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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
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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To: catnipman

My dad owned a retail store in Spain. There was a box of some items that had not sold in years and were in the back collecting dust. My mom took them out, raised the prices to some ridiculous figure, and put a sign “special, today only”. They were all gone in a few hours! At least she didn’t lie. My brother started calling her “the Phoenician”.


21 posted on 09/26/2013 4:35:58 PM PDT by Former Fetus (Saved by grace through faith)
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To: catnipman
they all do this....caveat emptor....

at Safeway earlier this week,in their discount meat section, they had some 7blade chuck roast marked down 30% from their already marked down price....but the original price was $3.99...which made the FRESH 7blade chuck roast at $2.49 a pound actually a better deal....

watch prices....know prices....when you find a price that's really good, buy extra...

I know they price things up before they price them "down"...

22 posted on 09/26/2013 4:37:56 PM PDT by cherry
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To: afraidfortherepublic

exactly!! took two shopping trips to realize kohls was rip off even w their perpetual 30% discounts.


23 posted on 09/26/2013 4:42:11 PM PDT by Donnafrflorida (Thru HIM all things are possible.)
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To: catnipman

Went there to redeem a gift card. Never saw so many ugly clothes under one roof. Finally settled on a pair of jeans I could have purchased elsewhere for less than half what they charged.


24 posted on 09/26/2013 4:42:53 PM PDT by Califreak (11/6/12 The Day America Divided By Zero)
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To: cherry

Safeway sale price is usually higher than competitor’s regular price. I only go there if I have say 10 off 50 andI don’t buy anything @ regular price.


25 posted on 09/26/2013 4:49:35 PM PDT by Califreak (11/6/12 The Day America Divided By Zero)
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To: Donnafrflorida

-— exactly!! took two shopping trips to realize kohls was rip off even w their perpetual 30% discounts. -—

Yeah. And you didn’t call 911.


26 posted on 09/26/2013 4:55:06 PM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: catnipman

Kohl’s got busted in California for doing the same thing.


27 posted on 09/26/2013 4:56:28 PM PDT by MeganC (A gun is like a parachute. If you need one, and don't have one, you'll never need one again.)
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To: cherry
"I know they price things up before they price them "down"..."

Yep

A Food Lion (grocery) employee told me they raise their prices when they have "buy one, get one free" sales.

28 posted on 09/26/2013 4:58:48 PM PDT by CatherineofAragon (Support Christian white males----the architects of the jewel known as Western Civilization.)
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To: catnipman

The Bon Ton does the same thing.


29 posted on 09/26/2013 5:02:59 PM PDT by sneakers
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To: catnipman

And this is news?

How about government programs that go from a raise of 30% to a raise of 25% and bill it as a 20% cut.


30 posted on 09/26/2013 5:04:53 PM PDT by donmeaker (Youth is wasted on the young.)
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To: catnipman

And this is news?

How about government programs that go from a raise of 30% to a raise of 25% and bill it as a 20% cut.


31 posted on 09/26/2013 5:05:02 PM PDT by donmeaker (Youth is wasted on the young.)
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To: MeganC
"Kohl’s got busted in California for doing the same thing."

Kohl's doesn't "hide" anything about their prices. Part of their appeal is that you always think you're getting a good deal, because they always kindly "knock off" a few dollars on each item.

But if you want the item anyway, why bitch about the final cost?

In fact you get to "brag" about what a great deal you got.

Win-win.

BTW, Kohl's has clearance racks in the back of every department.

Now THERE are some deals going on.

Shirts and pants at up to 90% off.

I've gotten many items that cost less than they would at a thrift store.

32 posted on 09/26/2013 5:56:28 PM PDT by boop ("You don't look so bad, here's another")
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To: catnipman

Grocery stores do it every week.


33 posted on 09/26/2013 6:19:31 PM PDT by ilovesarah2012
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To: Former Fetus

Cute story about your folks)


34 posted on 09/26/2013 6:52:58 PM PDT by mojo114 (Pray for our military)
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To: MN.Gruber06

No, you are missing the point. This is an attack on a Texas based company because it IS a Texas company. You don’t see them attacking good liberals from Minnesota or Noo Yack City.


35 posted on 09/26/2013 6:54:35 PM PDT by PAR35
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To: PAR35

I don’t buy it. If this had happened at Target (Saint Paul born and raised) the same article would’ve ran. The press isn’t anti-Texas, it’s anti-capitalist as well. Keep in mind that being a capitalist is not simply an economic ideal, it’s a social one, as well. Anyone who gets out of bed in the morning and accomplishes something that he plans to accomplish is by definition a capitalist. That’s what “work” and “labor” is called.

The press hate “work” and “labor”.

As for Minnesota and liberalism...you’ll be happy to know that this state will go red soon enough. Perhaps not mid-terms. But by 2016, I’m fairly confident. You heard it here first.


36 posted on 09/26/2013 7:36:00 PM PDT by MN.Gruber06
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To: catnipman

Only people this impacts is people not spending their own money.

If people are ignorant about the fair market value of goods... it is the duty of the free market to redistribute the cheap money gotten from the ignorant.


37 posted on 09/26/2013 9:19:05 PM PDT by Rodamala
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To: GeronL
bait and switch is just free market to you?

No, is NOT just free market to me but I have been shopping in my many years, called to the stores for sales.

Believe it or not, NOT all stores have what they advertise. I know that may be hard for you to fathom...and do forgive my cynicism.

Store folks SWEAR that it's not bait and switch but "sold out." And, maybe the sale was so good that all the good stuff WAS sold out. Who really knows.

38 posted on 09/27/2013 6:38:40 PM PDT by cloudmountain
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