πŸ’‘
πŸ’‘ Fun Facts
πŸ’‘

In Canada, over 7000 stores abide by the Scanner Price Accuracy Code, which states that if a product s scanned price at the point-of-sale is higher than the labeled price, the customer will receive a discount of up to 10 dollars (or the item is free if it is less than 10 dollars). This policy is in place to build trust between the store and the consumer.

β€’1 min read


Fun Fact:

In Canada, over 7000 stores abide by the Scanner Price Accuracy Code, which states that if a product’s scanned price at the point-of-sale is higher than the labeled price, the customer will receive a discount of up to 10 dollars (or the item is free if it is less than 10 dollars). This policy is in place to build trust between the store and the consumer.

Source favicon

Source

en.wikipedia.org

Share this fascinating fact! πŸ₯·

πŸ’‘More Fun Facts

Keep exploring and learning

that Joshua Thompson sued Michigan AMC movie theater over the high price of concession snacks. He claims he used to take his snacks until the theater banned the practice. Thompson paid $8 for a soda and packet of Goobers, but he spent less than $3 for the same at a drug store nearby.

Read β†’

Quakers invented the price tag. They were invented because Quakers viewed haggling as immoral since different people paid different prices for the same item. This innovation actually made retail more efficient because employees needing less training and were able to serve more customers.

Read β†’

Edd Kalehoff, the composer and performer of the iconic theme song for The Price Is Right, has not been officially recognized for his work and has missed out on millions of dollars in royalties over the course of his lifetime.

Read β†’

of the Michigan Bounty/Scanner Law: If the displayed price is different than the price at the register, you are entitled to receive the difference plus additional compensation ( bonus ) of ten times the difference. The bonus must be at least $1.00, but it may not be more than $5.00.

Read β†’

people who learn to drive as teenagers during gas price shocks like the oil crises of the 1970s drive less even 20 years later in life

Read β†’

there IS a price for happiness, or rather for avoiding unhappiness! Researchers found that a salary of $105K allows US residents to eliminate financial woes as a source of unhappiness. But the US ranks 10th globally. Who has the highest income satiation point, aka price for happiness? Bermuda!

Read β†’