Best Buy apologizes for big mistake of price-gouging Texans for water - after their stock tanks [View all]
Source: RawStory
Bob Brigham
29 Aug 2017 at 19:27 ET
Electronics retailer Best Buy is apologizing to outraged consumers after a social media storm of complaints against a Houston area store charging $42 for a case of bottled water.
The image, which raced across the internet, shows $42.96 cases of Dasani bottled water, next to a limited supply of Smart Water for $29.98 a case.
As a company we are focused on helping, not hurting affected people, Best Buy told Business Insider. Were sorry, and it wont happen again.
The company claims the big mistake was caused by an employee multiplying the price of a single bottle. The company says the price-gouging signage was only up on Friday and that the Cypress, TX store in question is now closed due to Hurricane Harvey.
Read more: http://www.rawstory.com/2017/08/best-buy-apologizes-for-big-mistake-of-price-gouging-texans-for-water-after-stock-tanks/
Apologize when Caught Red-Handed. Praise the Free Market System!