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Stores holding line on prices.
Bangkok Post (Bangkok, Thailand)
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March 04, 2005 |
COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Byline: Phusadee Arunmas
Mar. 4--Supermarket operators have pledged to freeze product prices but only as long as manufacturers can also hold the line.
Retailers including Carrefour, Tops and Tesco Lotus also said they would show unit prices clearly for consumers, and would provide notice of price increases.
"It is impossible to keep prices unchanged if manufacturing costs are rising," said one of the executives of retail stores who met yesterday with Siripol Yodmuangcharoen, the chief of the Internal Trade Department at the Commerce Ministry.
Some of the 28 suppliers and manufacturers of daily-use products such as detergent, toothpaste ...
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Source: HighBeam Research, Stores holding line on prices.