“Your activity on our site indicates that you are trying to circumvent our restrictions by submitting multiple orders,” said the letter that Macy’s sent to reader Janet. What was she doing? Buying up loss leaders to resell? Taking advantage of a pricing error for her own profit? No…her crime was placing two separate orders for lip gloss from their website. [More]
Courtney was on a mission. It’s her job to find things for people at low prices, and then buy them in large quantities. For example, one day she learned that beauty chain Ulta had Big Chi Digital Hair Irons, which usually cost $169.99, on clearance for $49.99. Score! One of her clients wanted these, and there were twenty-seven of them in stock. Now, “Clearance” should mean that the store is trying to clear out stock, and should be happy if someone comes along and scoops up everything on the shelf. Right? Not at Ulta. They’d rather not sell items at all than sell them to Courtney by the cartful. [More]
One month ago, Verizon Wireless’s CFO hinted in an interview that the company might follow AT&T’s lead and replace unlimited data plans with tiered ones. Now Engadget is reporting that the switch might come on July 29th. Because this is just a rumor so far, there’s no word yet on whether Verizon will offer the same 200 MB / 2 GB split as AT&T or whether it will grandfather in existing unlimited customers. [More]
While it’s true that the laws of physics limit how many toppings one really can put on a pizza, reader Andrew in Austin was still amused to read this ad for Gatti’s which features “unlimited” toppings with a limit of five toppings.
How are you spending the long weekend? If you’re one of 2,000 Arizona Federal Credit Union customers affected in a Visa security breach, we hope you weren’t planning a trip out of state.
Dan wrote in to let us know his $8,800 GEICO Mastercard now has a $500 line of credit. “It’s not you, it’s us,” is basically what GEICO told him in their letter on March 12th. They also say they’re doing this to every one of their Mastercard holders. Dan notes, “Interestingly enough, this new limit is less than the 6 month rate GEICO was charging me for my two cars, meaning that I couldn’t even use their preferred card to pay their premiums.” You can read their letter below.
AT&T’s one-iPhone-per-customer rule lasted only one day before the company went back to its three-per-customer policy. Apparently they found some more iPhones in the back. [Information Week]
Reader Dave said he was shopping with his friend (male) at Walmart, searching for the coveted Nintendo Wii. He was happy to find that Walmart had 7 or 8 of the consoles in stock — enough for both he and his friend to purchase one. Walmart, however, had other ideas. Dave says that Walmart wouldn’t let he and his friend each purchase a Wii because they were “together.” First they’re rationing rice and now men are forced to share their video games? What’s going on in America, folks?
Media conglomerates are preparing to feast on a banquet of local media outlets thanks to a resurrected proposal from FCC Chairman Kevin Martin. The Chairman wants to relax decades-old rules that bar media companies from owning both a newspaper and TV or radio station in the same local market. A similar proposal was presciently struck down three years ago by the Third Circuit Court of Appeals.
“Currently, a company can own two television stations in the larger markets only if at least one is not among the four largest stations and if there are at least eight local stations. The rules also limit the number of radio stations that a company can own to no more than eight in each of the largest markets.
The continuing subprime meltdown is leading jittery creditors to reduce cardholder credit limits at the first sign of trouble. According to a recent survey, up to 75% of banks are cutting credit limits to minimize their exposure to risk. The move can adversely affect credit scores, which are determined by considering the percentage of available credit used. From the Chicago Tribune:
A change can stem from late payments of any kind, a drop in your credit score or the addition of new lines of credit. Bryan found out limits on three cards were actually cut after he took out a home equity loan to pay off some debt.
FCC Chairman Kevin J. Martin circulated the proposed ownership cap to other commissioners Monday, said Rudy Brioche, a legal advisor to Commissioner Jonathan S. Adelstein.