Association of Retail Companies denies information about 100% markup on potatoes from retailers in Russia

Information about a 100% markup on potatoes in Russian retail chains is false, the press service of the Association of Retail Companies (AKORT, which unites the largest Russian retailers) told TASS. Thus, the most popular and in-demand items of bulk potatoes in October and November are sold by leading chains at retail prices below purchase prices. Earlier, Deputy Chairman of the Board of the Rusprodsoyuz Association Dmitry Leonov told TASS that the average markup on potatoes in Russia in retail chains exceeds 100%. "AKORT, as an association uniting companies that represent about 40% of the Russian food market, responsibly declares that information about a 100% markup on potatoes in retail chains is false, misleads the public and provokes consumer excitement," the Association of Retail Companies emphasized. The association indicated that the most popular and sought-after positions of bulk potatoes, which account for more than 63% of the turnover of all potatoes in retail chains, ...