Column: Supply-chain surcharge? Sherwin-Williams is latest company to add a sneaky fee

  • 📰 latimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 82%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

'Expect more surcharge shenanigans as we emerge from pandemic mode. Many businesses will be keen to recover higher manufacturing or wholesale costs, or past losses, without looking like they’re doing just that.' Column by Davidlaz:

Hugo Granadino recently stopped by the Sherwin-Williams paint store in Inglewood to pick up some rollers and brushes. He’s repainting the den of his South Los Angeles home.

Some context: Practically everything has gotten more expensive in recent months because of pandemic-related shortages and supply-chain issues.last month from a year ago, according to the Labor Department. That’s the sharpest increase in 13 years.Food, energy, housing — all more expensive.

“Hidden surcharges undermine consumers’ ability to shop around for the best value for their money,” said Jenn Engstrom, state director for the California Public Interest Research Group. What they’re also doing, as Engstrom observed, is preventing consumers from effectively comparison shopping. If two brands of paint are advertised at the same price, but one ends up being 4% more expensive at the register, you’ve been misled.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Davidlaz wow

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden vows to prod companies if they don't act on supply chains: 'We're going to call them out'President Joe Biden on Wednesday pressed for more private companies to help alleviate supply-chain bottlenecks, as he touted expanded hours for a major U.S.... this is terrible news Tell me you know nothing about logistics without telling me you know nothing about logistics Is it that bad? I think it would be a great help to the supply chain to reduce the shortages
Source: MarketWatch - 🏆 3. / 97 Read more »