Regular readers of our site are familiar with Target Math: that’s when a retailer sells an item in bulk, but it somehow ends up costing more to buy a larger quantity than a smaller one. Maybe it’s time to invent a new type of math: JCPenney math, where items on sale are even more on sale than they appear.
Is that confusing? Let’s clarify with an illustration, thanks to reader Paul:
Half of $26 is $12. Got it.
Now, now, we know that JCPenney is just getting used to offering sales again after their “Fair & Square” pricing policy didn’t work out. This isn’t quite what the company’s critics mean by “fake sales,” though.