State regulators crack down on grocery chain for selling cheap milk

open quoteLouisiana state regulators recently cracked down on a supermarket chain’s weekly promotional deal because it was selling milk too cheaply — which violates state law.

The upscale Fresh Markets was selling gallons of milk for $2.99 as part of a weekly promotional deal. Louisiana requires that retailer price markups be at least six percent above the invoice and shipping costs of the product.close quote

Read more: http://dailycaller.com/2013/01/26/state-regulators-crack-down-on-grocery-chain-for-selling-cheap-milk/#ixzz2JANvA0Ax

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