CS Monitor: Do warehouse shoppers save in the long run?
Christian Science Monitor has this story: Warehouse shoppers – Do you save enough to justify the trip?
A snippet:
While these clubs offer significant savings, experts say the warehouse experience can also incite unplanned spending, a situation many shoppers hope to avoid during an economic downturn.
“People like to get a deal,” says Larry Compeau, associate professor of consumer studies at Clarkson University’s business school in Potsdam, N.Y. “A deal has value above and beyond the money saved; there’s a psychological effect,” which can inspire consumers to overspend, he says.
The savings is even more of a tricky scenario to consider when you have to make an out-of-town trip to get to one of those stores!
One of my co-workers (I don’t know who to credit!) put the print edition of this article on my desk. If you have news articles or links to share about frugal living or personal finance topics, send me an e-mail.
Posted: August 26th, 2008 under Frugal living, Groceries, In the News.
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