A few years ago JC Penney’s was sued and lost over their false discounts on jewelry. They changed somewhat but is still deceptive in their pricing and quality.
"A wholesale transfer of wealth from consumers to corporations." That is the Vanderbilt report's language, not editorializing. The loyalty program started as a discount mechanism. The algorithm turned it into a data collection tool that charges more while appearing to charge less. The discount became the cover story.
A few years ago JC Penney’s was sued and lost over their false discounts on jewelry. They changed somewhat but is still deceptive in their pricing and quality.
Great flag, thanks!
"A wholesale transfer of wealth from consumers to corporations." That is the Vanderbilt report's language, not editorializing. The loyalty program started as a discount mechanism. The algorithm turned it into a data collection tool that charges more while appearing to charge less. The discount became the cover story.
Thank you for another valuable and informative article.