LANSING — The Michigan Grocers Association hailed Governor Rick Snyder’s call to eliminate Michigan’s item pricing law. In his first State of the State address, Snyder called the law a relic that needs to be scrapped.
"Michigan Grocers Association has fought to reform our state’s item pricing law for many years," said MGA President Linda Gobler.
This regulation is a job killer because it means higher operating costs for Michigan retailers, punishing businesses for operating in our state. We are very pleased that Governor Snyder understands that item pricing actually hurts consumers by driving up the cost of goods sold."
In his address, Snyder noted a recent economic study that said requiring individual price stickers over other forms of price marking costs the economy more than $2 billion per year.