A price-adjustment policy generally means that the retailer will refund the difference if it drops the price on something you purchased there in the last 14 to 30 days.
How many days do you have for a price adjustment?
Price adjustments for sale merchandise can only be made within 14 days of your purchase.Mar 13, 2018
What is JCPenney pricing strategy?
“Fair and Square” pricing was one of Johnson's strategies for JCPenney's makeover. The pricing strategy was aimed at eliminating deep discounting by offering customers an everyday low price (a strategy known as “EDLP” in the retail industry) and eliminating sales events and coupons.
How does price adjustment work?
Price adjustments, also called price protection, is a retail practice in the U.S. in which customers can obtain a partial refund of the purchase price of an item if they can show it on sale at a lower price within a fixed time frame. ... Some retailers have different policies for in-store purchase and online purchases.
What pricing strategy does JCPenney use?
“Fair and Square” pricing was one of Johnson's strategies for JCPenney's makeover. The pricing strategy was aimed at eliminating deep discounting by offering customers an everyday low price (a strategy known as “EDLP” in the retail industry) and eliminating sales events and coupons.