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The Scanner Price Accuracy Code is a Canadian retail voluntary practice managed by the Retail Council of Canada and endorsed by the Competition Bureau. [1] It was introduced in June 2002 [2]: 2 as Canadian retailers were in the midst of updating their point-of-sale systems with barcode readers [1] to "foster consumer confidence" with the new systems. [3]
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The spread is evident in Costco’s pricing. With the spot price of gold at $2,018 in mid-December, its gold ingots cost about 3 percent more than the fair, market-determined value of gold. But ...
Sam's Choice, originally introduced as Sam's American Choice in 1991, is a retail brand in food and selected hard goods. Named after Sam Walton, founder of Walmart, Sam's Choice forms the premium tier of Walmart's two-tiered core corporate grocery branding strategy that also includes the larger Great Value brand of discount-priced staple items.
Bi-Mart is an employee-owned chain of retailers located in the western U.S. states of Oregon, Washington, and Idaho. [1] A typical Bi-Mart houses merchandise includes electronics and small appliances, housewares, hardware and power tools, sporting goods, automotive, apparel, canned and packaged food, personal care products, and, through the end of 2021, a pharmacy at many locations.
A Fedco price tag marking a compact disc Fedco had an aggressive pricing model and employed "secret shoppers" to determine prices of other retailers. The Fedco price on many items ended in 87 cents to claim the lowest price, even if it was only pennies below the customary 99 cent prices of competitors.
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