Quantcast

Oklahoma law limits bargains on Black Friday - KOAM TV 7

Oklahoma law limits bargains on Black Friday

Updated:

Oklahoma retailers might offer less savings on Black Friday compared to others in the Four States due to a bargain busting law still on the books.

The Unfair Sales Act law has been around for nearly 70 years and costs Oklahoma Black Friday shoppers hundreds of dollars each November.

For example, across the state line in Baxter Springs, Kansas shoppers looking to score a 60 inch smart LED TV will pay $688.  Those in Oklahoma must pay $976 for the same product.

The law was put on the books in 1949 to protect small businesses and requires businesses to sell items at cost to the retailer plus a 6% markup.  There are eight exceptions.  Examples include clearance sales of seasonal merchandise, perishable goods to avoid loss and damaged or imperfect goods.  Items sold to city, county or state government are also exempt, as well as non-profit organizations.

While it may protect business competing with large retailers within their community, it is not going over well with some Oklahomans looking to save a buck.

"You have to sell to make a profit or you don't stay in business, and if they can sell an items in Kansas and make a profit, and there is that much difference in Oklahoma, we need to change that," says Oklahoma State Representative Larry Glenn.  "Two bills - The first one would actually repeal the entire fair trade law section of the statute.  If that's not successful I'm going to do an amendment to allow them to sell to schools."

  • Local NewsMore>>

  • Nation of Patriots Flag Tour

    Nation of Patriots Flag Tour

    Saturday, July 22 2017 9:22 PM EDT2017-07-23 01:22:27 GMT

    Veterans and their loved ones gather at the Hideout Harley Davidson in Joplin to support bikers riding across the country carrying an American flag. It's all to raise money for a non profit veteran's organization called the Nation of Patriots. Bikers have a bond that unites them. And many share something else, a patriotic spirit. Making Joplin a perfect place to welcome the Nation of Patriots Flag Tour. Despite the heat, riders are carrying it across the nation to honor veterans. &.

    More >>

    Veterans and their loved ones gather at the Hideout Harley Davidson in Joplin to support bikers riding across the country carrying an American flag. It's all to raise money for a non profit veteran's organization called the Nation of Patriots. Bikers have a bond that unites them. And many share something else, a patriotic spirit. Making Joplin a perfect place to welcome the Nation of Patriots Flag Tour. Despite the heat, riders are carrying it across the nation to honor veterans. &.

    More >>
  • Standoff with Alleged Gunman in Joplin

    Standoff with Alleged Gunman in Joplin

    Friday, July 21 2017 11:11 PM EDT2017-07-22 03:11:32 GMT

    A Kansas City man is now in police custody following a Friday afternoon standoff in Joplin. 

    More >>

    A Kansas City man is now in police custody following a Friday afternoon standoff in Joplin. 

    More >>
  • Oklahoma Department of Human Services Cuts Budget by 30 Million Dollars

    Oklahoma Department of Human Services Cuts Budget by 30 Million Dollars

    Friday, July 21 2017 6:39 PM EDT2017-07-21 22:39:36 GMT
    It's playtime at Jelly Bean Kids Childcare in Commerce, Oklahoma. As the kids are digging in the dirt and flying on the swings, it becomes harder and harder for their parents to send them to a licensed daycare like this one. "It's a trickle down really. Whenever you've got cuts a state funded department, you've got families who can't afford to pay daycare and work at the same time" says director, Jennifer Trease. The alternative options to a licensed daycare might not be a...More >>
    It's playtime at Jelly Bean Kids Childcare in Commerce, Oklahoma. As the kids are digging in the dirt and flying on the swings, it becomes harder and harder for their parents to send them to a licensed daycare like this one. "It's a trickle down really. Whenever you've got cuts a state funded department, you've got families who can't afford to pay daycare and work at the same time" says director, Jennifer Trease. The alternative options to a licensed daycare might not be a...More >>
Powered by Frankly

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2017 KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.