Mandatory Unit Pricing At Supermarkets In The Works
November 30th, 2009 | by admin |Come next year supermarkets have to inform in more detail the price of each item on their store shelf. The change will be based on an initiative by the Ministerio de Economía which forces supermarkets to better inform the public.
If and when the initiative is adopted, supermarkets will have to inform the public not only on the final price of the product by also on the unit cost. For instance, the pricing label for a can of tuna should also include the cost per gram or the cost per kilo for a bag of rice, in addition to the final price of the item.
Some retailers like Pricesmart already do that, not out of mandatory regulation, but to inform the public in comparing prices.
