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Look for 20% to 50% off sales at Levitz Furniture stores as the chain shuts down for good. All sales will be final. [WSJ]
sales
Avoid In-Store "Finance Traps" When Buying An HDTV
By 12.12.07
Several retailers are offering special deals on expensive HDTVs this season—things like no payments until x date or zero percent financing—but PC World cautions that they’re not always the bargains they appear to be. Their advice: “Cash is always best. If you need a special promotion to buy an HDTV, you can’t afford it.”
Newegg Honors Canceled PayPal Promotion Transactions
By 12.11.07
A couple of weeks ago, several online retailers ran a poorly managed PayPal promotion that offered sizable discounts. For Newegg, the three-day sale instead lasted less than a day, at which point Newegg was yanked from the participating retailers list on PayPal’s promotions page. But Newegg is going back and making good on orders that were in process when the deal was pulled, according to a reader who forwarded us Newegg’s email.
CompUSA Will Close All Stores After Holidays
By 12.8.07
Last Tuesday, based on industry-insider information provided “on background,” we told you that this could be coming, and here it is: CompUSA announced Friday it will close all its stores after the Christmas shopping season. So to all you doubters, we offer a rousing, “nyah, nyah.” Rumor of the impending shutdown was also given to The Boy Genius Report via a leaked internal Best Buy memo.
By 11.25.07
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Good work consumers, you spent $10.3 billion on Black Friday – an 8.3% increase from last year. Degree-holding pessimists forecast that sales would rise only 4 to 5 percent. [AP]
Identify And Resist Pressure To "Buy Now"
By 11.19.07
Wikiow has an interesting entry on resisting sales pitches. Most of the stuff is the fundamentals, but we think this maxim always bears repeating:
By 11.2.07
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Walgreens is doing very well for itself. Same store sales up 6.9%. Do you like Walgreens, or did everyone get a cold at the same time? [Reuters]
By 10.30.07
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Amazon will supposedly sell a unspecified but large number of Wii game consoles on Wednesday, October 31st at 10 am PDT (1 pm EDT). [NintendoWiiFanboy]
Home Depot's Clearance Sale: Everything 0% Off!
By 10.22.07
Yellow stickers at Home Depot indicate a clearance sale. Except at the store in Somersworth, New Hampshire, where yellow stickers mean 0% off.
Can A Confusing Sales Pitch Trick You Into Buying Something?
By 9.14.07
An article due out in the October issue of the Journal of Consumer Research studies a sales technique called “disrupt-then-reframe,” in which the sales person initially tries to confuse the potential customer, then restates the sales pitch in a more familiar way. By reframing the sales pitch in a more familiar way the consumers natural defenses are weakened and the consumer becomes more susceptible to the sales pitch. So, can you be confused into buying something? Yes. And it’s not even very difficult to do.
Southern California Home Sales Sink To 15-Year Low Forcing "Blow-Out" Sales Of New Homes
By 9.13.07
Bad news for Southern California; home sales in August dropped to a 15-year low according to the LA Times. Sales plunged 36% from last year and 71% of Southern California zip codes are reporting declines in housing prices.
Pending Home Sales Plummet 12% In July
By 9.5.07
“The housing market is bad and is going to stay bad for some time,” said Zach Pandl, an economist at Lehman Brothers Holdings Inc. in New York, who predicted a 3 percent drop. “This number does not look good for existing home sales for August.”
iTunes DRM-Free Music Selling Like Crazy?
By 6.20.07
According to the Inquirer, sales of “Pink Floyd’s Dark Side of the Moon increase by between 272 and 350 percent… OK Go’s Oh No increased 77 per cent. Coldplay’s A Rush Of Blood To The Head jumped 115 percent.”
$4 Gas? So What? Sales of SUVs Up 25%
By 6.15.07
According to Bankrate sales of SUVs are up 25% from this time last year. Wait, weren’t we all buying Priuses because we can’t afford $4 gas? Nope.
Why Most People In Multi-Level-Marketing Schemes Lose Money
By 6.4.07
This chart shows how a typical Multi-Level-Marketing (MLM) operation sustains itself by ripping off the entry-level salespeople. Most of each of sales commission flows upwards, or to the “uplinks.” Additionally, there may be entry costs, like Cutco reps who have to buy their $150 demo kit.
Ritz Camera Or Scamera? An Interview With A Former Employee
By 6.1.07
Before you shop at Ritz Camera, you’ll want to read inside about what a disgruntled ex employee terms:
RUMOR: CompUSA To Close 50 More Stores In 6 Months
By 5.18.07
A CompUSA insider tells us there’s a rumor floating around that CompUSA may be closing another 50 stores within 6 months. Like before, Gordon Brothers Liquidators would handle the pureeing.
8 Confessions Of A Ritz Camera Sales Employee
By 5.16.07
Apparently there are still some people who buy electronic and camera items in real-world-stores and sometimes they go to Ritz Camera.
