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SUPERMARKET PROFITEERING

Submitted on Saturday 12th November 2011

Published on Monday 14th November 2011

Current status: Closed

Closed: Wednesday 14th November 2012

Signatures: 2

Petition Action

SUPERMARKET PROFITEERING

Additional Information

Debate the fact that while it is publicised that supermarkets are attaining a 3%-6% profit margin, current voucher and other offers are 10%-50% savings (or more) on food and sundry items in all major supermarkets.

Debate just what profit margins are actually applied and how such large savings can currently be offered if a fair and reasonable profit margin is in operation.

Debate to what extent the public are exploited in their expectation of high prices. Debate if supermarkets should now be legally compelled to show Cost Price.


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