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June 19, 2007
Supreme Court Case Could Affect Pricing Policies
The Supreme Court is currently weighing a case that may give vendors more control over how retailers price product. The case is an appeal of an earlier ruling in favor of discount firm Kay’s Kloset, which was sued by Leegin Creative Leather Products for selling its goods below the vendor’s minimum asking price.
If Leegin wins its appeal at the high court, vendors could have much more say on product pricing than they do currently.The sea change would primarily affect discount stores that are trying to compete against pricier rivals.
Posted by Blacks on June 19, 2007 07:36 AM
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