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. [More]
fair and square
Bargain-hunters love the thrill of seeing huge discounts fall off their total at the cash register, but this joy doesn’t necessarily reflect the truth. If a retailer never intended for anyone to pay the original sticker price, was it ever an original price at all? [More]
H. is just an ordinary employee of one city’s flagship J.C. Penney store somewhere in America, but tells us that since the company’s “fair and square” rebranding effort began, things are looking grim. According to H, without coupons to lure them in, the customers just aren’t coming, and quiet layoffs have begun.