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Message Board > Miscellaneous > Thief of Hearts - any thoughts? ( Moderated by Deepika, EleanorSews, CynthiaSue)

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Thief of Hearts - any thoughts?
Macy's underhanded pricing scheme
Heatherrique
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Heatherrique  Friend of PR
CA USA
Member since 6/27/06
Posts: 140
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Date: 8/27/11 12:29 PM

I purchased this pretty pair of tri-colored hearts earrings for my daughter last week.



The "original" price was $200, then they went on clearance for $74.50 and with an additional 20% coupon, they became $59.60. But the price ticket looked strange:




Then when I lifted this sticker, much to my dismay:



I think this is a form of price-gouging, even if the price of tri-color gold supposedly doubled in value. I will definitely bring to the attention of the jewelry department of my nearby Macy's.

Any thoughts?

------
Sewed ~663.25 yards since 2000, ~ 132 yards in 2009, ~ 80 yds in 2010, ~ 99 yards in 2011, ~56.5 yards in 2012, ~53.25 yards in 2013

"If opportunity doesn't knock, build a door." Milton Berle
sewspiciousmindful.blogspot.com

skae
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skae  Friend of PR
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MN USA
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In reply to Heatherrique


Date: 8/27/11 12:34 PM

that is a scam. Our prices on jewelery just went up 10% . That is a 50% up up up up and away!!!!!!!!!. At least you could say you paid full price for them with the coupon.

------
Galatians 5:22-23 The Spirit produces love, joy, peace, patience, kindness, goodness, faithfulness, humility, and self-control. There is no law against such things as these

SexiSadi
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In reply to Heatherrique


Date: 8/27/11 1:07 PM

I noticed something weird like that the other day at Khols. It wasn't with jewelry, but with purses, I think. The price tag had a manufacturer tag with a price of like 39.99. Khols put their 49.99 tag right over it. They didn't even really try to hid the lower price.

------
http://theramblingsoftcm.blogspot.com/
Numbers for 2013:
Yards in stash: 606.25
Yards in: 22.75
Yards out: 10.50

Numbers for 2012:
594.00 yards in stash
4 yards in
10.25 yards out

Numbers for 2011:
601.25 yards in stash (I'm sure this number is off by a few yards)
Yards in: 137.50 (Seriously? I'm over 100, and it's only JULY? Ugh!)
Yards out: 88.75

Heatherrique
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Heatherrique  Friend of PR
CA USA
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Posts: 140
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Date: 8/27/11 1:23 PM

I just got ahold of the manager of the jewelry/handbag/accessories department. "No, it's not a scam (which I told her directly what I saw seemed like)...". She sounded apologetic and explained that they were directed to increase the prices, which is a "nationwide" thing and that not just jewelry was affected. I kindly told her that doubling the original price to obtain the "new original" price did not sit well with me.

------
Sewed ~663.25 yards since 2000, ~ 132 yards in 2009, ~ 80 yds in 2010, ~ 99 yards in 2011, ~56.5 yards in 2012, ~53.25 yards in 2013

"If opportunity doesn't knock, build a door." Milton Berle
sewspiciousmindful.blogspot.com

Jacqui315
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Jacqui315  Friend of PR
Intermediate
WA USA
Member since 3/1/06
Posts: 865

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Date: 8/27/11 2:07 PM

I noticed this at Target over a year ago. They use to put the price on their tags and I noticed new stickers over the tags. I've noticed now that tags no longer seem to have prices on them. More convinient to raise prices with only changing one sign than each individual piece. They use to price things based on what it cost to make plus mark up. While I get marking up new items, I don't like that they mark up existing items. I get that their overhead costs increase but so do ours. Just because gas costs double what it did when I bought my car doesn't make my car more valuable. JMHO

------
http://sweetnotions.blogspot.com/

NanJones

NanJones  Friend of PR
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TX USA
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Date: 8/27/11 6:03 PM

There's been stories about this on the news.

Elona
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In reply to Heatherrique


Date: 8/27/11 6:09 PM

I think you ought to check California state law. I'm not up to date on this, but a friend who works in retail told me that it used to be illegal here to paste stickers over the existing price. She said you had to put the current sticker on the naked base of the tag or whatever. And you couldn't just line out the original price and write the new, higher price over it, either.

Things might have changed, but it's worth looking into.

skae
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skae  Friend of PR
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MN USA
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Date: 8/27/11 6:52 PM

in my store we have to take the tickets off and put new one's on.

------
Galatians 5:22-23 The Spirit produces love, joy, peace, patience, kindness, goodness, faithfulness, humility, and self-control. There is no law against such things as these

dresscode

dresscode  Friend of PR
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FL USA
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Date: 8/27/11 7:03 PM

I love stores that overprints a sale price on the original tag! It's a psychological ploy....Nordstrom does this during their special sales ( not so much regular markdowns). Legally, they have to tell you that price will go up after a certain date.

Macy's was involved in a huge "false sale" scheme back in the 90's.

Belk Stores don't have a rack in the store, barely,, without a 30-40% off sign.

I think it's ok to price at whatever they want....but false sale pricing really bothers me. If it never offered at the original price, then it was never a true market price.

Your situation is a complete flip on this problem.
-- Edited on 8/27/11 7:04 PM --

mastdenman
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mastdenman  Friend of PR
Intermediate
CA USA
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Date: 8/27/11 8:02 PM

The price of gold has skyrocketed in the past year. Macy's probably wanted to cash in on the trend.

------
Marilyn

January 2009 to January 2010 81 yards out and 71yards in January 2010 to the present 106.7 yards out and 146.5 yards in. January 2011 to the present: 47 yards out and 69 yards in.

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