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Patch Asks: Sneaky or Smart Business Practice?

An area retailer reportedly marks up prices before they go on sale.

 

Next time a retail store advertises a big sale, check the price tag to see if it's really a deal.

Kohl's stores in Maryland and Virginia are marking up prices before they go on sale, according to WJLA—the DC affiliate of ABC.

The price of a Vera Wang sheet set originally marked $89.99 is now $149.99 before it goes on sale for 60 percent off, the TV station reported.

Kohl's responded to the report saying that changes to the original prices were made infrequently and that their prices are determined by the company's merchandise buyers.

"Kohl's does not raise “regular” or “original” prices on a short term basis just for purposes of offering deeper discounts during a future sales event," Kohl's wrote in its  response to ABC7. 

Read Kohl's full response and the full story on ABC7's website.

If true, is this a sneaky or smart business practice?

Lezlie Crosswhite June 27, 2012 at 02:57 PM
I keep a notebook in my purse with grocery store prices in it. So when I shop, I can check to see if that BOGO is a good deal. Most of the time, BOGOs are good. But obviously you only save money if it is something you are going to use.
Susan Kim June 27, 2012 at 05:40 PM
Bed Bath & Beyond loves to send out those 20% off coupons but when things are marked up way more than that, you're not saving a damn thing. Into the recycling bin they go.
Theresa Defino June 27, 2012 at 06:10 PM
What do you mean "marked up way more than that?" Wouldn't it be impossible for a store to mark up everything, which is what the coupons is used for? When was BBB accused of marking up items prior to a sale (and in your case, you are saying prior to the use of a coupon)?
Derek Hale June 27, 2012 at 07:30 PM
But.........if something IS on sale at Bed Bath and Beyond, they take even expired coupons. I know. I just made a purchase of several items and used a coupon for every one of them (11 coupons total, I think 10 of them expired). Be a smart shopper though, some of the coupons are $5 off and most are 20% off so watch which one might be a better deal for you depending on what you are buying.
Theresa Defino June 28, 2012 at 12:44 AM
Derek, those coupons are great. I just didn't want to see BBB smeared...and I have no financial interest in the company. Just a shopper. The point is if stores engage in deceptive practices they should face enforcement actions, not just cynicism from consumers who expect to be ripped off and don't care about accountability. Wal-Mart is the worst (in like 1,000 ways).

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