Target Will Pay Close to $4 Million to Settle Lawsuit Accusing it for Overcharging Customers
On Tuesday, the prosecutors said that Target, the country's second largest retailer will pay close to $4 million to settle a lawsuit that was filed by prosecutors of Northern California. The retailer allegedly overcharged the customers than the advertised prices.
According to the lawsuit the Minneapolis-based company is also accused of misrepresenting the product weights and also failed to make sure that the price scanners installed at the checkout points were working accurately.
The lawsuit says that Target dishonoured the competition laws and also was engaged in false advertising. Allegedly the retailer was overcharging the customers since 2008, at the register when compared to the shelf prices, as those were not being changed timely with every refill.
The shelf tags that had expired were not being changed in the right time and as a result now the retailer should keep a dedicated person to examine each price tag put up on the store shelves after merchandise are swapped every weekend.
The District Attorney of Marin County, Edward S. Berberian also discovered that some of the products from Target's shelves weighed lesser than what was mentioned on the package. To keep a check n such issues, now the company also must now hire external auditors for inspecting its products.
New Zealand News
- Tesla Model Y Performance becomes little bit more expensive to order in China
- Porsche’s recently unveiled Mission R Concept previews electric race cars of future
- Chinese manufacturer GAC’s Aion V e-SUV can charge 0-80% in just 8 minutes
- Oshidori International exits Japanese casino race, citing serious ethical irregularities
- CATL and LG Energy account for nearly 54% of global xEV battery market: SNE Research
- Italian motorcycle racer Valentino Rossi enters e-bike business with VR46 MTB range
- Micro Mobility shows off production version of Microlino 2.0 and 3-wheeled e-scooter
- Chinese electric motorcycle maker Evoke Motorcycles to set up shops in Spain
- TenneT adds more electric BMWs to study use of EVs to support power grids
- Italy’s ASPI announces plans to install cross-country ultra-fast EV charging network