The Traderszone Network

Published in TZ Latest News 28 December, 2015 by The TZ Newswire Staff

Whole Foods to pay $500,000 to resolve NY City overcharging probe

Whole Foods Market Inc (WFM.O) has agreed to pay $500,000 to resolve an investigation into whether the supermarket chain charged too much for some prepackaged foods at its New York City stores, a city agency announced on Monday. The New York City Department of Consumer Affairs said the settlement also requires the company to adhere to standards aimed at preventing overcharging. The Department of Consumer Affairs in June had announced an investigation of Whole Foods after finding its New York City stores routinely overstated the weight of prepackaged meat, dairy and other goods.