Skip navigation
Text Size
Aug.21
8:47 PM ET
Thursday, 21 Aug 2008
Bargains That Aren't What They Seem

The economic downturn is hurting just about everyone, and retailers are scrambling to figure out how to profit when times are tight. You’ve probably noticed that you’re being bombarded with special “deals” and “discounts” more than ever, but not all the bargains are what they seem. On Thursday’s show, Carmen and Kimberly Palmer, senior editor at U.S. News & World Report, did some fact checking to separate the “buys” from the “buh-byes.”

First up was Wal-Mart, which is currently offering free shipping on back-to-school items right now. The catch? The free shipping doesn’t actually get any of the items to your door, only to the nearest Wal-Mart. The verdict? Buh-Bye!

Target is running a similar free shipping deal on a host of items including computers, kitchen supplies and furniture. And the company will ship it to you for free, for real. The verdict? Buy – but do it quick because the deal ends this Sunday.

The new site MyGallons.com offers an intriguing deal on gas, promising that you can prepay gasoline by locking in today’s price in your area if you expect the cost of a gallon to go up. It sounds great, but the truth is that the logistics aren’t all ironed out yet, and the Better Business Bureau has even issued a bulletin expressing concern over the site’s advertising practices. That’s all Carmen needed to hear. Buh-bye!

Have some "steals and deals" of your own? Drop 'em in the tipbox
Name:
Email Address:
City and State:
Phone Number:
Please choose a topic for your question or comment:
Question or Comment:
Terms of Submission:
YOU ARE AGREEING TO BE BOUND BY ALL OF THESE TERMS OF SUBMISSION. IF YOU DON'T AGREE, DON'T SEND US A SUBMISSION. CNBC WILL TAKE ANY SUBMISSION BY YOU AS AN AGREEMENT TO THESE TERMS OF SUBMISSION.
I HAVE READ AND AGREE TO THE TERMS OF SUBMISSION

© 2008 CNBC, Inc. All Rights Reserved

Permalink: /id/26334632

HOME  |  NEWS  |  MARKETS  |  EARNINGS  |  INVESTING  |  VIDEO  |  CNBC TV  |  CNBC PLUS  |  CNBC MOBILE  |  CNBC HD+
About CNBC   |   Site Map   |   Privacy Policy   |   Terms of Service   |   Advertise   |   Help   |   Feedback   |   Video Reprints
  Data is a real-time snapshot   *Data is delayed at least 15 minutes

Global Business and Financial News, Stock Quotes, and Market Data and Analysis