Dive Summary:
- Macy's mistakenly marked down a $1,500 necklace to $47 in a nationally distributed flyer, WFAA reports.
- The inadvertent mark-down led to a sellout at least one location, according to one customer who was allowed to place an order for one of the items, even though the order was later canceled.
- Macy's issued an apology to the man, but did not confirm to WFAA how many of the necklaces were sold before the error was dealt with.
From the article:
DALLAS –– Macy's mailed an advertisement across the country this month with a major pricing mistake, which listed a $1,500 necklace on sale for $47. It wasn't just a typo in the ad, customers actually purchased them for that price and bought all the inventory at the Macy's in Collin Creek Mall, according to Robert Bernard. ...