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Where it had cut prices, goods were flying off the shelves.
Common sense says that markets prices goods appropriately, based on supply and demand.
Without gasoline at affordable prices, goods from China don't float in at mass quantities, choking a main Wal-Mart advantage.
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They have competitive prices, good quality coffee, and an excellent location.
But exorbitantly priced goods are what Aspen is all about.
Retailers have typically priced goods just below a whole number: $9.99, say.
But high-price goods have not been fast to catch on among Web shoppers.
RedEnvelope also sells high-end items in addition to more moderately priced goods.
The company has tried to diversify, offering cut-price goods such as juicers and exercise machines.
Retailers like Best Buy and Circuit City typically price goods from 25to35percentent above their cost.
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