5.28.2005

Business Ethics Newsline: "Michigan's third annual survey of price accuracy at the nation's leading retail chains, where the prices of on-sale items most likely to draw consumers to the stores are double-checked.

This year's in-state survey found an overall mistake rate of 16.8 percent, the Reuters news agency reported.

J.C. Penney, the nation's fourth largest retailer, wrongly scanned 33 percent of items, according to the investigators.

Company spokesman Duncan Muir said such mistakes are often attributable to 'human error' in leaving promotional signs up too long, and promised that J.C. Penney would cooperate with investigators.

J.C. Penney's 33-percent error rate was followed by Montgomery Ward (27 percent), Hudson's (19 percent), Sears (17 percent), and Target (7 percent), Reuters reported."

Ok while googleing Target to write that last rant I came across this, it seems they have overcharging errors way below the average, damn the average is 16.8%, I feel really ripped off right now that any overcharging occurs at all this is 2005 not 1905... ok I think I'm done... for now.

No comments: