prices,” which it labeled “list price,”
“compare at,” or “compare.” The
trial court found that Overstock had
consistently used advertised reference
prices created by various methods that
were “designed to overstate the amount
of savings to be enjoyed by shopping
on the Overstock site.” When asked
for comment, Overstock told us it had
nothing further to add.
This past April, Neiman Marcus agreed
to pay $2.9 million to settle a class-action
lawsuit that alleged the company misled
consumers at its Last Call stores in
California by putting a false original
price on price tags. The suit claimed that
the goods were never actually ofered for
sale at the original price, as suggested
by the price tag, and that the false
higher price was designed to deceive
consumers into believing they were
getting a bargain by purchasing goods
at Last Call. Neiman Marcus did not
admit liability to any of the class-action
lawsuit allegations. Michael Kors and
Ann Taylor reached similar settlements
in cases based on similar claims. Neither
responded to our request for a comment.
In earlier, more costly settlements,
JCPenney and girls’ clothing chain
Justice agreed to pay $50 million and
$50.8 million, respectively, to settle
HOW
TO MAKE
SURE YOU
NEVER
OVERPAY
This holiday season there will be no shortage of sales
come-ons from stores. The only way to know whether
deals are real is to compare prices offered by other
retailers. You can do a manual check of all the items you
want at a variety of retailers, but this approach can be
very time-consuming.
That’s why digital options offer a lot of convenience.
But read the privacy and terms-of-use disclosures before
using these tools to make sure you’re comfortable with
the amount of information they collect. If you are, this
arsenal of apps, alerts, and browser add-ons can help
level the playing field, at least a bit. Here are some to
consider, and when to employ them.
Browser
Extensions
These are plug-ins that
you add to Chrome,
Firefox, Safari, or almost
any web browser—and
most (including the
ones listed here) are free.
They scour the web for
discounts, coupons, and
deals to bring you the
best prices every time
you shop.
EXAMPLES:
InvisibleHand, PriceBlink,
The Camelizer
Price Alerts
Enter items you’re
searching for, and these
apps will let you know
when prices for the items
have dropped.
EXAMPLES:
Camelcamel camel,
Price Tracker,
Shop It To Me, Slickdeals
Price
Comparison
Apps
Use these while
shopping in stores to
find better deals if they
are available from
competitors, often online
but sometimes at local
stores as well.
EXAMPLES:
BuyVia, NowDiscount,
ScanLife, ShopSavvy
Coupon
Apps
These send discounts
online or to your phone
to use when you check
out in stores.
EXAMPLES:
Coupon Sherpa,
SnipSnap
Price
Adjustment
Apps
These link to your email
and search the web
after you charge
something and get
an e-receipt. If the price
drops on a purchased
item, they initiate
the refund, but you may
have to supply bank
and credit card info.
EXAMPLES:
Earny, Moolah,
Paribus, Slice
BEFORE YOU BUY WHILE YOU BUY AFTER YOU BUY
deceptive pricing class actions. In the
JCPenney case, the plaintifs alleged
that the retailer tricked shoppers by
displaying fake “original” prices on
“sale” merchandise. JCPenney agreed
to settle in September 2015, to avoid the
risk of further litigation. In the Justice
case, the plaintifs said the retailer
marked items as “40% of,” when in
reality the items had never been ofered
for sale at the full advertised price.
Justice denied all of the claims and says
it did nothing wrong, but it agreed to
settle the case in July 2016. Justice didn’t
return our calls for comment. JCPenney
emailed that it “uses a promotional
40 CR.ORG DECEMBER 2018