In a matter of a few months, Macy's, Bloomingdale's, Filene's, Lord & Taylor, Neiman Marcus, Nordstrom, and Saks Fifth Avenue will be giving away $175 million in free cosmetics including makeup and fragrances. This isn't a gesture of generosity but the terms of a class action settlement.
According to The Boston Globe, the department stores and cosmetics companies "conspired to sell products at the manufacturers' suggested price only - never at a discount. It also alleged that special promotions were coordinated in a way that ensured there would be no competition among stores."
The giveaway is projected to begin in January 2009, and consumers can get up to $25 in free merchandise after signing a form stating they purchased products at the particular store between May 29, 1994 and July 16, 2003. No receipt or proof of purchase is necessary and you'll have to get your goods on a first-come, first-served basis. Find a list of product lines available in the giveaway and additional settlement details at the settlement's official website.
Will you be showing up to receive free stuff at the beauty counters?