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At Dixons in the UK (when I briefly worked there 10 years or so ago) the pence were used in a similar way to signal things to floor staff. For example, IIRC, pr
by gmac 14y ago
At Dixons in the UK (when I briefly worked there 10 years or so ago) the pence were used in a similar way to signal things to floor staff. For example, IIRC, prices ending .98 signalled a discontinued product.
Additional staff signalling was provided by messages on price tags. For example, 'please ask if you need help' meant 'high-margin, high-commission item', whereas 'have you remembered your spares and accessories?' meant 'low-margin, low-commission, item'.
- Albuca 14y agoThat is actually still in use today. Working part-time in retail at Staples Canada, I can tell you that all of our prices ending in $x.97 or $x.x7 are clearance; and therefore subject to an additional discount if there is a current promo going on. As for the random prices, I have no idea. Although it does make it easier when doing prices changes for flyers, because in each section, no two products have the same price (cent wise).
- ars 14y agoThis basically confirms that getting rid of the penny and the nickel is a good idea. Just round everything to one decimal place. If retailers don't care about amounts under $0.10 then there is no need for such a currency.