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5 Discount Stores That Are More Expensive Than You Think
Old 02-23-2015, 04:06 PM   #1
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5 Discount Stores That Are More Expensive Than You Think

Will probably come as no surprise that these well known discount stores aren't necessarily cheaper (WalMart, Target, Dollar General, Amazon Prime, Kohl's). They all deploy the time honored tradition of loss leaders and making up the difference on other items (it's probably not time/cost effective to drive around). I assume Costco could have just as easily been included.

5 Discount Stores That Are More Expensive Than You Think

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Though it caters to the fashion-forward shopper rather than the self-identified thrifty one, Target sells many of the same products as Walmart. In fact, 80% of the merchandise sold in Target and Wal-Mart is identical, according to Charles Fishman, author of The Wal-Mart Effect. The two stores also offer the same discounts. A recent comparison by Bloomberg Businessweek found only a 46 cent difference between the two retailers per $100 of purchases. You'll save those 46 cents at Target, the analysis found, although Walmart usually wins independent price comparisons.
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Old 02-23-2015, 07:21 PM   #2
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I assume Costco could have just as easily been included.
I would not assume that. Costco charges its membership fee and then a flat % markup on each item it carries. My guess is that is a different approach than the stores mentioned in the article.

That's not to say Costco is always cheaper. I have found items cheaper at other stores on several occasions.
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Old 02-23-2015, 07:42 PM   #3
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That's not to say Costco is always cheaper.
5 Things Cheaper at Costco and 5 Things Cheaper at Sam's

14 Things Not to Buy at Warehouse Clubs
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Old 02-23-2015, 07:46 PM   #4
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Interesting that $50 - $49.95 = $0.15 savings with Amazon Prime. Maybe someone needs to check the math before publishing. Evidently that data came from a Geekwire article.

I always like to check camel camel camel to see where the prices have been at Amazon on an item I am considering.
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Thus, my new hobby in ER.........
Old 02-23-2015, 08:33 PM   #5
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Thus, my new hobby in ER.........

shopping garage sales, yard sales, and estate sales. So many items I used to buy in discount stores can be found for a tiny fraction of the cost when there's time to poke around and sort through other people's stuff on a Sat. AM.

Favorites: fabric; notions; gift wrap; ribbon; note cards; disposable plates, cups, napkins, flatware; books; CD's; scarves; designer purses.......and often brand new, unopened items that I might have bought at a store at the usual "discounted" price.

By simply changing my locale for "browsing," I can carry a $20 bill around for a morning and still come home with full shopping bags and change in my pocket.

No guilt. Just a sense of "winning the hunt"!

(Though, of course, there are many items one wouldn't find at these sales. Must still head to WalMart, Target, or Aldi to save on groceries, etc.)

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Old 02-24-2015, 10:39 AM   #6
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This brings up a fascinating subject that has gone by the wayside in recent years, and that is the legal aspect of selling. The overall term, and the Federal Law that covers "Truth in Advertising" has become an overlooked protection for many years.

The federal law is a little vague and non-specific, when it comes to the subject of "Sale Prices", but most state laws are extremely requiring, and conspicuous by their lack of enforcement.

As I recall, it was in the 1970's when this became a major public interest subject, that turned the retail industry upside down, and for me, became an OMG moment of angst... having to train store managers and employess about what they could and couldn't say or do with regard to advertising price. 250 stores in 9 different states ...all with different but similar laws.

For the better part of two years, as a major retailer, we became the target for legal action, as the public was exposed to the technical parts of law, and many took advantage.

Now... as I watch TV ads, with illegible disclaimers, lying "Sale" prices from the major retailers, and a general attitude of "caveat emptor", I'd like to have back those hours, days, and weeks of slaving to become 'legal'.

If you take the time to look up the "Truth in Advertising" laws for your own state, you'll likely find that they have become irrelevant.

To see just how bad it has become, go to this Better Business Bureau website for guidelines, and see how many are completely ignored.

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Old 02-24-2015, 10:43 AM   #7
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Link /last post:
“Truth in Advertising FAQs: Did You Know…?”
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Old 02-24-2015, 01:19 PM   #8
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Originally Posted by LitGal View Post
shopping garage sales, yard sales, and estate sales. So many items I used to buy in discount stores can be found for a tiny fraction of the cost when there's time to poke around and sort through other people's stuff on a Sat. AM.

Favorites: fabric; notions; gift wrap; ribbon; note cards; disposable plates, cups, napkins, flatware; books; CD's; scarves; designer purses.......and often brand new, unopened items that I might have bought at a store at the usual "discounted" price.

By simply changing my locale for "browsing," I can carry a $20 bill around for a morning and still come home with full shopping bags and change in my pocket.

No guilt. Just a sense of "winning the hunt"!

(Though, of course, there are many items one wouldn't find at these sales. Must still head to WalMart, Target, or Aldi to save on groceries, etc.)

+1. I just discovered how to do this recently.

I call it my retail therapy. It is also a treasure hunt and much more fun than going to a regular store. I went once this past month to an upscale thrift shop near where the local one percenters shop and apparently also drop off their donations. I bought 2 designer scarves, 7 books for my hobbies and business (one book alone was almost $50 on Amazon) and two French presses for under $20. Plus I always try to drop off more than I buy so I can declutter and find bargains at the same time.

We found an expensive telescope at an estate sale this weekend and made an offer but didn't get it. Still I find fun to hunt and negotiate and eventually we will get one that way.
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Old 02-24-2015, 02:32 PM   #9
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The author really doesn't understand or at least poorly represents what Amazon Prime is. Amazon Prime isn't any kind of special pricing or discount. It just indicates what is available for free 2 day shipping. Those same items are (almost?) always available for free standard shipping if you don't have a prime account. People pay for Prime to get faster free shipping and/or media streaming and book downloads, not to get a better price. And Amazon makes it clear as far as I can see when there is a cheaper non-prime price available from another distributor.

I'm also trying to figure out how Target can be 46 cents/$100 cheaper than Walmart but Walmart is cheaper on independent price comparisons? What does that even mean?
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Old 02-24-2015, 02:41 PM   #10
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Here are a couple of good shopping basket comparison links of many of the major retail and warehouse stores from Consumer's Checkbook, though of course prices and savings will vary by location:

Supermarkets - Key Findings from Our Surveys

Supermarkets - How Stores Compare for Price
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Old 02-24-2015, 04:33 PM   #11
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Originally Posted by daylatedollarshort View Post
Here are a couple of good shopping basket comparison links of many of the major retail and warehouse stores from Consumer's Checkbook, though of course prices and savings will vary by location:

Supermarkets - Key Findings from Our Surveys

Supermarkets - How Stores Compare for Price
Thanks for the links. Confirms my conviction that Aldi's has the lowest prices for groceries, by far...

From the website.
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File Type: jpg Aldi.jpg (93.5 KB, 22 views)
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