Quote:
Originally Posted by cmitch
You act as though you're surprised. I had an acquaintance who used to work for Zales jewelers. She said they'd stay til about 11:30 at night, marking everything up before their 'sale' the next day. Furniture stores also perform this tactic.
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I also worked retail in my college years, and we frequently marked up prices on items prior to some "once in a lifetime" sale. It was interesting to see items fly off the shelf that wouldn't budge for months prior to the "sale".
I stay away from "liquidation" sales because of this. Almost every store that has one clearly raises their prices.
As more stores close during this depressed economy, this tactic will be prevalent...