Saw this in the Morning paper (Not published on the Web)
How are 2 rival "Pound" shops in the seaside resort of Weymouth UK trying to outdo each other by doing what?

The clue is there... want 2 numbers (We work in Pounds and pence (p))

I would guess that they are selling things for 99p

That's what our pound shops in Hyde do. And we have about 6 of them!

Thats 1 of the answers the other price is?

Jenny Its a rip off here.(Wigan and District) everything is a pound...
Think I 'll live in your town. Save a penny or 2.

My guess is that they are selling things in packs of two or more as a job-lot at 99p, like a two- for- one deal, when before the items were sold singly. So then a rival offers yet another object in the deal and so on.

No Fred Not a 2 for 1 offer ...good guess.

If one goes at 99p, the other drops down to 98p and so on?

To save dragging this out
And you were almost there Jenny
1 store reduced to 99p (like you said) and its rival is selling @ 97 P!

just saw this in another forum

quote:

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Originally Posted by lamnicholas
Quite amusing on Hounslow High Street, where there is already a Poundland and a 99p Store, someone has opened a '98p Store' and there's a new '90p store' further up the road.
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I remember going to Bognor Regis a couple of years ago and they had a "60p Store". For me, that summed the town up nicely.

The top of the Bottomless price shops for me was the Old Morgans 50p Shop in Liverpool Town Centre (closed) where Ok, you couldn't get quality at that price 2 bars of soap? soapdishes ..but it paved the way for the Pound shops

quote:

Originally posted by bedstor:
the Old Morgans 50p Shop in Liverpool Town Centre (closed) where Ok, you couldn't get quality at that price 2 bars of soap? soapdishes ..but it paved the way for the Pound shops

Paved the way? Well, yes, but Mr Marks got there first, in the days when a £1 was far, far more than a week's wage: 'Don't ask the price:it's a penny'.That's inflation for you ! That was in 1884 in Leeds. In America Mr Woolworth used the same idea but failed with his first attempt at 5 cent stores and only hit it big when he had 'five and dime' merchandise.

About forty years ago in Cambridge a price war broke out when the local John Lewis , called Robert Sayle's, with its national boast 'We are never knowingly undersold', found that a new fabric shop opposite was selling the same cloth as it was but more cheaply. So it cut its price whereupon the new rival did the same and so on until the stores were almost giving the cloth away, both selling it for the smallest coin.