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unhappycamper

(60,364 posts)
Tue Jun 24, 2014, 09:02 AM Jun 2014

Retailers to make price comparisons easier

http://www.utsandiego.com/news/2014/jun/23/retailers-publish-unit-prices-online/

Retailers to make price comparisons easier
By Katherine Poythress
6 a.m.June 23, 2014

Six major retailers are making it easier for consumers to compare prices online.

Walmart, Costco, CVS, Walgreens, Drugstore.com and e-grocer FreshDirect reached an agreement with New York's attorney general last week to provide the unit prices of the products listed on their websites — not just in New York, but in every state.

Unit prices tell consumers the cost of an item per liter, per quart, per pound and so forth. Those are the numbers that make it possible to determine whether you would actually save money by purchasing that large can of tomatoes from Costco instead of the smaller one at Walmart, for example.

"This is a monumental advance for consumers," said Sally Greenberg, executive director of the National Consumers League, in a statement about the agreement. "Providing unit prices helps consumers compare prices between items quickly and easily. Particularly important for consumers on a budget, unit pricing gives them the information they need to make informed purchasing decisions.
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Retailers to make price comparisons easier (Original Post) unhappycamper Jun 2014 OP
It will be interesting to see how this applies to specialty goods... Agschmid Jun 2014 #1

Agschmid

(28,749 posts)
1. It will be interesting to see how this applies to specialty goods...
Tue Jun 24, 2014, 09:06 AM
Jun 2014

rather than somewhat commoditized goods.

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