Representatives from Cure CVS testified today before a Massachusetts state senate joint committee hearing, urging elected leaders to uphold the state's item pricing laws. Multiple bills are under consideration by the legislature, and revisions could weaken item pricing laws which currently require food and grocery retailers to sell any item
in the store at the lowest price indicated on an item, sign or
advertisement. Revisions to the laws could restrict the state's power to protect consumers from
retailers that overcharge.CVS Caremark Corp., the nation's largest pharmacy chain, is by far the most penalized food retailer in the state for overcharging and other pricing violations, according to Massachusetts Office of Consumer Affairs and Business Regulation. And the overcharges aren't always just an oversight: some Boston-area CVS stores are still overcharging, even after being notified of specific pricing violations.
"CVS gives us hundreds of reasons why lawmakers need to keep our state's item pricing laws intact," Faron McLurkin of Cure CVS said at today's hearing before the state senate. "Seven hundred and eleven reasons, to be precise. That's the number of overcharges state inspectors found at CVS last year."
Overcharges at CVS increased 67 percent from 2007 to 2008, indicating that CVS has failed to correct prior violations of state item pricing laws. On average, state inspectors found almost five times more overcharges per inspection at CVS stores than at all other retailers in the state.
Although CVS stores made up only 6.6 percent of all state pricing inspections in 2008, CVS's violations accounted for 32 percent of all overcharges caught by the state that year. That's almost one third of all the overcharges inspectors found in Massachusetts. Massachusetts Consumer Affairs and Business Regulation Undersecretary Barbara Anthony has ordered CVS to correct its illegal overcharging problems.
To learn more about CVS's pricing violations in Massachusetts, download a copy of Cure CVS's report Your Total Comes To More than the Advertised Price: How CVS Hasn't Fixed Its Pricing Violation Problems in Massachusetts (PDF).


























