jordancoles wrote:Schattengaenger wrote:Germany offered Black Friday Deals, too, but mostly only in bigger cities.
What you describe happening in Finland is illegal in Germany.
A hardware-store called "Praktiker" did that and got severly punished iirc. Tho they did it the whole year ... it was their slogan "20% on everything"
I spent 200 EUR for some Star Citizen themed clothing.
Some companies in Canada open and close multiple times per year and they always have a "closing blow-out sale" with big signs and whatnot. Not always, but sometimes it is just the same owner closing and re-opening under a different name.
I'm not sure how profitable it actually is or what exactly they're trying to avoid by closing the place rather than just going on sale, but it must be worth the effort or they wouldn't be doing it.
This seems to often happen in Finland in some form, especially furniture stores do it often.
Basically every month or so they will "clean out their warehouse" and slap something like -70% or -90% on like EVERY SINGLE product that they are selling..
Stuff like this, even though they have been selling that specific sofa for at least 10 years, because I have seen it in homes.
Basically all their stuff is in huge discounts about 90% of the time.
One can think how can they still be in business if they are never asking the full price for their products!!