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CALL7 Investigators find jcpenney raises prices to create illusion of markdowns throughout store
Channel 7 News Denver ^ | 9/25/13 | Keli Rabon

Posted on 09/26/2013 3:52:21 PM PDT by catnipman

DENVER - A CALL7 hidden-camera investigation finds the discounts at one major national retailer may not be as significant as shoppers would think, after finding prices on tags were marked up so the item can then be placed on "sale."

...

(Excerpt) Read more at thedenverchannel.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society
KEYWORDS: fake; jcpenny; sales
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Denver metro area JC Penny stores caught on camera rigging fraudulent "sales".

The video is priceless and is a must see for any current or former JC Penny shopper.

What they are doing is blatant fraud, and it's too bad the Colorado Attorney General will ignore this instead of making an example of JC Penny.

1 posted on 09/26/2013 3:52:21 PM PDT by catnipman
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To: catnipman

Has anybody checked Kohl’s?


2 posted on 09/26/2013 3:53:03 PM PDT by afraidfortherepublic
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To: catnipman

I thought every store did this.


3 posted on 09/26/2013 3:56:40 PM PDT by Veggie Todd (Still crazy after all these beers.)
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To: catnipman

I worked at a major NYC department store while in college in the late 1970s.

We did the same thing. All the time.

Day before the sale, we’d replace the price signs with higher prices for the items going on sale.

That night, we’d put up the “sale” signs with prices often higher than they had been two days prior.

But since we had had the higher prices displayed for that one day, the “sale” signs that said the reductions were from those higher prices were technically accurate.

What a great place to work!


4 posted on 09/26/2013 3:57:18 PM PDT by Breyean
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To: catnipman

And the understatement of the week goes to...

They have been at this for longer than I can remember.


5 posted on 09/26/2013 3:58:15 PM PDT by Idaho_Cowboy (Ride for the Brand. Joshua 24:15)
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To: catnipman
I do not understand why this should be of any concern of the AG.
Is JC Penny forcing people to buy their wares?
Does the AG believe that Penny shoppers have no ability to compare prices once they see a sign that says 20% off or 40% off?
Do these sale signs cause shoppers brains to lock up and they buy regardless of price?
Just curious.
6 posted on 09/26/2013 3:59:10 PM PDT by Tupelo (There are no Republicans or Democrats in Washington. Just Millionaires protecting their turf.)
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To: Breyean

Ha. I just realized the store I worked at was one of two anchor stores in that smallish mall and the other one was Penny’s.


7 posted on 09/26/2013 3:59:49 PM PDT by Breyean
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To: Idaho_Cowboy

JC Penney is still around?


8 posted on 09/26/2013 4:00:32 PM PDT by GeronL
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To: catnipman

That’s why you don’t go to any department store during the week. Everybody knows that.


9 posted on 09/26/2013 4:01:26 PM PDT by E. Pluribus Unum (When your policy is to rob Peter to pay Paul, you can count on enthusiastic support from Paul.)
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To: catnipman

Stop the presses.

Oh yeah, we’re also $17 trillion in debt, with $100 trillion in unfunded liabilities.


10 posted on 09/26/2013 4:01:28 PM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: catnipman
Denver metro area JC Penny stores caught on camera rigging fraudulent "sales".
The video is priceless and is a must see for any current or former JC Penny shopper.
What they are doing is blatant fraud, and it's too bad the Colorado Attorney General will ignore this instead of making an example of JC Penny.

J.C. Penny is a bad guy? Gee, he sure has a lot of RETAIL company. I thought that was the gist of the free market system. Go figure.

11 posted on 09/26/2013 4:01:48 PM PDT by cloudmountain
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To: catnipman

Since when does a customer trust a store to tell them an item is a good value? This is the land of the free. You can shop wherever you want. If you’re smart, you’ll compare the prices at several stores before buying something. We don’t need the government to babysit us.


12 posted on 09/26/2013 4:03:51 PM PDT by JediJones (Impeach Pennsylvania Attorney General Kathleen Kane for Derelection of Duty)
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To: catnipman

I remember catching stores doing this way back in the 50s and 60s. I was just a kid but had noticed. I don’t think every store did it tho.


13 posted on 09/26/2013 4:05:15 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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To: catnipman


14 posted on 09/26/2013 4:06:44 PM PDT by Iron Munro (When a killer screams 'Allahu Akbar' you don't need to be mystified about a motive.)
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To: catnipman

Not sure what the issue with this is. You have the right to be a knowledgeable consumer, just as J.C. Penny has the right to mark its prices however it wants. The Attorney General of Colorado has no legal basis. I understand the anger due to Penny being a multinational corporation of questionable moral business practice, but if this were a “Mom ‘n Pop” I doubt there would be as much outrage. Both have the same rights to market their products as they please. The people, however, also have the right to not buy from J.C. Penny. In light of recent events, I encourage the aforementioned.


15 posted on 09/26/2013 4:07:37 PM PDT by MN.Gruber06
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To: catnipman

DUH!!! LOLOLOL


16 posted on 09/26/2013 4:22:50 PM PDT by autumnraine (America how long will you be so deaf and dumb to thoe tumbril wheels carrying you to the guillotine?)
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To: catnipman

In other breaking news The Pope announced he is, in fact, catholic and a bear was spotted crapping in the woods.


17 posted on 09/26/2013 4:23:20 PM PDT by Mr. K (Lies, Damned Lies, Statistics, and then Democrat Talking Points.)
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To: catnipman

As a guy who has a friend who was in retail, I can inform you that this is common practice in the retail trade.


18 posted on 09/26/2013 4:24:45 PM PDT by expat2
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To: cloudmountain

bait and switch is just free market to you?


19 posted on 09/26/2013 4:27:06 PM PDT by GeronL
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To: GeronL

My parents got caught by Wilson Meats bait and switch back around 1960. They advertised a side of beef at a really good price then when they got in to select their side, it was really crummy looking and they decided to get the choice grade.

They actually ended up getting a prime half as it was the same price as the choice, mainly because there was a lot more waste on the prime. I will say it was the best beef I have ever had.


20 posted on 09/26/2013 4:33:43 PM PDT by yarddog (Romans 8: verses 38 and 39. "For I am persuaded".)
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