Thursday, April 24, 2014

The Dirty Secret of Black Friday 'Discounts'

Retailers like J.C. Penney Co. who try to get out of the game get punished. "I don't even get excited unless its 40% off," said Lourdes Torress, a 44-year-old technical designer, as she browsed the sale racks at Macy's Inc.'s flagship store in New York on a recent afternoon. The number of deals offered by 31 major department store and apparel retailers increased 63% between 2009 to 2012, and the ...

Source: http://news.yahoo.com/dirty-secret-black-friday-discounts-021216903.html

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