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Subject: 
Re: Slim Pickings at Target
Newsgroups: 
lugnet.market.shopping, lugnet.loc.us.fl
Followup-To: 
lugnet.market.theory
Date: 
Wed, 29 Dec 1999 15:05:20 GMT
Reply-To: 
(rsanders@gate.net)nospam()
Viewed: 
903 times
  
Mike Stanley wrote:

As long as most of them don't move, they should drop.  If you're
tempted to buy a few now, don't.  You'll just hold up the price
drops, or possibly stop them entirely.

What you speak of seems to be *very* dependent on the particular store
and their philosophy of markdowns. My local WM-sc seems to be of the
mind "don't clearance it until we have tried ever other way to sell it.
Once we start marking down, do it in rapid increments to get it the heck
out of here". Additional markdowns are not affected by how much has
sold, only by *if* there is any remaining stock to be sold. I watched
6332 Command Post Central sequentially drop in price: $48, $42, $36,
$30, $24 & $15 (I took the last two at $15). At each stage they sold one
or two, finally they reached a price that did the deed.

Ray



Message has 2 Replies:
  Re: Slim Pickings at Target
 
Ray Sanders wrote in message <386A232E.8C1F287E@gate.net>... [ ... snipped ... ] (...) How long did this process take? This also begs the question - how frequently does Target typically drop their prices? I have been to three Target stores in the (...) (25 years ago, 29-Dec-99, to lugnet.market.theory)
  Re: Slim Pickings at Target
 
(...) Yeah, in some cases the store management seems to figure into it. I think the biggest percentage drop I ever saw was ... lemme get the set number ... 6938 Scorpion Detector. $25 retail. About 30-40 of them on the shelf. Dropped to $20, $15, (...) (25 years ago, 29-Dec-99, to lugnet.market.theory)

Message is in Reply To:
  Re: Slim Pickings at Target
 
(...) As long as most of them don't move, they should drop. If you're tempted to buy a few now, don't. You'll just hold up the price drops, or possibly stop them entirely. (25 years ago, 29-Dec-99, to lugnet.market.shopping, lugnet.loc.us.fl)

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