Subject:
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Re: Slim Pickings at Target
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Newsgroups:
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lugnet.market.theory
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Date:
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Thu, 30 Dec 1999 10:03:56 GMT
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Viewed:
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937 times
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Larry Pieniazek wrote:
> In lugnet.market.theory, Mike Walsh writes:
>
> > How long did this process take? This also begs the question - how
> > frequently does Target typically drop their prices?
>
> I don't know the answer to that, but there is a GMLTCer that might. Her hubby
> is a Dayton-Hudson exec.
I'm not a Dayton-Hudson exec, but in the last three years, the usual drop speed
has been once every two weeks, on a Monday. So look on 3 or 4 January, and they
may have gone down again--but they may not.
> I do want to add that there is a certain digit (digging around here will tell
> you which, I think it's 4) which means that Target isn't going to drop it any
> farther. If the last digit of the price is 4 cents, that's it. Only local
> intervention is gonna do it. And I don't think Target managers have much
> authority. They are about the best retailer out there in their segment, so
> everything is figured out in advance.
The digit in question is a 4. The final price drop level now seems to be 70%
off. They really don't flex on price, either--I've noticed that as well.
Wal-Mart is much more willing to wheel'n'deal.
best,
LFB
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Message is in Reply To:
 | | Re: Slim Pickings at Target
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| (...) I don't know the answer to that, but there is a GMLTCer that might. Her hubby is a Dayton-Hudson exec. I do want to add that there is a certain digit (digging around here will tell you which, I think it's 4) which means that Target isn't going (...) (25 years ago, 29-Dec-99, to lugnet.market.theory)
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