clock menu more-arrow no yes mobile

Filed under:

The Week in Greedy Price-Gouging

New, 1 comment

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

First up was news that Chanel bags are (speculated by very educated insiders) to go up 20%. Why? Because it's Chanel, dahhling, and they want to attain that much more exclusivity. Closer to home (both geographically and ideologically) is the news that 99 Cents Only stores were just slapped with a class action lawsuit, regarding them raising their prices a fraction of a cent. By consumers (and lawyers) who obviously don't seem to care that frivolous lawsuits actually jack up the price of doing business. We ain't afraid to say it: we heart 99 Cents Only and hope they come out on top. [Racked NY; LA Times]

Chanel Robertson Boulevard

125 N Robertson Boulevard, Los Angeles, CA 90048 310-278-5505 Visit Website