Sat, May 05, 2012 - Page 2 News List

Hypermarkets to help government keep prices down

By Shih Hsiu-chuan  /  Staff reporter

Food items and other groceries that will not have their prices raised are shown in this display at a press conference in Taipei yesterday.

Photo: Fang Pin-chao, Taipei Times

Representatives of the nation’s seven major hypermarket and supermarket chains yesterday pledged to provide low-price consumer goods to assist the government in stabilizing retail prices.

At a press conference presided over by Vice Premier Jiang Yi-huah (江宜樺) at the Executive Yuan, representatives from RT-Mart, Carrefour, A.mart, Pxmart, Wellcome, Matsusei, and Taisugar said that they provided 16 kinds of daily consumer goods at lower prices.

According to the Consumer Protection Commission, Carrefour, which has the most outlets of hypermarkets in the country, will have a weekly sale of over 1,000 products with an average discount of 30 percent. RT Mart said it will hold a sale of 10 products each week, while A.Mart will feature NT$39 boxed meals and 16 different kinds of daily necessities on sale.

Local supermarket giant Pxmart, with 616 locations nationwide, will cut prices on half of its goods.

Wellcome and Matsusei, two other popular supermarket chains, will follow suit and launch discounted goods, including frozen noodles, rice, beverages and toilet paper,officials said.

Low-price areas have been set up in all 1,088 stores, Jiang said.

“Products sold in the areas are not merchandise that do not have brand names. Rather, they are all products which people are familiar with. Compared with the same or similar products sold elsewhere, they are very competitively priced,” he said.

The items on sale are not approaching their expiry date and neither are they defective, he added.

Jiang added that the Consumer Protection Commission has set up a Web site in which information on discounts in each of the seven hypermarket and supermarket chains is available to the public at www.cpc.gov.tw/eprice.asp.

Additional reporting by CNA

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