Exactly right Guy. When they restock it will be at the current price and
then they can sell it at that price. If the price falls they most likely
won't reduce their price unless the market forces them to. I've had it
happen to me too many times. Most retailers play this game and enjoy the
extra bump in profit realized from selling old stock at new prices.
An example - a couple of years ago I had the flooring replaced in part of my
house. I had to buy some OSB board. OSB is the crappiest kind of wood
sheeting product available IMHO. It's made from wood scraps glued together.
A hurricane had hit Florida a week earlier and the demand for OSB was
expected to increase. The local lumber suppliers all raised their prices
400% in *anticipation* of the increase in demand. And two years later the
price is still high.
Rick
----- Original Message -----
From "Guy Weller" <Guy.Weller at kencomp.net>
To: "Rick Fisk" <refisk@chartermi.net>; <spridgets@Autox.Team.Net>
Sent: Monday, January 17, 2005 12:39 PM
Subject: Re: RE: January in Scotland (no lbc) long*
> What you say is true, but presumably MM then need to restock at the
current
> prices or next time you go to them for something it will be "on back
order"
> No, I shouldn't be defending them becaus ethat is probably exactly what
will
> happen! And if the echamge rate falls again, will they reduce their prices
> because they can then re-stock at a lower rate? I doubt it!
>
> Guy
>
> -----Original Message-----
> From: Rick Fisk <refisk@chartermi.net>
> To: spridgets@Autox.Team.Net <spridgets@Autox.Team.Net>
> Date: 17 January 2005 17:15
> Subject: Re: RE: January in Scotland (no lbc) long*
>
>
> >The part I like about these price increases is that chances are pretty
good
> >MM has had these parts on the shelf for some time. They bought them at
the
> >old prices. The exchange rate changes and they immediately jack their
> >prices up to match. Guess who gets screwed.
> >
> >----- Original Message -----
> >From: "John Daniel Caffrey" <jdc6@lehigh.edu>
> >To: <spridgets@autox.team.net>
> >Sent: Monday, January 17, 2005 11:29 AM
> >Subject: Re: RE: January in Scotland (no lbc) long*
> >
> >
> >> I hadn't checked on the exchange rate but was suspecting a recent
> >> upward surge. On Friday I looked up MM's price on the cam belt drive I
> >> want and it is now $360.00. Wow, my notes from price checks in
> >> mid-December show $270.
> >> John
>
>
>
> --
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