Mimi Zidan owns the Lucky Mart in Pekin, IL, where a pricing mistake resulted in a mob of gas thirsty customers, rushing to take advantage of pumps that were dispensing gas for only $0.35 per gallon. You’d think she’d be upset about losing so much money, but she’s not.
Reader Albert says he took this photo at his local Walmart in Olathe, Kansas. As you can see, Walmart has set a trap for people who love hot dogs and hate math.
Local 6 news in Central Florida is accusing Walmart of setting their prices for sugar and other “staples” by demographic — charging more in stores where the population isn’t as wealthy as other neighborhoods. Walmart’s spokesperson claims to be offended by this accusation.
A Walmart insider tells us that the price of cellphone chargers nearly doubled on orders from Walmart HQ in the wake of Hurricane Ike. Before the hurricane, chargers cost from $10-$15, but afterwards, they rose to a uniform $19.
Conventional thinking says that you should buy based on better unit price, but Target knows this and has figured out a way to trick you. On the left is a name brand joint-strengthener, on the right, Target’s generic. Going just by unit price, Target looks like the better deal. But let’s see what’s going on on the back label…
Macy’s marketing department doesn’t seem to understand either third-grade math or what it means to walk and chew gum.
Kraft is making money by raising prices. Forbes reports, “Kraft said price increases, which were a response to rising commodity costs, accounted for more than 7.0% of the revenue gain.” [Forbes]
“When AT&T provides broadband service by speed, it will do so in discrete, non-overlapping tiers,” Quinn said in written testimony. “We will strive to provide service within the speed tier purchased by the customer and, if we find that we are not providing service within the ordered speed tier, AT&T will take action either to bring the customer’s service within the ordered tier or give the customer an option to move to a different tier.”
Gavin wants to know what’s up with Target’s deodorant pricing.
Let’s say, hypothetically, that a regular latte at Starbucks costs $2.65. Let’s say that there’s a separate menu item posted called “Vanilla Latte” and it costs $2.95. Let’s also say that a regular latte with “syrup” (vanilla, for example) is $2.65 plus $0.30, or $2.95. Why then does a “Vanilla Latte” cost reader Jayne $3.25?
The U.S. Coca-Cola market just isn’t what it used to be — bottler Coca-Cola Enterprises’ profit fell 23% due to commodity costs and sluggish U.S. sales. The solution? Raise prices. You can expect battled Coke to cost a little more after labor day.
Reader Luke noticed that the grocery shrink ray mercilessly zapped his bottle of White Rain shampoo– but mysteriously left the “33% more” label untouched. 33% more than… what exactly?
Procter & Gamble has announced that you will pay more for your Tide and Head & Shoulders and all their other consumer products. P&G is raising prices by as much as 16% on “fabric, home and hair care, bar soaps, and health and shaving products.” P&G is the manufacturer of popular brands such as Gillette and Ivory soap.
Andrew writes in to let us know that he’s started to look more carefully at prices when shopping at Target… and so far it’s saved him $0.61 on ketchup…
Please just leave AOL alone! AOL is raising their dial-up internet access prices by $2 for everyone who refuses to promise not to call technical support.
If you’re in a cinema which gives you a choice between buying a medium bag of popcorn and a large tub of popcorn, there’s a greater-than-50% chance that the medium bag will actually contain more popcorn than the large tub.
The grocery shrink ray continues firing unabated, this time scoring a direct hit on Dawn soap. Reader Courtney reports that Dawn containers, once a proud 740 ml, have now shrunk to a mere 650 ml—a loss of 90 ml of bleach-alternative cleanliness!