This is an excerpt from the book “Adventures in Thrift”:
“Our first lesson in department-store sleuthing was the fact that the bargain counter is the natural enemy to thrift… If a merchant announces silk gloves at seventy-nine cents, formerly sold for one dollar, one of two conditions exists either he overcharged his customers when he sold the gloves for one dollar, or he is losing money on the gloves at seventy-nine cents. Men are not in business to lose money. We, therefore, conclude that the gloves at one dollar were overpriced, so we are getting no bargain at seventy-nine cents. None of the prices in such a store are, therefore, reliable.” Mrs. Larry
It is jarring for me to read this statement because I often shop bargain stores for what I would consider quality items at an affordable price. I shop at places such as TJ Maxx and Marshall’s and have been under the impression that I am getting off season and overstocked items at lower prices.
I often find designer suits for what I would consider a bargain. For example, I am a fan of Ann Taylor suits but would never pay the $350.00 price tag that I find on her website. My husband and I saw one at Marshall’s for $80.00 that was supposedly marked down from $385.00, so after careful consideration we bought it. In this instance I think that we may have gotten a good deal on a quality suit but who’s to say that the original price for that particular suit wasn’t $85.00 to begin with.
I try not to pay full price for any of my clothing because they decrease in value the moment you put them on, but I do want to be able to determine when I am getting great quality fabric at reliable and honest prices.
I also read in the book where it said “Ignorance in the housewife causes dishonest prices in the grocery (store)”… or any store for that matter. The author believed that when we buy marked up items or items that have been marked up and then reduced to the true price, that we encourage the manufactures to continue to rob us. We encourage them because we have relinquished or power to think and research the products that we spend our money on.
Have you ever shopped bargain stores only to find that the prices were the same at the retail shops? What are your thoughts and experiences?