Some grocery retailers displaying inaccurate pricing, watchdog finds
8 months ago

Some grocery retailers displaying inaccurate pricing, watchdog finds

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Some grocery retailers are displaying inaccurate prices or failing to display prices at all for certain products, the competition watchdog has found. Missing prices; conflicting prices – when prices on products conflicted with those on shelf labels; and prices not being displayed sufficiently close to products, were the most common problems found by the Competition and Markets Authority in a review of 139 grocery stores in England and Wales. That’s why we are reminding businesses of the importance of complying with consumer law.” The view follows separate work by the CMA last year which looked at how grocery retailers are displaying unit pricing in stores and online.

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History of this topic

Price warning as 17-month run of falling shop inflation ends
1 month, 2 weeks ago

Price warning as 17-month run of falling shop inflation ends

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A 17-month-long run of falling shop inflation has ended, with …

“Predatory pricing”: Lawmakers call upon the FTC to investigate Albertsons, other major supermarkets
2 months ago

“Predatory pricing”: Lawmakers call upon the FTC to investigate Albertsons, other major supermarkets

Salon  

Sen. Elizabeth Warren, D-Mass, and Rep. Adam Schiff, D-Calif., are calling upon the Federal Trade Commission and Department of Agriculture to investigate Albertsons and other major grocery chains for “predatory pricing” practices that may have violated federal laws. Beyond what prosecutors classified as “scanner violations,” the grocers also had inaccurate weights on the labels of their products, meaning customers were …

Supermarket wars as Sainsbury’s makes price match promise across all stores
2 months ago

Supermarket wars as Sainsbury’s makes price match promise across all stores

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarket giant Sainsbury’s has said it will match prices to …

Should shops be required to show grocery prices on the shelf to help Australians budget in a cost of living crisis?
3 months ago

Should shops be required to show grocery prices on the shelf to help Australians budget in a cost of living crisis?

ABC  

Imagine going to the supermarket for the weekly shop and discovering there is not a single price in sight. There is currently no specific legal requirement for smaller stores to display prices – a loophole consumer groups say is leaving shoppers "flying blind" and struggling to budget. "In recent trips to Arnhem Land we noticed it was mostly healthy food …

Inside the “very, very guarded” agreements that dictate what’s sold in grocery stores — and the cost
3 months, 2 weeks ago

Inside the “very, very guarded” agreements that dictate what’s sold in grocery stores — and the cost

Salon  

With food prices up 25% over the last four years, it may be worth asking – what determines the cost of food? ‘A really big source of profits' for grocery stores Supermarkets’ cooperative marketing agreements are often “very, very tightly guarded documents,” John said. The FTC report found that, at the time, slotting fees typically ranged between $75 and $300 …

The big chains using loyalty card discounts for ‘rip-off’ prices revealed by Which?
4 months, 2 weeks ago

The big chains using loyalty card discounts for ‘rip-off’ prices revealed by Which?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Several supermarkets are also named in the report, including Tesco, Sainsbury’s and Morrisons, all …

As politicians point fingers on price gouging, Kroger pledges to slash grocery prices by $1 billion
4 months, 3 weeks ago

As politicians point fingers on price gouging, Kroger pledges to slash grocery prices by $1 billion

Salon  

Since first announcing plans to merge in Oct. 2022, leadership from Kroger and Albertsons, two of the largest supermarket chains in the country, have maintained the deal is necessary in order to compete with the increasingly monopolistic companies, like Amazon and Walmart, that have pushed their way into the grocery business in recent years. “Kroger’s acquisition of Albertsons would lead …

America's biggest grocery chain investigated over Uber-style surge pricing
4 months, 3 weeks ago

America's biggest grocery chain investigated over Uber-style surge pricing

Daily Mail  

Kroger, America's biggest supermarket chain, is being investigated over its use of electronic price labels on store shelves nationwide. In a letter to Kroger's CEO Rodney McMullen, the senators expressed worries that the technology could be used to gouge customers and hike grocery prices during peak shopping times. Kroger is being investigated over its use of electronic price labels on …

If supermarket inquiries alone provided cost-of-living relief, groceries would already be cheaper at the check-out
6 months, 2 weeks ago

If supermarket inquiries alone provided cost-of-living relief, groceries would already be cheaper at the check-out

ABC  

It was always going to be a matter of when, not if, Coles and Woolworths would fall from the public's good graces. The tactics Coles and Woolworths use to keep prices high, and competitors out Photo shows A number of illustrations of grocery items, like milk, apples, sausages, around two 'specials' signs 'half price' and '40% off'. ACCC to investigate …

Competition watchdog begins review of supermarket loyalty pricing
11 months, 1 week ago

Competition watchdog begins review of supermarket loyalty pricing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. So it’s good news that the Government has accepted …

Fuel retailers face fines if they do not ‘come clean’ over pricing
1 year, 1 month ago

Fuel retailers face fines if they do not ‘come clean’ over pricing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Fuel retailers face fines if …

Have rising prices permanently changed our habits at the supermarket?
1 year, 4 months ago

Have rising prices permanently changed our habits at the supermarket?

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Why supermarkets have been cleared of profiteering on food – for now
1 year, 5 months ago

Why supermarkets have been cleared of profiteering on food – for now

The Telegraph  

After months of being raked over the coals by politicians, campaigners, and the general public, supermarkets have been cleared of profiteering. The Competition & Markets Authority said on Thursday it had found no evidence of so-called “greedflation” by the nation’s supermarkets as it revealed the results of the first stage of a probe into high food and drink prices. The …

Supermarkets ordered to make prices clearer so shoppers can get better deals
1 year, 5 months ago

Supermarkets ordered to make prices clearer so shoppers can get better deals

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Supermarkets have not been clearly displaying prices, making it more …

Food price inflation not driven by weak supermarket competition, says watchdog
1 year, 5 months ago

Food price inflation not driven by weak supermarket competition, says watchdog

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. CMA chief executive Sarah Cardell said: “With so many …

Errors on supermarket bills are unacceptable, says consumer group
1 year, 8 months ago

Errors on supermarket bills are unacceptable, says consumer group

NL Times  

Supermarkets Albert Heijn, Jumbo and Plus are still making mistakes by putting incorrect amounts on receipts. The Dutch consumer association Consumentenbond said on Tuesday that new research showed that there are still many problems where the price stated on the store shelf does not match the price charged at checkout. The union called it "unacceptable and definitely unlawful," and said …

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