7 ms·
I worked in retail sales from 2004-2006 and I remember management ordering us to increase prices on items leading up to big sales. It seemed like fraud and it m
by zeppers 5y ago
I worked in retail sales from 2004-2006 and I remember management ordering us to increase prices on items leading up to big sales. It seemed like fraud and it made me feel icky doing it.
Especially when we would replace labels of an item that cost $99 to say that it cost $139 and was now on sale for $99.
Luckily I haven't had to work in retail since...
- maccard 5y ago> It seemed like fraud and it made me feel icky doing it. In many places, it _is_ fraud (well, illegal but still). In the UK, the higher price must have been offered for 28 days out of the last 6 months.
- mumblemumble 5y agoI suppose you can just pick the slowest 15% of days, then. If a price was randomly jacked up on a Tuesday, but nobody was around to buy it, was it really raised?
- maccard 5y agoMy bad, I misquoted [0] - section 1.2.2 says 28 consecutive days! [0] https://www.legislation.gov.uk/uksi/2005/2705/schedules/made https://www.legislation.gov.uk/uksi/2005/2705/schedules/made
- nickspicer1993 5y agoThis is actually the old law and now you need to prove that the RRP is "realistic" which usually means it has been sold at that price for more than half the time it has been on sale. Source: https://marketinglaw.osborneclarke.com/advertising-regulation/no-more-28-day-rule-pricing-and-promotions-under-the-spotlight/ https://marketinglaw.osborneclarke.com/advertising-regulatio...
- maccard 5y agoThanks, that's good to know!
- pirate787 5y agoThis practice is illegal in the US. https://www.ecfr.gov/current/title-16/chapter-I/subchapter-B/part-233/section-233.1 https://www.ecfr.gov/current/title-16/chapter-I/subchapter-B...
- LargoLasskhyfv 5y agoNullo actore nullus iudex