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 14:00:42 GMT
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Reply-To:
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RSANDERS@GATE.nomorespamNET
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Viewed:
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599 times
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Mike Walsh wrote:
>
> Ray Sanders wrote in message <386A232E.8C1F287E@gate.net>...
>
> [ ... snipped ... ]
>
> >
> > 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
>
> How long did this process take?
My best recollection is several weeks. I think they were wrangling the
price twice a week or so. The current round (mentioned in .shopping
yesterday) should be most interesting. They have little freed-up shelf
space from xmas. There were two shopping carts of new stuff sitting
there yesterday. They are literaly dumping the old stuff to make room
for the new stuff. There is supposed to be a shelf re-org coming in
January, but in the mean time, they are making do. I'll make visits
every other day to observe and mine.
Ray
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Message is in Reply To:
 | | Re: Slim Pickings at Target
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| 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 (...) (24 years ago, 29-Dec-99, to lugnet.market.theory)
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