FEATURED ARTICLE

Cleanshelf Ordered To Refund Customers For Overpricing Product

Share
A Cleanshelf Retail Store. The Supermarket chain has been ordered to refund customers for overpricing hand sanitizers.
Share

The Competition Authority of Kenya (CAK) on Monday issued a remedial order to Cleanshelf Supermarkets ordering the retailer to refund customers for overpricing hand sanitizers that have quickly become a fast moving product due to the outbreak of the COVID-19 outbreak in the country.

CAK’s investigations show that Cleanshelf has been lately inflating the price of Tropikal brand sanitizers selling the products at varying prices above Ksh800 which is the regular price.

The retailer has been ordered to refund all 960 customers who bought the hand sanitizers from the chain store and provide evidence of the same by March 26.

According to the regulator, the price of hand sanitizers at the shelves of the retailer went through the roof within hours.

“Pursuant to investigations, the Authority has established that the retailer has been unconscionably been adjusting the price of the hand sanitizers,” read a statement issued by the competition watchdog.

The regulator averred that the retailer was exploiting Kenyans by leveraging the overnight more than usual importance of the hand sanitizers to milk an extra coin from Kenyans.

The retailer has however blamed the overpricing to ‘insubordination’.

Cleanshelf claims one employee hiked the product’s price without taking the decision through the hierarchy.

“This was an individual error and the management of Cleanshelf wholly and unreservedly apologizes to all our customers,” said the company in a statement “Overcharged customers should go back to the Ruaka branch for a full refund,”

On Sunday, Kenya reported 2 more cases of the COVID-19 virus in the country after the first case was reported on Friday last week.

Part of the measures the government put in place to limit the spread of the virus include a ban on large gatherings, shutting down of boarding school and suspension of prison visits.

The country has suspended all but necessary foreign travel and shut down its borders as Kenya comes head to head with a disease that has claimed the lives of 5,000 people globally.

President Uhuru Kenyatta who announced the additional cases, encouraged Kenyans to work from home as well as avoid getting into close contact with other persons.

The Ministry of Health had also encouraged Kenyans to wash their hands regularly and to hand sanitize before and after interacting with people.

See Also>>> E-Commerce Catches a Cold After COVID-19 Outbreak

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
CBK headquarters in Nairobi
BUSINESSSTOCKS

CBK Accepts KSh37Bn at Weekly Treasury Bills Auction

CBK (Central Bank of Kenya) recorded a strong demand at this week’s...

Vodacom has picked Mariam Cassim to join the Safaricom Board as a non-executive director
BUSINESSTECHNOLOGY

Vodacom Group Tightens Grip on Safaricom with More Boardroom Seats

Vodacom Group, the majority shareholder of Safaricom plc, has moved to tighten...

Dismas Indiza tees off at the Sunshine Development Tour East Africa Swing Ruiru first leg
BUSINESSSPORTS

Absa Ruiru Invitational Golf Tournament Set for this Weekend

Absa Ruiru Invitational, the fifth leg of the Sunshine Development Tour –...

SANLAM ALLIANZ
ANALYSISBUSINESSSTOCKS

Sanlam Allianz Kenya H1 Pre-tax Profit Drops 28% to KSh201.01Million

Sanlam Allianz Holdings(Kenya)PLC, a listed underwriter and non-banking financial institution, delivered a...