Whole Foods has earned itself a name as one of the most over-priced grocery stores in the nation (shout out to “Whole Paycheck”). After all, this is the store that brought you bottled asparagus water for six dollars. That’s right, water with spears of asparagus in it.
After New York City officials filed a complaint against Whole Foods for mislabeling the weight and price of many of its goods, the grocery giant agreed to settle the allegations by paying a $500,000 fine (only 1/3 of the $1,500,000 demand filed) to “put this issue behind us,” as spokesperson Michael Silverman stated.
Additionally, the store will have to conduct regular quarterly audits to ensure that the products the store puts on the market are properly weighed and priced.
I love whole foods with all my heart but it is so damn expensive like I dream of a day where I can buy 5 things for under $35
— seren (@serenafeghali) December 3, 2015
Back in June, 80 pre-packed foods from Whole Foods were under investigation and all found to be mislabeled by weight, meaning customers were paying more money for less food. Both shareholders and customers were furious with the company, filing lawsuits to redeem the money they were rightfully owed.
Whole Foods co-CEOs John Mackey and Walter Robb apologized to the public in an online video for overcharging their loyal customers. The grocery store now promises to take extra precautions to ensure products will be correctly priced. These implementations include a third-party audit system, employee training programs, and a pledge to give a product away for free if found to be incorrectly priced.
According to the Associated Press, the $500,000 fine Whole Foods will pay is set to go towards the city’s budget. Looks like everyone wins.