KB Toys 30% discount until October 11th

[Easy Mac]

THought you guys with kids or odd passions (hopefully not kids) would like to know about this. Evidently KB got sued for price discrepancies, so from now until October 11th (Saturday) everything in the store is 30% off a $30 purchase (excludes video games, systems and gift cards). Since most guys are game players, this is probably not applicable.

But some of you guys have kids, and better to get discounts on potential Christmas presents now than to try and beat the odds later. Or, they have a pretty good selection of board games and similar items.

Here's a link to the suit.

[Ragone]

Kinda bs it doesn't apply to video games.. that would have been sweet

[Raiders Army]

Where did it say video games and systems were excluded?

[Easy Mac]

Here is a CNN article.

[Blackadar]

Went today, good deal. Bought X-Mas stuff for the kid.

[Philliesfan980]

I can finally get the ez-bake over I've always wanted!! YES!!!

[CamEdwards]

BTW, this is actually good October 8-14th, not the 11th as stated above.

[Raiders Army]

Got my Christmas stuff today for the kids. I thought they weren't allowed to advertise the 30% off...

Also, it's an incredible deal because on some things, like Disney stuffed animals, they're running 20% off. Add that savings to 30% off and you have half off some items.

[sterlingice]

You know, I don't mind getting 30% off but, man, this was a stupid ruling.

Clinton Krislov, the attorney representing the class, said the toy retailer manipulated consumers into thinking they were getting a discount by using a comparative or "reference" price, printed in black ink, and then crossed out in red ink.

The price in black, Krislov alleged, was not the prevailing market price for the product.

"It would look like everything was marked down, when in fact there's no certainty that you weren't just buying it for the regular price," Krislov told CNN/Money.

Is this guy a moron *and* a tool? I mean, c'mon- of course when they mark off a price, it's high.

Then again, this works perfect for kb- they haven't gotten huge profits on their toy department the past couple of years and this gets them some pub and some business.

As for why video games are at the normal price and not discounted- places rarely make a profit on those. They carry them so someone will come in and buy them, maybe make the store a buck or two and hopefully pick up something with a much higher profit margin.

SI

[Philliesfan980]

Originally posted by sterlingice
You know, I don't mind getting 30% off but, man, this was a stupid ruling.


Is this guy a moron *and* a tool? I mean, c'mon- of course when they mark off a price, it's high.

Then again, this works perfect for kb- they haven't gotten huge profits on their toy department the past couple of years and this gets them some pub and some business.

As for why video games are at the normal price and not discounted- places rarely make a profit on those. They carry them so someone will come in and buy them, maybe make the store a buck or two and hopefully pick up something with a much higher profit margin.

SI

Thats a good point. I wonder what retailers pay for video games? If they're selling Madden for 49.95, I bet their paying around $40-42 in high bulk rates.