Canada’s competition watchdog says it is suing Hudson’s Bay Co. over alleged deceptive pricing practices — an accusation the retailer denies. The Competition Bureau claims HBC misled customers over the prices of mattresses and box springs sold together since at least March 2013 until now, according to a notice of application filed to the Competition Tribunal. HBC allegedly offered sleep sets at “grossly inflated regular prices” and then advertised deep discounts on them to promote sales, according to the document. “The regular prices of the sleep sets were so inflated above what the market would bear that sales at the regular price were virtually non-existent,” reads the filing. HBC listed a Mount Royal tight top queen sleep set at $1,998 and then a sale price of $788 in 2014, for example, but never sold one at the regular price, the agency claims.

Source: thestar February 22, 2017 17:10 UTC