[Coco] Radio shack layoffs, store closing, etc... Goodbye, and thanks for the memories?

[Ken Flanagan]

Actually a big chunk of stuff didn't get sold in the stores. There was
stuff in my local Dollarama that had come from Target (staff told me this).

On Mar 8, 2017 7:49 AM, "William Astle" <lost at l-w.ca> wrote:

> On 2017-03-08 08:27 AM, Steve C. wrote:
>
>> I went to our local Radio Shack "going out for business" sale last
>> weekend,
>> and left with nothing after seeing the appalling prices. 20% off of a $120
>> BB-8 when the same toy sells at Target for $79 is not exactly evidence of
>> a
>> fire sale, more that they plan on gouging as many fools as possible as
>> they
>> go down in flames. Circuit Writer pen that sells elsewhere for $14 was $20
>> at the Shack.
>>
>>
> That's exactly what Target's "going out of business" sale in Canada looked
> like. They barely had things discounted. Yet they somehow managed to sell
> things off. (Target did not understand the Canadian market and severely
> mismanaged their expansion into it a few years back. And then failed
> miserably and pulled out.)
>
> Alas, most people see "20% off" and assume it's a deal rather than
> comparing the resulting price after the discount. Basically exploiting
> psychology there. Thing is, they don't need vast thundering herds coming
> through to make that work. They just need to fool just enough people to
> liquidate what stock they have.
>
>
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