Friday, November 29, 2013

Quotation of the day for November 29, 2013

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Quotation of the Day for November 29, 2013



"The silliness of it all is that the original price from which the discount is computed is often specious to begin with, because items hardly ever sell at that price, which makes the discount less legitimate."

- Mark Cohen, a professor at the Columbia Business School who has held senior retail positions, on how retailer discounts may not be the deal consumers think they are. Quoted in the wall Street Journal article "The Dirty Secret of Black Friday 'Discounts'."

[http://online.wsj.com/news/articles/SB10001424052702304281004579217863262940166]

[Don't forget to shop at Quotation of the Day's Amazon stores this Black Friday. -eds.]

Submitted by: Terry Labach
Nov. 28, 2013

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