Walmart Urging Customers To “Cut The Cable” With Promo

Walmart Urging Customers To “Cut The Cable” With Promo

While cutting the cable cord might seem like a way to stick it to multibillion-dollar companies like Comcast and DirecTV, cord-cutting is also a potential goldmine for retailers eager to sell you the tools you’ll need to snip that traditional pay-TV umbilical.  That’s why Walmart is pushing this new generation of products with a “Cut the Cable” promotion.

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Nicholas Eckhart

Target Asks Suppliers To Pay More For Sales And Promos

Target has a lot of merchandise sitting around, and they want some help getting it out of stores and into shoppers’ carts. Who are they asking to help? Suppliers say that the discount retailer is asking them to take on more of the costs of marketing products, which cuts into their own profit margins and is an expense that suppliers hadn’t counted on. [More]

Trish P.

Starbucks Gives Permission For Miami Bakery To Serve Coffee Again

Even though some city streets have multiple Starbucks on the same block, the coffee colossus doesn’t like it when someone other than Starbucks serves up hot caffeinated beverages nearby.  After three years of battling Starbucks, a Miami bakery has finally earned the right to serve something other than drip coffee to its customers. [More]

Laura Northrup

Let’s Check Out An Actual Store-Closing Sale At A Sports Authority Store

We always tell readers not to rush out to store-closing sales until later on, if at all, since the deep discounts and brightly colored signs hide discounts that aren’t that great. Over the holiday weekend, Consumerist stopped by a Sports Authority store to find out how the store-closing sale is going. What we learned: there isn’t a big market for University of Georgia Christmas sweaters in upstate New York, especially in late May. [More]

Listener42

Stores Are Crammed With Unsold Merchandise, Especially Clothes

Here’s some great news for bargain-hunters, if not necessarily for retailers: dismal sales numbers from national retailers have experts worried about the future of American malls. Low sales numbers mean stores crammed with inventory that will have to be put on sale. That could boost total sales numbers, but hurt profits. [More]

Why Is Aldi Covering Actual Prices With Confusing “Lower Price” Stickers?

Why Is Aldi Covering Actual Prices With Confusing “Lower Price” Stickers?

When you’re in the supermarket and see a big, loud “Lower Price” sticker covering up an everyday price and showing a discount of anywhere from $.20 to $5, you’d expect that the price being covered up would be the original, higher amount. That’s why some Aldi shoppers are confused about why the discounted price on the sticker is the same as the price it’s covering up. [More]

(Mark Clifton)

Former JCPenney CEO: Should Have Stayed With My Plan Despite $6B Loss

Former JCPenney CEO Ron “No Sales Here” Johnson may have cost the retailer $6 billion in sales during his tenure, but the executive believes his plan could have turned around the company, eventually.  [More]

Tesla Can Continue Selling Cars Straight To Consumers In Indiana For At Least A Year

Tesla Can Continue Selling Cars Straight To Consumers In Indiana For At Least A Year

Electric car-seeking Indiana residents can still buy their new Tesla without having to go out of state, at least for the time being. State senators have tabled a bill that would have banned the carmaker from selling vehicles under its current, often controversial, straight-to-consumer business model.  [More]

JCPenney Will Actually Be Selling Some Items For A Penny

JCPenney Will Actually Be Selling Some Items For A Penny

Not so long ago, JCPenney was pushing the idea of “No More Sales,” hoping to attract shoppers with everyday low prices. That didn’t work, and now the retailer is going in the completely opposite direction with upcoming promotions where it intends to sell things for just a single penny. [More]

We Can Blame Ron Johnson For The Wave Of ‘Perpetual Sale’ Lawsuits, Maybe

We Can Blame Ron Johnson For The Wave Of ‘Perpetual Sale’ Lawsuits, Maybe

In the last few years, consumers, usually based in California, have been filing lawsuits against retailers and their outlet stores alleging that “suggested” and “original” prices on items are pretty much just pulled out of the air. Seeing the amount or percentage that we saved is thrilling for some shoppers, but those “original” prices were never official prices. Whose fault is this? Former JCPenney CEO Ron Johnson, maybe. [More]

Here’s What You’ll Find On Sale In February

Here’s What You’ll Find On Sale In February

Our deal-crunching colleagues down the hall at Consumer Reports maintain a national calendar of deals, which tracks which items are on sale during which months so you can plan your spending accordingly. What can you find on sale in February? You should be looking for indoor furniture (especially mattresses), winter clothing, and humidifiers. [More]

Tesla Applied For A Dealership License In Michigan

Tesla Applied For A Dealership License In Michigan

Michigan residents keen on purchasing a Tesla may no longer have to travel to Chicago, Ohio, Indiana, or Canada: Tesla has applied for dealership licenses to sell and service its electric vehicles in the state nearly two years after legislators passed laws banning the company’s direct-to-customer sales model.  [More]

JCPenney Testing Appliance Sales By Creating An “Emotional Connection” With Women

JCPenney Testing Appliance Sales By Creating An “Emotional Connection” With Women

Nearly 30 years after JCPenney discontinued selling ovens, refrigerators, washers, and the like, the retailer is once again dipping its toes into the appliance business, this time with a focus on targeting female shoppers.  [More]

Lawsuit Accuses Fiat Chrysler Of Paying Dealers To Falsify Sales Reports

Lawsuit Accuses Fiat Chrysler Of Paying Dealers To Falsify Sales Reports

Each month for the past six years Fiat Chrysler has reported gains in sales. But a new lawsuit accuses the carmaker of conspiring with dealers to inflate U.S. sales, casting a shadow of doubt over those impressive numbers. [More]

Victoria’s Secret Giving Away $70 Workout Pants When You Buy $30 Sports Bras

Victoria’s Secret Giving Away $70 Workout Pants When You Buy $30 Sports Bras

Usually, when someone offers a “Buy X, Get Y Free” deal, Y is something that costs the same or less than X. But that is apparently not the case for a deal currently being offered by Victoria’s Secret.  [More]

Chipotle’s Sales Took A Deeper Dive Than Previously Expected Amid Food Safety Issues

Chipotle’s Sales Took A Deeper Dive Than Previously Expected Amid Food Safety Issues

It’s safe to say that Chipotle’s year is off to a rough start. Today, the company announced that it had received a subpoena from a grand jury looking into the circumstances surrounding a norovirus outbreak in California, and then it disclosed another bit of not-so-great news to investors: sales this quarter are down even more than analysts predicted in November. [More]

kenfagendotcom

For Reasons Good And Bad, 2015 Was A Big Year For McDonald’s

By now you’ve probably heard that McDonald’s may have managed to turn years of slumping sales around by offering customers the ability to munch on an Egg McMuffin (or biscuit, if you live in the right place) after 10:30 a.m. But before the company ultimately went the all-day breakfast route, it tried a lot (we mean a lot) of other ideas in 2015 in an attempt to claw its way back to the top of the fast food restaurant pyramid. [More]

Hoverboard Catches Fire At Texas Mall, Federal Safety Officials Record 22 Explosions In 17 States

Hoverboard Catches Fire At Texas Mall, Federal Safety Officials Record 22 Explosions In 17 States

Even as the holidays wind down, so-called “hoverboards” continue to be a hot ticket at retailers and shopping malls around the country. One such busy mall happened to be in Texas where a self-balancing scooter caught fire, marking it just one of dozens of fires reported to federal safety officials in recent months.  [More]