Tag Archives : discounts

It seems that Thanksgiving knows no recession. Thanksgiving weekend retail sales came up to a whopping total of $41.2 billion, beating the 2008 haul by $1.2 billion. The amount is a .5% increase over last year’s $41 billion. However, ‘the average shopper spent 8% less than in 2008, $343.31 against $372.57.’ Consumers were still wary and cautious [...]

People feel better when they think they are getting a great bargain when they shop. Knowing this, some retailers mark up items above the traditional retail price and then offer a hefty discount. If they had simply discounted the normal retail price by a certain percent, the resulting ‘sale price’ would have been the same. Some retailers say that [...]