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  1. guoguohu's Avatar
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    #1

    Higher prices applied in more than one store

    Dear teachers

    What does ‘Higher prices applied in more than one store’ mean exactly in a Christmas sale scenario? Are other stores offering higher prices? Does it encourage customers to take their deals (products)?

    Thanks in advance.
    Guoguohu

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    #2

    Re: Higher prices applied in more than one store

    A company may have different prices in different stores and in sales, they often quote the higher prices so that the discount looks good- it may not have been sold at that price everywhere, but it was sold at that price in more than one store.

    (I think this is what it means)

  2. 5jj's Avatar
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    #3

    Re: Higher prices applied in more than one store

    It appears to be a (reduced) price that was charged before a further price reduction was made, So, if the original price of an item was £20, and the price was reduced to £15, before being further reduced to £10, then the intervening price is £15. See http://www.bis.gov.uk/files/file8127.pdf page 11, section 1.2.8

  3. BobK's Avatar
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    #4

    Re: Higher prices applied in more than one store

    I think a UK law changed some time in the not-too-distant past, setting limits on when a shop could claim that a price really was a reduction. The 'at least one store' wording is a legal requirement according to this law. Until then, just before a Sale (the event not the occurrence) some shops might offer something at an unrealistic price for a few days and then advertise 'prices slashed' when they started to charge the prices they had had in mind from Day 1.

    b
    Last edited by BobK; 07-Jan-2012 at 20:40. Reason: Clarified

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