❗Let's close the gap: We still need your help to raise $40,000 by April 1. Donate now

When a bargain is less than meets the eye

Adriene Hill Nov 12, 2015
HTML EMBED:
COPY

When a bargain is less than meets the eye

Adriene Hill Nov 12, 2015
HTML EMBED:
COPY

J.C. Penney will pay $50 million to settle a class action lawsuit in California that accused the department store of tricking consumers into thinking they were getting big discounts when they weren’t.

The suit alleged that Penney inflated “original” prices on sale items to make discounts appear larger than they actually were. The retailer denies any wrongdoing, but says it will change how it advertises and prices what it sells. The case is a reminder of how the perception of savings can sometimes mean more than the price of the item itself. 

Click the media player above to hear more.

 

 

 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.