Wednesday, February 25, 2015

Retailers have agreed to freeze prices for some products – Interfax

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The Association of retailers suggested FAS freeze prices for socially important products; after approval of the project will fix prices for two months

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Moscow. February 25th. INTERFAX.RU – the largest retail network of the Association of Retail Companies, which includes including “Magnet”, X5 Retail Group, “Auchan”, “Dixie” and Metro Cash & amp; Carry agreed on a joint method for controlling the growth of prices and pressure officials.

According to the “Vedomosti” , ACORT sent to the Federal Antimonopoly Service ( FAS), a draft agreement, which establishes a fixed retail prices for socially important products. Once FAS approved the agreement, prices will be frozen for two months.

According to the deputy head of FAS Andrey Kashevarova FAS positive attitude to the initiative ACORT.

It is noted that the project does not indicates a specific list of products for which prices are fixed. “Networks prompted to start from the list of socially important goods and independently form a basket” – said “Vedomosti” employee of a retail companies.

Earlier, the freezing of prices announced separate companies, members of the association: “Dixie”, Metro Cash & amp; Carry, “O` Kay.” In particular, the “Dixie” on February 9 announced the freezing of prices for basic food packages in stores “at home” for a month. Add to Cart Fixed price includes buckwheat, rice, millet, pasta, sunflower oil and butter, flour, dumplings, frozen fish.

In addition, the company guaranteed the preservation of the minimum trading margin from 0 to 15% Some of the most popular products. Moratorium on raising margins in stores “Dixie” covers several types of sugar, salt, cereals, butter, flour and eggs on.

The rise in prices after the import restrictions of certain types of food in August and on the background of the devaluation ruble attracted the attention of the authorities to retailers: been calls to regulate prices and margins, prosecutors began checking stores. For example, the Moscow Prosecutor’s Office announced in late January that found overpricing twice or more in many major retail chains: “facts economically unjustified trade margins for certain types of food products” have been identified in the stores, “ABC taste”, “Crossroads”, ” Magnolia, “” Dixie “,” Magnet “,” Bill “and” Spar “.

Retail Companies Association brings together 37 companies, including” ABC taste “, belonging to the group Auchan” attacks “and” Auchan “” Bill “,” Vester “,” Hyper “(Russian German network structure Globus),” Dixie “,” tape “, Metro Cash & amp; Carry (part of the German Metro Group), “O` Kay” X5 Retail Group, “Magnet”, “M.” (MOEX: MVID).

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