Archive for the ‘Shopping’ Category

Rewarding the inconsequential

Wednesday, November 24th, 2010

Black Friday, the day after Thanksgiving, has become a bit of a Roman circus of consumerism.  Retailers competing for customers' wallets with "leaked" ads coming out weeks before the big day, crazy traffic jams, all manners of people fighting tryptophan-induced sloth to get up for bunker-buster deals and full-contact shopping. Retailers ...

Gouge me ’til it hurts

Thursday, September 2nd, 2010

As of right now we're looking at about 30 hours before Hurricane Earl blows past our latitude.  It reminds me of something that happened during the aftermath of previous hurricanes:  price gouging.  Price gouging is a disparaging term given to the practice of hiking prices of demand items after some ...

Stores can now refuse small credit card charges

Thursday, August 26th, 2010

Fresh after posting on whether small credit card charges are shameful or otherwise to be avoided, I got a comment on that post.  "Paul" asks: "Wasn’t a provision of the financial reform bill that passed this July that store owners are now legally allowed to not accept a credit card ...

Do you feel bad for charging less than a dollar on your credit card?

Wednesday, August 25th, 2010

Visa and MasterCard have very clear rules with regard to requiring a certain minimum amount before accepting credit card as payment.  They can't. MasterCard will fine the merchant up to $20,000 for the first offense of this type.  They take it seriously.  (Side tip:  If a merchant is obstinate about ...