Go Back > Urban Legends > Business

Thread Tools Display Modes
Old 08 January 2014, 07:21 PM
snopes's Avatar
snopes snopes is offline
Join Date: 18 February 2000
Location: California
Posts: 109,660
Icon104 Target prices
Reply With Quote
Old 23 May 2014, 04:27 AM
reedlakes reedlakes is offline
Join Date: 16 January 2014
Location: St. Charles, MO
Posts: 1

Having worked at Target for 8 and a half years (been gone for 5 now), I can say this is partially true. I can't speak on the final digit part, I don't recall ever hearing anything about that, but I do know each store has a schedule on what departments get marked down each day of the week. The schedule in the post is the same one my store followed, so I would presume (but can't swear) that its a company-wide schedule.
The catch is, the schedule only applies when the pricing team stays on schedule. If a store has a crappy pricing team, or the occasional huge load of price changes in one department, this can get throw off.
Also, all the posts about price changes varying from store to store is absolutely true. Something can be 50% off at one store and still be 30% off (or even full price) at a store 5 miles away. Its also determined by people outside of the store, the store manager (or anybody else at that specific store) has no say whatsoever, unless its a markdown for a display item or something subjective like that.
Also, to verify a coupe other posts, the first markdown on anything is 30%, except for food, which starts at 15%. The final markdown for everything is 75%, except for seasonal items (Halloween and Christmas, in particular), which go to 90%.
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
21 graphs that show America’s health-care prices are ludicrous snopes Soapbox Derby 1 07 April 2013 07:49 AM
5 myths about gas prices, Big Oil, and the presidency snopes Politics 0 01 March 2012 12:32 AM
Boycott Gasoline? Why Gas Urban Legends Won't Affect Prices snopes Snopes Spotting 0 17 March 2011 07:30 PM
Travel sites use cookies to raise prices snopes Computers 5 09 February 2008 04:28 AM
High gasoline prices in US, but limited impact snopes Snopes Spotting 0 08 May 2007 09:09 PM

All times are GMT. The time now is 08:53 PM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.