Retail News

Rui asked:


I am working on an academic project. I want to find the average retail price of Marlboro Cigarettes in 50 states in US, preferably with a break-up of the base price, the federal taxes, state taxes and local taxes. Can anyone help me find it?

Da B asked:


i am looking into buying an item that is worth a few hundred (ex $200) can i get a discount if i pay cash?

rrelectric1993 asked:


That is true?

Alex Z asked:


for example at walmart i saw a computer for $1200. how much do you think walmart paid the supplier to buy the computer?

erick c asked:


I was at Bestbuy earlier today as I frequent the store quite a bit. I noticed that they had Nintendo Wii’s in stock. Knowing how hard they are to find (I’ve tried for over a year now & am always told they’re soldout at stores - And I’m afraid to purchase a high priced item online especially at inflated prices), I went home, consulted the wife about getting the kids what they originally wanted (but was unable to get for the holidays), and called up some out of town family members that were in the same boat as me. After getting a total of six orders (3 for local and 3 for out of state) I called Bestbuy to ask if they were still in stock and if they had any limits per customer. They still had them in stock & said I could purchase what I needed.
Okay I go pickup my cousin & proceed to drive down to Bestbuy where there’s around 20 of these things up for grabs. Not being in a rush, I go see what games they have as well as looking for an additional controller.
13 hours ago

By the time we get back to the Wii’s (about 10 minutes later) there’s 5 left. I snatch’em up feeling bad about having missed the sixth. As I go to pay, the cashier tells me that I can only purchase ONE Wii. I explain to her that I called & was told otherwise (didn’t get the girl’s name, because I didn’t think I’d be lied to) & she said too bad, but only one per person. I ask to speak to the manager who proceeds to tell me the same thing. Alright, so I call my cousin over who was looking at an “open box” display & tell him that he has to personally pay for his, (I never mind paying for my relatives items, because I have a rewards card that gives me cash back & plus they always reimburse me for any purchases, so no worries there)and that everyone else is out of luck, because it’s “ONLYONE PER PERSON”. The night manager than comes over & “changes his policy” to “ONE PER HOUSEHOLD”.
13 hours ago

That’s fine I said, I just need one (which I purchased) & my cousin (who was about to purchase his and doesn’t live with me - we had id’s to prove it) just needs one. So he changes “his policy” again and says ” ONE PER GROUP”!?! I ask him how many more times is he going to change his policy? So let me get this straight, if four friends walk in to buy a Wii, & there’s 20 of them available, they’re out of luck & can only buy one??? I was in the store earlier with a co-worker, we could’ve easily purchased two then and return to purchase more. So this jerk proceeds to tell me that he wouldn’t have sold me any more if I had done that (yeah, like he would’ve remembered everyone who bought a Wii that day). He then tells me (in a loud, rude and condescending tone), “And if you don’t like it I won’t sell you yours”. I told him too late, because I already bought mine.
13 hours ago

End of story (finally right?) …..I could’ve saved myself gas & this trip if I had just bought this earlier when I was there, not wasted my time on the phone to my family who I now had to call back each one & apologize to for getting them excited & giving them false expectations. Having to deal with a real jerk which made me feel discriminated against (I bet other people who saw what happened were able to purchase one, go to their car and return for another, or just have someone else in their group purchase one & no one would be the wiser). And now Bestbuy/Nintendo lost the sale of 5 Wii’s (which I’m sure someone else would’ve purchased anyway), but most importantly, as far as “customer service” is concerned, they have now officially lost a customer for life (I shopped there ALOT). Their competitors will now have my & my company’s business.

Sorry this is so long, but people weren’t understanding the single question.
13 hours ago

PS. This item wasn’t listed in an ad (hence no limit notification) and there was no sign stating “limit” anywhere in the store, which is why I called the store before heading down there again. Thanks to all who asked & took the time to read this.
13 hours ago

Whew, okay as far as tickiting them out, they weren’t. It was another questioned I had asked before I took the trip back. I remembered reading a news article about a retail chain that promised Wii’s in January to people who got on a waiting list in December. Circuit city,walmart,target,gamestop,& another game store didn’t have them - so no I never mentioned such a thing, but for arguments sake, why would a store refuse the sale of even ONE item if they thought your intention was to resell it higher? Just like I **** scalpers at concerts, but I also understand they were willing to wait in line to get those tickets. Point is there’s a sale and whether I choose to keep it, sell it, give it away, or throw it away is perogotive which I earned by purchasing it. Are we going to stop selling certain records or books, because the seller thinks they MAY be burned in a protest? Last time I checked this was America and, well, I’m not even going there……thanks again to everyone for their int

MISES.ORG asked:


Look at the circumstances that gave rise to the decision. A company called Leegin Creative Leather had a no-discount policy that came with its decision to sell to Kay’s Kloset. Kay’s didn’t honor that policy, so when it came time for a new deal, Leegin said no deal. Kay’s complained that the refusal of Leegin to sell hurt their business, which was all about a particular leather line that Leegin made. The courts ruled against Leegin, slapping them with a $1.2 million fine. In fact, the government was telling Leegin that it is a slave to regulation: it had to sell regardless of whether contracts on the other end were honored or not.
Folks, this is not free enterprise. Finally the Supreme Court agrees.
It’s not often I can say it, so enjoy: the Supreme Court did the right thing. It has reversed a century-old rule that criminalized retail price agreements. Good. Great. There are 10 million bad regulations to go.
Now, if you just happen to be reading over the Constitution, you will note that it does not give government power to tell manufacturers what the price of their products should be, or to regulate the terms of the contracts, much less provide a rationale for economy-wide price controls. In fact, if you were reading it for the first time, you might find the assertion that such a power exists to be preposterous on its face. Truly it is. The Constitution gives the federal government no power to regulate the details of economic contracts.
Now, is retail price maintenance a good practice or a bad one? Every producer wants the highest possible price, but it too faces a competitive marketplace. To maintain a high price in the face of expanding competition isn’t always a good idea. Downward pressure must sometimes be dealt with. So it might not be a good decision to enforce these types of agreements.
But the real question is: who is to decide? Should it be the government or the contracting parties? When the contracting parties decide, no one is hurt because all transactions, including those made by final consumers, are voluntary. When the government is involved, at least one party and sometimes several are compelled against their will to engage in transfers of property without their consent. Even if consumers benefit, it wouldn’t matter: one group is winning at another’s expense, which isn’t the market way.
The good news here is that this ruling will have an immediate impact on the marketplace. Producers might start to offer deeper discounts on their products. This way, retailers can save money in other aspects of their business. It could result in some restructuring that will benefit everyone from workers to consumers. It’s true that the marketplace has found workarounds to these rules in the past, but not without the high cost of regime uncertainty.
There is a broader point here about the Constitution. Clearly the federal government has no legal authority to be legislating or ruling on this subject at all. It is not only the regulation on retail price maintenance that is unconstitutional but the whole of the Sherman Antitrust Act, which, incidentally, is surely one of the most anachronistic pieces of economic legislation on the books. The entire law ought to be struck down, and Congress should make no other related to this topic.
June 29, 2007
Llewellyn H. Rockwell, Jr.

katinthehatcomesback asked:


Do you think that mail order business hurt the U.S. economy and its Retail Stores? I would like to hear your reasons both positive and negative. Recently on the news there was a senator that thought it was bad and discouraged people to buy online. Do you think she was right?
I personally believe that it helps save gas and gives people that can’t find a local job a way of branching out and making money another way. There are even ways to search so you can shop local or pick your location.

nehal23 asked:


there is advertise in news paper

Baconator asked:


In what world is 0.6 percent a plunge???