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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (87717)	11/22/2004 11:31:08 AM
From: haqihana	Read Replies (1) \| Respond to of 793859

CB, In retail, they call those bargains "loss leaders". The sole purpose of using them is to get customers in the store with the expectation that they will buy other goods that generate a profit.

To: Ilaine who wrote (87717)	11/22/2004 2:03:01 PM
From: LindyBill	Read Replies (1) \| Respond to of 793859

Do they deliberately charge lower prices than they mean to stick with when they come into a market in order to get business? No, they go with the prices for the area. Costco/Sams/Wal-Mart are all about the same. The oldest "conspiracy" bit on chains started with A&P. They were accused of lowering prices below cost then raising them after they had run everybody else out of business. Study after study shows this never happened. But it is good grist for the anti-capitalism mill.