Massachusetts Grocers May Ditch Price Tags

Stores would have to pay for a waiver and set up price scanners

   

Massachusetts Grocers May Ditch Price Tags

Grocery shoppers in the Bay State may soon find price tags disappearing.

Massachusetts legislators voted to permit retailers to ditch price tags on items, if they pay the state for a waiver.

grocery checkout 630 200x200 Massachusetts Grocers May Ditch Price Tags
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Consumer advocates are outraged, pointing out that the waiver fee might be set at just $250.

The advocates have begged Governor Deval Patrick to veto the bill. Patrick has declined to say what he will do when the bill reaches his desk.

Shoppers would still be able to check item prices, but only if they carry the items to scanning stations, which would check the item’s bar-code.

Grocery stores would be required to install one price scanner for every 5,000 square feet of shopping space.

The Massachusetts Consumers’ Coalition said that the traditional price tag remained the best way for consumers to compare product prices and make shopping decisions.

A number of grocery retail chains operate in Massachusetts, including Supervalu‘s (NYSE:SVU) Save-a-Lot, Delhaize Group‘s (NYSE:DEG) Hannaford and Wal-Mart (NYSE:WMT).


Article printed from InvestorPlace Media, http://investorplace.com/2012/06/massachusetts-grocers-may-ditch-price-tags/.

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