We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Can a shop hike the price then sell it discounted to appear cheaper?

Hi all,
I've been watching the prices of some established brand watches in a well known High Street jeweller for some time, and have noted that before Xmas they were priced at a level which did not offer any discounts etc (i.e. they appeared to be "full retail").

In the xmas sale they now show "25% off", have a higher standard price than before the sale, and even after the 25% off, are in some cases still more expensive than before Xmas.

Is the shop allowed to do this? It feels to be misleading people into thinking they are getting a bargain when they've been that price or cheaper all along...

Thanks!

Comments

  • zoob
    zoob Posts: 582 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Yes perfectly legal and above board, shops can’t show reductions if they don’t sell items at a higher price for at least 28 days in the previous 6 months
    Some brands give allowances for retailers to reduce prices between certain dates too help boost sales
    Item not being offered for sale at higher price at any point means legally your unable to show a reduction
  • cymruchris
    cymruchris Posts: 5,577 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    The higher price only has to be charged in a certain number of stores - so if this national retailer happened to have 300 branches - they could (and do) sell the items at £200 each in the majority of their branches - and £250 in a handful of branches - then when ready for the promotion - they can claim - was £250 now £200 - and show a saving of £50 - even though the majority of branches didn't sell it at that higher price. As long as it's been on sale somewhere for the last 28 days at the higher price - they can then show the discount across the chain. I'm sure you already know that a banana isn't the same price in every branch of tescos just because it says tesco above the door?
  • prowla
    prowla Posts: 14,357 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's a bit of trickery and it's your choice whether to buy.
  • unholyangel
    unholyangel Posts: 16,866 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    No, its unlikely to be legal (and may even be a criminal offence). Not unless they specifically tell you what price it was being sold at before so as not to mislead.

    Covered by both the price marking order and CPRs.

    However, that is also assuming that after the sale, they don't return to a price that was higher than previously. As the latter would (imo) indicate a increase in cost & pricing rather than an attempt to mislead consumers into believing they have a specific price advantage, in order to entice them into ordering.
    You keep using that word. I do not think it means what you think it means - Inigo Montoya, The Princess Bride
  • molerat
    molerat Posts: 36,019 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 26 December 2019 at 3:36PM
    When I worked in retail we used to have a half price sale, we called it the £10 off sale as that was what it actually was. The price was hiked for the statutory time then half priced to £10 below the pre increase price. All perfectly legal. If you look at Currys sale prices there is a nice little disclaimer under all the items. Argos is another one with "intervening prices may have been charged".
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 261.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.