[Spridgets] WOW

[David Booker]

I too went into the local Circuit City during the "empty the store" Sale and
was amused at the prices.  Actually, I was a bit upset as I had gone out of my
way to go to the place.  Half the shelves were empty, much of what was left
had been opened, all was at what seemed to be regular everyday prices if not a
bit higher.  Didn't buy a thing, but there were long lines of lemmings at the
registers grasping their "bargains".
 - David

--- On Fri, 5/29/09, David Lieb <72spridget at gmail.com> wrote:


From: David Lieb <72spridget at gmail.com>
Subject: Re: [Spridgets] WOW
To: "Spridgets" <spridgets at autox.team.net>
Date: Friday, May 29, 2009, 9:38 AM


> This is an  old story.  The classic textbook example is when some big NY
> department store decided to sell cosmetics for a realistic price, which was
> 10 cents or something like that at the time.  It did not sell because
people
> don't really buy cosmetics, per se; they buy self-image and hope.

OTOH, when Circuit City closed its stores, they brought in an outside
company to sell off the remaining merchandise. Everything got marked
up to MSRP+ before they discounted it. In the later throes of the
feeding frenzy, I found that I could buy some of the same stuff
elsewhere for less money (not on sale, either) WITH a warranty and the
option to return it. Stupid sells. The one who names their price first
loses.
David Lieb
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