Are You Getting A Discount? Just Check Some Price Tag Numbers

NEW YORK (CBSNewYork) — Little-known tricks of the trade could save you a bundle when you are shopping at some major department stores.

As CBS 2′s Andrea Grymes reported Sunday night, one number hidden on a price tag could determine whether that item will be marked down.

“There is a kind of a secret code on many price tags and price signs at various retailers, and if you know some of those tips, you will save some extra money,” said Edgar Dworsky of ConsumerWorld.org.

For example, at Target, the website LifeHacker.com found that the story has a pricing strategy that can indicate if another markdown is likely.

Some handbags and some T-shirts on clearance were spotted with a price tag ending in 98 cents. But that means the price could be slashed again, as a tag ending with a “4” represents final markdown.

Dworsky said knowledge is power for shoppers.

“You’re learning the tricks of the trade, basically,” he said. “If you know some of these codes and know some of the color codes, and you can probably save some money.”

At the Gap and Old Navy, look for the number …read more    

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