Shopping Discussion

Locked: Sears 20-50% Off Closeout Sale Starts Today

  • Last Updated:
  • Jan 15th, 2018 12:23 pm
Deal Addict
User avatar
Aug 29, 2001
2240 posts
317 upvotes
Waterlooo
Went to the fairview mall location recently... I think the appliances were MORE expensive than before the sale.
Deal Addict
Mar 26, 2011
1085 posts
398 upvotes
Toronto
Simby wrote:
Oct 27th, 2017 10:19 am
Raising the prices does not break the law though. When Sears enters liquidation, Sears effectively ceases to exist. The liquidators are chosen by the creditors to maximize the amount of cash they can recover from the dissolution of Sears. When they advertise 50% discounts, as long as some items in store are in fact 50% off, they are following the rules and mark ups are allowed.
There are laws that try and prevent misleading discounts (e.g. saying something is 50% off when it's always been that price), the issue is, even if you are in the right, what are you going to do? Sue the company going bankrupt?

The most you can do is try and raise people's awareness level, but there's just too much pressure, what with your job, the kids, traffic snarls, political strife at home and abroad. But I promise you, the second all those things go away, we'll have sex. Wait, what were we talking about again?
Deal Addict
Jul 7, 2016
1082 posts
790 upvotes
went there yesterday. all watches 30% off that could be called a sale especially the citizen watches.
fortunately none i wanted was there.
wanted an appliance they were more expensive .
Member
Jun 18, 2013
200 posts
48 upvotes
Montreal
Went for a peek 2 days ago, everything is still overpriced. Would wait at least another month to bother again.
Deal Guru
Sep 2, 2008
10401 posts
685 upvotes
repatch wrote:
Oct 26th, 2017 10:04 pm
There is often an argument between what's moral, and what's legal, especially when they don't match. In this case I'd have the opinion that what's moral matches what's legal.

That said, I'm very against TOO many laws, and to be frank, I'd consider this law overbearing. I'm not a fan of the "nanny state", where every aspect of life needs to be regulated. Buyer beware is something everybody should be familiar with, and laws like that make people lax in their vigilance, just to be scammed another way, IMHO.
I'm not saying it should be a law, there actually is a law against having a sale and just making the regular price higher than it usually is.
Deal Guru
Sep 2, 2008
10401 posts
685 upvotes
Simby wrote:
Oct 27th, 2017 10:19 am
Raising the prices does not break the law though. When Sears enters liquidation, Sears effectively ceases to exist. The liquidators are chosen by the creditors to maximize the amount of cash they can recover from the dissolution of Sears. When they advertise 50% discounts, as long as some items in store are in fact 50% off, they are following the rules and mark ups are allowed.
I'm not arguing that the "up to" part is the illegal part. It is illegal to misrepresent a sale by having a "regular price" higher than what the actual regular price was. Although, this is a pretty gray area and with the fact that its a liquidator taking care of this, they still can't set "regular" prices to anything they want, however probably nobody is going to bother going after them for it.

From what I read of the law it interprets "regular" price as only being valid if this item was actually being sold for some time and some reasonable quantity at that level from them AND other retailers. So a court could look at what the regular price of an item sells for at every other big box store, and if its much lower than what sears (or the liquidation company) says is the regular price, that is NOT allowed.

I also am not saying that sears/liquidation company actually DID this....I haven't been in to sears to check any prices in years, however there is legal basis to the argument.

http://www.competitionbureau.gc.ca/eic/ ... html#false
Deal Addict
User avatar
Jan 2, 2012
2190 posts
1066 upvotes
KINGSTON,ON
Story from Global News : "Customers report higher prices during Sears Canada liquidation sales"

Your text to link here...
Deal Addict
Oct 7, 2016
1513 posts
731 upvotes
Anyone know if they have any good deals on matresses or furniture in any of there GTA locations?
Koodo: $60/10GB
Zoomer: $45 4GB LTE Loyalty Plan
OP of the Zoomer Wireless $36 2GB LTE Promo
Deal Addict
Apr 2, 2007
1605 posts
309 upvotes
MrFrugal1 wrote:
Oct 28th, 2017 8:39 am
Story from Global News : "Customers report higher prices during Sears Canada liquidation sales"

Your text to link here...
caught red handed, but unfortunately nothing can be done
Deal Fanatic
Nov 3, 2007
7808 posts
1209 upvotes
Toronto
waven101 wrote:
Oct 27th, 2017 1:12 pm
went there yesterday. all watches 30% off that could be called a sale especially the citizen watches.
fortunately none i wanted was there.
wanted an appliance they were more expensive .
Watches were frequently 30% off on sale at Sears on regular weekends.
Deal Guru
Jan 7, 2002
13426 posts
5830 upvotes
Waterloo, ON
'Duped': Sears shoppers allege retailer inflated prices for liquidation sales
Sears shopper Elizabeth MacMillan says she feels misled by the retailer's liquidation sales, where she found items priced higher than when she last visited the store. 

"I was really, really turned off," MacMillan said. "It's deceptive."

She's one of several customers CBC News interviewed who uncovered altered prices at Sears liquidation sales. They suspect price tags were marked up to offset the advertised discounts that ranged from 20 to 40 per cent.

Sears Canada told CBC News no re-pricing was done for the liquidation sales, as the discounts are applied at checkout.

MacMillan doesn't buy it...
veni, vidi, Visa
Deal Fanatic
Jun 11, 2005
6611 posts
1202 upvotes
Mississauga
This isn't the first time this is going to happen and not the last. Double the price and give 50% off.
Deal Guru
Jan 7, 2002
13426 posts
5830 upvotes
Waterloo, ON
antigua1999 wrote:
Oct 30th, 2017 12:59 am
This isn't the first time this is going to happen and not the last. Double the price and give 50% off.
Of course not. Sears, among others, has been busted by Ottawa in the past for inflating "regular" prices on everything from mattresses to jewelry, just so they could hype percentages off during sales. The point of the article is that this deceit continues unabated even in liquidation. Sears management have no shame--especially in bankruptcy.
veni, vidi, Visa
Sr. Member
User avatar
Dec 26, 2007
953 posts
171 upvotes
I came across the following article in CBC that many customers were feeling duped / mislead by Sears. What really caught my attention was the comment from the lawyer who said retailers can raise a price before a big sale. However, doesn't that then fail the test of selling a certain product and meeting time and quantity rules (recall Sears got sued with their Tire Business)?

http://www.cbc.ca/news/business/sears-c ... -1.4373270
Deal Addict
Apr 25, 2001
1979 posts
218 upvotes
Toronto
Nothing new here, liquidation sales are known to be rip off central. Not sure why folks think this is news, sales are handled by outside party who only cares about the bottom line.
Last edited by maddawg on Oct 30th, 2017 9:36 am, edited 1 time in total.

Top