Stores hoodwink
customers with
false `sale' tags |
|
by Paul Nuki |
and Edin Hamzic |
|
LEADING high-street stores |
are duping shoppers into pay- |
ing inflated prices for refrig- |
erators, cookers, washing |
machines and. other big-ticket |
items by falsely indicating that |
they have been reduced by up to |
30% in pre-Christmas "sales". |
The ploy, which trading |
standards officers say is un- |
ethical and probably illegal, |
was uncovered by a Sunday |
Times survey of electrical |
retailers including Currys, the |
white goods arm of the Dixons |
Group, and Comet, which |
runs a similar chain of ware- |
house-style superstores. |
It follows the publication in |
May of a Monopolies and |
Mergers Commission report |
which found electrical manu- |
facturers were fixing prices in |
high-street stores. An earlier |
Sunday Times investigation, |
published in March, produced |
video evidence showing senior |
industry executives admitting |
price-fixing. |
In the latest inquiry, Sun- |
day Times reporters logged the |
current "sale" prices of |
nearly 50 products, ranging |
from microwaves to fridge- |
freezers stocked by stores |
including Currys and Comet. |
In most cases the "sale" |
prices were found to be the |
same or higher than prices at |
which the products had pre- |
viously been sold. |