Friday, January 21, 2011

Michigan Item Pricing Regulations Among Nation's Most Strict

Michigan Item Pricing Regulations Among Nation's Most Strict [Michigan Capitol Confidential]
"Snyder called the “Item Pricing Law” an undue burden on retailers.

The law requires that most items on store shelves being sold be individually priced.

He asserted that the item-pricing law cost Michigan’s economy $2 billion dollars a year.

His office didn’t respond to a message left asking how they computed that $2 billion figure.

Tom Scott, senior vice president at the Michigan Retailers Association, said Michigan has the most restrictive item pricing law in the country."

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