Just a question for HD people.. Do workers actually get fired for letting penny items slip by.. Also how does store know penny item went out the door.. Or when do they find out.
Or how big of a deal is it to HD store.
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Not an HD employee, so I'll wait to hear from one to be sure, but from the antics these people get up to when a penny item hits the registers, I would guess they take some serious heat from their district managers, mostly because it reflects on the poor operation of the store inventory more than the markdown. They should be thanking customers for finding these items, as it points out the stores with problems. If they don't like it, they could change their systems ( which I'm sure they will at some point, especially with the large attention its getting now.) They pay tax on the value of their inventory, so having slow moving items drop to 1 penny so they are still in inventory, but worthless, is a tax dodge. It benefits them, or they would have changed it a couple years back to end the aggravation.
Lowes does something odd too, but not 1 penny. Their stuff can drop in price for months, and if it still doesn't sell (I'm guessing the day after an inventory audit for taxes) it goes right back to full price. Ive watched items drop for months, sell out at almost all stores in my area, and just as it's almost low enough for me to buy, it goes to full price, sitting on the shelf. Annoying to watch something for months and have it go UP, not down. Obviously they don't want to move it out of the store if it didn't sell when cheaper, and they raise the price.
. Was a little hesitant after reading SPN's issue yesterday but I decided to grab the clearance Moen faucets they had and I'm gonna try and sell them.