Retailers Warn MD Bill Could Affect Discounts

A Maryland bill aimed at preventing rapid price changes in grocery stores could backfire by prohibiting discounts and promotions for consumers.  The Protection From Predatory Pricing Act is a priority of Governor Moore who says passing the bill is a matter of fairness and transparency.  Cailey Locklair, with the Maryland Retailers Association, says grocers and retailers don’t use consumer data to raise prices but rather to find ways of lowering prices…

 

“There is so much competition, and a consumer will drive miles to save pennies on gasoline or a consumer good. So we literally cannot afford to raise a price on a consumer because they’re not going to come back to us.”