Tags: walmart | fined | sugar tax | soda | new york

Wal-Mart Fined for Charging Nonexistent Sugar Tax on Soda in NY

Image: Wal-Mart Fined for Charging Nonexistent Sugar Tax on Soda in NY
(Tim Boyle/Getty Images)

By    |   Tuesday, 16 Sep 2014 06:30 PM

Wal-Mart has been fined after an investigation into some New York stores that charged a nonexistent "sugar tax" on soda.

The New York attorney general's office says the retailer launched a national sale in June advertising Coca-Cola 12-packs for $3, but consumers at 117 Wal-Mart stores in New York were routinely charged $3.50.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

Investigators say some consumers who complained were falsely told the state has a "sugar tax." They say the markup of more than 16 percent violated state laws.

They say Wal-Mart ran a similar sale in March, and 66,000 12-packs of Coca-Cola have been sold in New York at an inflated price.

The settlement requires Wal-Mart to pay over $66,000 and improve internal reporting.

A company spokesman says they're enhancing procedures to ensure proper promotional pricing.

Urgent: Assess Your Heart Attack Risk in Minutes. Click Here.

© 2017 Newsmax. All rights reserved.

   
1Like our page
2Share
TheWire
Wal-Mart has been fined after an investigation into some New York stores that charged a nonexistent "sugar tax" on soda.
walmart, fined, sugar tax, soda, new york
154
2014-30-16
Tuesday, 16 Sep 2014 06:30 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved