| Date: |
Monday, January 1, 2001
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| Question/Topic: |
Odd Prices
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| Answer/Pointer: |
J.C. Penney, founder of the stores bearing his name, instituted the odd-figure prices
like $1.98, not to lure customers into his stores to save a few pennies, but to force
his salespeople to ring up the sale on the cash register and return small change to
the customer, hoping to end the practice of dishonest clerks simply pocketing the
dollars. (Source: Sydney J. Harris's column, Tallahassee Democrat, 10/18/86)
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| Librarian: |
LCLCPL
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| Comments: |
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