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Subject: 
Re: FOTY, at least for me.
Newsgroups: 
lugnet.market.shopping
Date: 
Fri, 18 Jan 2002 22:45:25 GMT
Viewed: 
2367 times
  
So you happily cheated Target out of hundreds of dollars in revenue?  Kudos
to you and your ethics.

I for one am not impressed in your veiled theft.

Eric

In lugnet.market.shopping, Renard Graham writes:
> If you saw my posts in the thread "Target Lies and Great Buys"
> 
> http://news.lugnet.com/market/shopping/?n=8840
> 
> I said I would tell the story of my local Target and the Life on Mars 7317.
> 
> Well it all started back around July.  I love to sell on ebay, and having
> just come out of my dark ages last christmas I have found that Legos do well
> on ebay, especially if you can get them on clearance.  I can usually buy
> enough of a set at Target's clearance prices to sell a couple on ebay and
> keep a set for myself and my daughters.  This also helps me with my SO
> because there is little if any money spent on my hobby.  In July I was at
> our local Target looking to see if there was anything on clearance that I
> could sell on ebay and I always visit the Lego Aisle, as Lego is something I
> know and feel comfortable selling.  I happened to be looking at the LOM sets
> when I noticed a shelf tag below the space where a 7317 should have been.
> It read $22.44!!  I was excited to say the least.  I took the shelf tag to
> the scanner and sure enough it scanned at $22.44, only problem was there
> wasn't any sets left.  I was bummed thinking I had missed a great clearance.
> I visited other Targets and they all still had the set for $89.99 no
> clearance.  So I went back and visited our Target weekly.  One day they were
> there and I bought all four of them.  I kept one and sold the rest on ebay
> for a very nice profit.  I or my SO would visit every week and get all that
> they had, and I made some good Christmas money selling these.  One week the
> set was featured in their ad at $79.99 and I figured, surely they will catch
> their pricing mistake, but to my surprise they had a sign on the shelfs
> declaring that their price was lower than the ad!! Surely this should have
> set off a flag somewhere, and I believe it did.  A few weeks later the set
> was repriced to $79.99, and I figured that was the end of a fun ebay selling
> spree.  I had been able to purchase around 20~30 at the $22 dollar price.
> 
> Skip ahead to a few days after Christmas.
> 
> After returning from Christmas at the inlaws I decide to go by my Target and
> see what is in the clearance aisle, looking for any good Lego sets,
> especially the 4561.  My SO and I, kids in tow are walking down the main
> aisle when we get to the clearance aisle and are stunned into laughter when
> we see that one entire side of a toy clearance aisle is stocked with... you
> guessed it 7317s.  I counted over 130 of them just sitting there.  I can
> only figure that their inventory computer saw that they were flying off the
> shelf, nevermind that the price was completely wrong, and kept ordering
> more, and more, until they were stuck with a bunch of these when the price
> went back up.
> 
> Well, I have been patiently waiting for the day that they marked these to
> 75%, and that was yesterday.  My wife had gone by around 3 in the afternoon
> and saw that they had moved to 75%, and was able to score as many as she
> could move through the store, as well as 3 4561s which were not there on
> Wed.  I checked.  I went back two more times that evening and filled up our
> SUV with these sets.  I am hoping to use my profits for our 10th wedding
> anniversary trip.
> 
> Well, that's my story.  Sorry it is so long, don't know if there is a moral
> to it, if any of you can think of it chime in.  Please don't be too hard on
> me for selling my sets on ebay, like I said, I keep one for my daughters and
> me ( OK mostly for me) and make money on the rest.



Message has 5 Replies:
  Re: FOTY, at least for me.
 
(...) Aw, you're just jealous! If they're that stupid, or understaffed, or whatever, to miss that, TOO BAD! They just lost a couple hundred bucks. Boo hoo, not like it's going to break Target or anything. ---SteveR (25 years ago, 18-Jan-02, to lugnet.market.shopping)
  Re: FOTY, at least for me.
 
(...) snip I bought them at the price anybody else walking in could have. Are you suggesting that I shouldn't have bought any, and told them of their mistake in pricing? Maybe, but the way I see it, if they have done something like this they have (...) (25 years ago, 18-Jan-02, to lugnet.market.shopping)
  Re: FOTY, at least for me.
 
(...) I just envy him. Here in Cary NC we had a somewhat similar thing with 5978. They had clearanced them one summer for $15.74. Then in the fall, they showed up on the shelf again, with a regular price of $15.74. I asked a handy employee to scan (...) (25 years ago, 19-Jan-02, to lugnet.market.shopping)
  Re: FOTY, at least for me.
 
(...) Doesn't sound like "veiled theft" to me. Target made a mistake, and Renard just happened to be there to benefit from it. It's not his responsibility to say "Hey, these are supposed to be $80, why are you selling them for $25? You really should (...) (25 years ago, 19-Jan-02, to lugnet.market.shopping, lugnet.off-topic.debate)
  Re: FOTY, at least for me.
 
(...) Well others have said it but I think it bears repeating, I'm not sure I'd characterise taking advantage of a price in the system that the system chose to assign as theft. He did nothing to interfere with Target's knowledge of their prices or (...) (25 years ago, 19-Jan-02, to lugnet.market.shopping)

Message is in Reply To:
  FOTY, at least for me.
 
If you saw my posts in the thread "Target Lies and Great Buys" (URL) said I would tell the story of my local Target and the Life on Mars 7317. Well it all started back around July. I love to sell on ebay, and having just come out of my dark ages (...) (25 years ago, 18-Jan-02, to lugnet.market.shopping)

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