Rite Aid Complaint - How much markup do they need?
TROY, MICHIGAN -- Last Saturday (5/19) on my way to a graduation party, I stopped at my nearest Rite Aid drug store to pick up a throw away camera. Lucky me! They had a yellow sale tag on one of the many hanging displays of Kodak FunSaver cameras: $9.99. (Not certain but I think in small print it said originally $14.99.) Using the $1 coupon printed in a newspaper a few weeks ago, I was able to purchase the camera for only $8.99 + 6% sales tax.
This morning I went to Kodak's website because I had a comment on this camera. I was surprised to find I could purchase the identical camera direct from Kodak for $4.96. True, the price was for a carton of 10 cameras, but a retailer as large as Rite Aid certainly buys in bulk so they got that or an even better price.
I'm all for capitalism, but come on now, an over 100% markup on a throw away camera?
I went to Rite Aid's site and sent them an email regarding their pricing. Don't know if I'll hear from them. When I once sent them a complaint about one of their pharmacists, they did give me a return phone call.
Will keep you posted.
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