[Coco] Radio shack layoffs, store closing, etc... Goodbye, and thanks for the memories?

[William Astle]

On 2017-03-08 08:27 AM, Steve C. wrote:
> I went to our local Radio Shack "going out for business" sale last weekend,
> and left with nothing after seeing the appalling prices. 20% off of a $120
> BB-8 when the same toy sells at Target for $79 is not exactly evidence of a
> fire sale, more that they plan on gouging as many fools as possible as they
> go down in flames. Circuit Writer pen that sells elsewhere for $14 was $20
> at the Shack.
>

That's exactly what Target's "going out of business" sale in Canada 
looked like. They barely had things discounted. Yet they somehow managed 
to sell things off. (Target did not understand the Canadian market and 
severely mismanaged their expansion into it a few years back. And then 
failed miserably and pulled out.)

Alas, most people see "20% off" and assume it's a deal rather than 
comparing the resulting price after the discount. Basically exploiting 
psychology there. Thing is, they don't need vast thundering herds coming 
through to make that work. They just need to fool just enough people to 
liquidate what stock they have.