Comment on Am I the only one pissed off at these holiday sales? (US)

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Chocrates@lemmy.world ⁨11⁩ ⁨months⁩ ago

Back before Amazon (I’m sure it still exists I just haven’t been in retail), on Black Friday we had a loss leader that would bring people to the store. In our case it was a pallet of DVD players. We priced them at break even at our cost to get them to the store so we would lose money on the sale if you accounted for labor. The goal was to entice people into the store so they would buy our other crap.

I wouldn’t be surprised if “loss leaders” aren’t actually losing money these days with how our Corporations are doing.

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