It seems to be having a positive impact on sales because the psychology of buying something on sale works, like it or not. The JCPenney debacle showed this pretty well. It is frustrating for longtime customers to see the price of things increase well beyond the pace of inflation though, especially when it is an item that has been offered unchanged for multiple years. Peal shoes are a good example, as well as 1818 suits.
12/10/13 at 5:24am