WALGREENS TO PAY $1.4M 1/10/13 3:00p DMF

THE SANTA CLARA COUNTY DISTRICT ATTORNEY’S OFFICE HAS ANNOUNCED A SETTLEMENT WITH WALGREENS TO PAY $1,425,000 FOR OVERCHARGING CUSTOMERS IN STORES. REPORTEDLY WALGREENS FAILED MULTIPLE TIMES TO MATCH ITEM PRICES ON STORE SHELVES TO PRICES CHARGED AT THE REGISTER. IN RESPONSE WALGREENS WILL NOW OFFER A SCANNER PRICE GUARANTEE TO COMPENSATE CUSTOMERS AND IF AN ITEM IS PRICED INCORRECTLY CUSTOMERS WILL RECEIVE 5$ IN STORE CREDIT. A SPOKEPERSON FOR WALGREENS STATED THAT IN THE PAST DISTRICT ATTORNEYS HAVE WORKED WITH OTHER RETAILERS TO ARRIVE AT SIMILAR AGREEMENTS.