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Subject: 
Re: KB Toys settles lawsuit, offers 30% off
Newsgroups: 
lugnet.general, lugnet.market.shopping, lugnet.market.theory
Followup-To: 
lugnet.market.shopping, lugnet.market.theory
Date: 
Mon, 13 Oct 2003 05:31:16 GMT
Viewed: 
19 times
  
See also this thread in market.theory --
http://news.lugnet.com/market/theory/?n=2547

Reference:
http://www.kbtoys.com/help/legalnotice.html/ls/default

http://www.suntimes.com/output/news/cst-nws-toys12.html


KB Toys settles lawsuit, offers 30% off

October 12, 2003

BY STEPHANIE ZIMMERMANN Consumer Reporter

Consumers who shopped at KB Toys and were hooked by price tags that seemed
to offer unusually steep markdowns can benefit from a settlement in a
class-action suit against the retailer.

Without admitting any deception, KB Toys has agreed to refund $3 million to
consumers by offering 30 percent discounts on any toy purchase of $30 or
more through this Tuesday. Consumers do not have to provide receipts of
previous KB purchases; the discount is open to anyone. The 30 percent
discount does not apply to gift cards, video game systems or video game
cartridges.

The lawsuit alleged that the chain posted grossly inflated "reference
prices" next to the KB prices on items in its stores, falsely implying that
the KB price was much lower than an ordinary price.

One example was the Disney's Baby Mickey Musical Touch 'n Crawl toy, which
had a "$29.99" price tag crossed out with a red line and replaced with
$9.99.


Just a few more days left of this sale event.

Normally, I don't waste time going to KBToys even though there is one I pass by
regularly.  But I stopped two days before the sale began to scope out the Lego
situation and was back there first thing the day the sale began.

Selection was paltry as usual for KBToys retail locations here in New York
State, so I bought some stuff and left the junk behind.  With the 30 percent
discount taken in addition to red-tag markdowns I was able to realize between 45
and 60 percent off normal retail prices.  I had a few $3.00 off coupons from
Lego for the new Make and Create and managed to get some copies of set 4100 at
50% off.  The store clerk did not know if he could accept coupons, but he
cheerfully removed $3.00 off the price of those items anyway.

A check of the KBToys website a few days ago did NOT show any signs of offering
this 30% discount on the web.  Too bad since the website offers almost the
complete assortment of current Lego retail items.


__Kevin Salm__
LUCNY


I got my discount Lego at KBToys.  Now get yours.....



Message is in Reply To:
  KB Toys settles lawsuit, offers 30% off
 
(URL) Toys settles lawsuit, offers 30% off October 12, 2003 BY STEPHANIE ZIMMERMANN Consumer Reporter Consumers who shopped at KB Toys and were hooked by price tags that seemed to offer unusually steep markdowns can benefit from a settlement in a (...) (21 years ago, 12-Oct-03, to lugnet.general)

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