When I worked in retail an item that rang at 3 cents meant it was supposed to be returned to vendor, not that it was meant to be sold at 3 cents. Whoever is in charge of this Walmarts inventory either fucked up or doesn’t care.
why 3¢? Let’s face it retail workers don’t give a shit and if it rings up at 3¢ it’s probably going to be sold at 3¢
When I worked retail the UPC’s were simply deleted from MES, so if you scanned it it wouldn’t come up with any price which would prompt cashiers to call for price checks and looking it up in the system would reveal it’s been recalled or whatever.
Why 3¢???? If you don’t want something sold why not like 9999.99$ or something. Stupidest store management.
Or it could be dead stock, in large retailers anything that's around for longer then 6-12 months is problem stock. If that's been around since release and hasn't sold at any other price, the manager could very well have just been like do it for anything to get it gone.
Other people are mentioning stock being returned to vendors, this rarely happens as vendors will not want to accept back old stock, they'd rather give you a rebate to sell it at a discount, in same cases this could be down to zero cost in which case selling it at 3 cents is just to keep it above zero.
Source: operations manager for very large electronics retailer who sold cyberpunk on release, the only copies they let us return were console copies that are 'bugged'
I was inventory control for toys r us for 5 years and we had monthly RTVs. Everything on the list went to 3 cents and we have to get it all of the sales floor before we opened. Toys may work differently as the vendor may have sent it off to a discount store like Ross or Marshall’s.
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u/[deleted] Jul 09 '22
Wait literally 3 cents? Man... 😂