The Competition and Markets Authority (CMA) opened a project on 31 January 2023 to consider the use of unit pricing in the groceries sector. On 20 July 2023, the CMA published its unit pricing review findings. On 30 January 2024, the CMA published its findings from consumer research and unit pricing analysis. These findings examined the awareness, presence and prominence of unit pricing, who uses it and how many use it. Unit pricing is one tool used by consumers among many in making decisions about purchases.
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CMA investigates unit pricing practices in the groceries sector
Today, the Competition and Markets Authority (CMA) published its review of unit pricing in the groceries sector. The CMA has identified several problems with current unit pricing practices, which may affect shoppers’ abilities to make comparisons. This is a big cause for concern when prices are rising. The review mainly covers the unit pricing practices of eleven nationwide supermarkets. It also covers the unit pricing practices of seven nationwide variety store retailers that sell general merchandise alongside a relatively small selection of groceries.
Continue reading “CMA investigates unit pricing practices in the groceries sector”Which? exposes poor grasp of unit pricing
The Which? consumer group published its most recent investigation about unit pricing on 23 August 2022, asking “Can you spot the cheapest supermarket prices?”. If you cannot do this, you could be missing out on huge savings. The ability to use unit pricing to get the best deals is a critical skill in the cost-of-living crisis.
Continue reading “Which? exposes poor grasp of unit pricing”
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