French supermarket chain Carrefour has been fined for overcharging customers at some of its stores in China. Other retailers – Germany’s Metro and Wal-Mart of the US – said they may have similar price problems.
Five Carrefour hypermarkets were each fined the equivalent of 55,000 euros for overcharging, which is the maximum penalty. Three of those were in Shanghai and two in southwest China’s Yunnan province.
At least 11 of Carrefour’s 182 Chinese stores have been accused of overcharging. Carrefour, Metro and Wal-Mart said it was not intentional and they will offer compensation.
Chinese shops are particularly busy at this time of the year as people stock up for the Lunar New Year holiday, which falls on 3rd February.