
Posted to alt.home.repair
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Caught: Lowes Price Chicanery
On Tue, 22 Aug 2006 15:08:30 GMT, "YYZedd"
wrote: "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price No, it's 3 items at the full price. Total price 300% of the cost of one. 4th one "free", freee for someone who bought 3. So 4 for 300% of the cost of one. The average price for each one 300%/4 - 75%. 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". |
#24
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Caught: Lowes Price Chicanery
EXT wrote:
Here in Canada, Sears got hauled into court, for selling tires at a discount off a "regular price" that they could not prove that they ever sold one tire at. They were convicted and had to pay a huge fine. Here in Ohio (south of Canada) I worked at Lazarus department store back in the good days when a Lazarus family member ran the show. On day over 30 years ago the word came down that the law had changed and regular price had to be a price at which a real sale had taken place. Anyone responsible for allowing an add to run or sign displayed that violated this rule would be an ex-employee. There were a few close calls, but we played it clean. We may have recommended a product that we would not have normally as it might not have been a good buy at the regular price, but we knew that it was going on sale the following week and we would call to let the customer know they could have a refund of the difference. However the case in point, Lowes was correct. -- Joseph Meehan Dia duit |
#25
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Caught: Lowes Price Chicanery
Jack wrote:
I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". Yeah, I bought more electrical stuff than I needed. Took the overage back to Lowes. They gave me $11.30 for $8.20 worth of stuff. When I called it to their attention, they carefully examined the original receipt and the return voucher. They concluded that the price of the stuff I was returning went UP in the intervening week. "Keep the change," they said. |
#26
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Caught: Lowes Price Chicanery
raising prices right before a % off sale has been going on forever
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#27
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Caught: Lowes Price Chicanery
On Tue, 22 Aug 2006 15:15:06 GMT, "Edwin Pawlowski"
wrote: "YYZedd" wrote in message ink.net... "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Depending on how hte ad is written, the first three are at 100%, the fourth one is 0%, or free. If you only buy one, tow, or three, you pay full price., but only after the third do you get the fourth one free. Some states do not allow that type of pricing so a 25% discount would be "fair" for the singles. And if you do buy 3, it would be nice if they reminded you that you could get 4 without paying any more. -- Mark Lloyd http://notstupid.laughingsquid.com "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well armed lamb contesting the vote." - Benjamin Franklin |
#28
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Caught: Lowes Price Chicanery
"Jack" wrote in message I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Rolls had price sticker of $32s. I put 16 rolls on the flatbed. Got up to register, rang up at 28 bucks per roll. That was supposed to be the "sale price" which reflected the 4 for 3 deal. I am no math genius, but the way I saw it I should have gotten 33% off per roll, and $28 is not 33% off of $32. I asked about this, and they said the price-per-roll in the "computer" was $38 bucks per roll, therefore the 28 bucks per roll reflected the sale price. Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. WHAT I THINK HAPPENED: In anticipation of the 4 for 3 sale, Lowes raised the price of the roll from 32 to 38 bucks, but this store missed marking up the rolls, so they got caught and had to give me the better deal. If that is what they did, they are trying to pull a fast one.. and I am glad I caught them! They still got you. Forget percentage. Buy 3, get 1 free was the ad. Price per advertised "marked" roll was $32 per, times you bought 12 rolls, you get 4 free = $384.00 They charged you $25 per roll times 16= $400.00 You over paid $16.00 |
#29
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Caught: Lowes Price Chicanery
In article . com,
Jack wrote: ...snipped... Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. ...snipped... I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". By my arithmetic, "buy 3, get one free" is 25% off. Even so, 25% of $32 should still have been $8 off. -- Larry Wasserman Baltimore, Maryland |
#30
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Caught: Lowes Price Chicanery
In article et,
YYZedd wrote: "Jim Rusling" wrote snip It is really 25% off not 33%. 3 items at normal price X .25 = 75% of the normal price 3 items at normal price X .333 = 99.9% of the normal price (call it 100%) Therefore the first three are really at 33% off making the 4th one "free". Well, really, if the sale was described as the OP said, the first 3 were at their regular price, and the 4th was free. If you bought 5 or 6 rolls, the 5th & 6th would still be at regular price, right? -- Larry Wasserman Baltimore, Maryland |
#31
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Caught: Lowes Price Chicanery
"Monty" wrote in message . .. "Jack" wrote in message I believe Lowes was not playing exactly fair with it's pricing. here is what happened, you decide(prices rounded off for simplicity, and since I left receipt with exact prices at home): Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. Rolls had price sticker of $32s. I put 16 rolls on the flatbed. Got up to register, rang up at 28 bucks per roll. That was supposed to be the "sale price" which reflected the 4 for 3 deal. I am no math genius, but the way I saw it I should have gotten 33% off per roll, and $28 is not 33% off of $32. I asked about this, and they said the price-per-roll in the "computer" was $38 bucks per roll, therefore the 28 bucks per roll reflected the sale price. Fortunately Michigan has pretty strict "item pricing" consumer law, and if a price tag is affixed to an item the store must charge that price, regardless of what the "computer" says the price should be. Once I pointed it out manager was very good, charged me 25 bucks per roll and I left satisfied, but suspicious. WHAT I THINK HAPPENED: In anticipation of the 4 for 3 sale, Lowes raised the price of the roll from 32 to 38 bucks, but this store missed marking up the rolls, so they got caught and had to give me the better deal. If that is what they did, they are trying to pull a fast one.. and I am glad I caught them! They still got you. Forget percentage. Buy 3, get 1 free was the ad. Price per advertised "marked" roll was $32 per, times you bought 12 rolls, you get 4 free = $384.00 They charged you $25 per roll times 16= $400.00 You over paid $16.00 The 25 bucks includes sales tax. He didn't overpay. |
#32
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Caught: Lowes Price Chicanery
wrote in message ... In article . com, Jack wrote: ...snipped... Needed insulation, went to Lowes because a newspaper ad said they had a special "buy 3, get one free" That is 33% off. ...snipped... I would be interested to hear if anyone else has examples of Lowes raising prices in order to then offer "sale prices". By my arithmetic, "buy 3, get one free" is 25% off. Even so, 25% of $32 should still have been $8 off. As it was. |
#33
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Caught: Lowes Price Chicanery
"TakenEvent" wrote The 25 bucks includes sales tax. He didn't overpay. Actually, I missed the OP's other post where he said "I was buying 16 rolls. with a 4 for 3 deal I should have been paying for 12 rolls. I multiplied 12 times the sticker price(+tax), and decided that is what I should have paid. The "percent off" was irrelevant at that point." Which is the same I was implying. |
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