AG accuses retailer of jacking prices
Wisconsin-based Menards is under scrutiny in Michigan for allegedly raising prices on items related to preventing the coronavirus, according to a report by ABC 12 in Flint, Michigan.
Michigan Attorney General Dana Nessel sent the retailer a cease and desist letter alleging the company improperly raised prices on face masks, bleach, and other products. Nessel said her investigators found Menards is exploiting public fears over COVID-19 by doubling the prices on cleaning products and tying purchases to an in-store rebate. The company has 10 days to file a response.
Reportedly, Menards later apologized for the error, stating a placeholder price was used on the ad template and was posted by mistake on the website.
Related story: Retailers can't jack up prices during COVID-19 emergency