When you see a brand-name handbag or laptop being sold on Amazon for well below its retail price, it’s hard to not hit the “Buy” button. But is it a good deal or just a counterfeit in brand-name clothing? [More]
Last year, Amazon tried inventing a holiday all for itself. The day was dubbed “Prime Day,” and it was to be a day full of irresistible sales and promotions for Prime Members. In the end, it was something of a wash. But Amazon, undeterred, is now making it an annual tradition.
Part of the fun of traveling internationally is the chance to live out your dream of being an adult in a literal candy (and booze, and accessory, and food) store: the duty-free shop. These in-airport retailers have long been a go-to for weary travelers looking to pick up, for example, a Toblerone the size of a small car, but a new report suggests that fewer people are actually making purchases after browsing the store shelves. [More]
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.
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]
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]
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]
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]
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]
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]
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]
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]
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]