A class-action lawsuit that accuses JCPenney’s of violating consumer protection laws by using deceptive discount practices received the go-ahead from a federal judge on Tuesday. [More]
Tim’s got discount prices, Eric’s got premium prices. No, they’re not selling goods and services at discount and premium prices, they are selling actual prices. “Get $39.99, for forty dollars!” Adult Swim’s Tim and Eric parody discount super-stores and crappy local ads. NSFW for crude gestures, sexual remarks, and a horse beheading a man. [More]
A new book out by Ellen Ruppel Shell, Cheap: The High Cost of Discount Culture, is getting all kinds of rave reviews. Shell takes as her argument a rather counterintuitive idea: that cheap goods and services are anything but. One dollar t-shirts end up costing a lot more when you factor such purchases’ ripple effects.
Eli Lansey took photos of recent Icon Parking ads on NYC subway cars and posted them on his blog. They promise customers “$10 for up to 10 hours” of parking at various lots in the city. Wow, that’s a good price! On the same ad they have a help wanted section that says they’re looking for employees, “no experience necessary.” Ah.
Mr. Nguyen knows that you can get a cheaper cable bill just by asking, and he did just that. What he did not ask for was to be signed up for a contract plan because of this discount, and he especially would have preferred to be told this before he received a big nasty warning. His letter, inside.
You may be broke, but Aldi isn’t! As consumers cut back, more of them are shopping at deep discount stores like Aldi. The German-owned grocer usually doesn’t advertise, but the economic slowdown is helping business, and Aldi is investing in a few commercials.
The inflation rate for prescription drugs—currently at 1 percent for the past 12 months—is at its lowest ever recorded in the past three decades, and some are speculating that Wal-Mart’s popular $4 generic drugs program is helping drive the costs down across the market.
That first trip to the college bookstore for textbooks is a transformative, and possibly scarring, event–for many people, it may be the first time you really understand the phrase “sticker shock.” But today’s students at least have some alternatives, the most popular of which (based on reader comments, articles, and personal recommendations) is abebooks.com. Our cousin, a junior this year, writes, “One book I’m buying this semester is 70 on Amazon, but like 25 or 35 on Abe.”
This formula has generated fierce loyalty among both shoppers and workers while rewarding long-term investors…the company also has managed to make discount shopping fashionable for affluent Americans by offering fine wines, books and big-screen televisions at low prices, and staples such as paper towels and razor blades in bulk.
Snip from the Stay Free! blog: