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On May 23, 2008, a $5 million class action lawsuit was filed in California against Jewelry Television. The suit alleged that since 2003, the shopping network has sold a gemstone called andesine-labradorite, without disclosing its treatment, while promising buyers that this stone was rare and untreated. On June 2, 2008, Jewelry Television said ...
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Examples of these functions are warehousing and shelf stocking. Trade discounts are often combined to include a series of functions, for example 20/12/5 could indicate a 20% discount for warehousing the product, an additional 12% discount for shipping the product, and an additional 5% discount for keeping the shelves stocked.
The channel holds themed days such as 'Tanzanite Day'. It also holds discount days where it reduces the final auction prices by 10% or 17.5% (the latter the equivalent to the UK 17.5% VAT charge), or Under £20 or £10 days. The firm launched an additional channel, TJC Gold, in October 2012 to offer more expensive gold and platinum collections.
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