A Best Buy in Texas is facing a torrent of criticism on Tuesday after a journalist posted an image to Twitter showing the electronics store selling water for almost triple the price in the midst of a natural disaster.
A photo tweeted by Mr. Klippenstein showed Dasani 24-packs on sale for $42.96 and a “limited supply” of Smartwater 12-packs for $29.98.
Mr. McGovern told journalist Ken Klippenstein that the Best Buy on Highway 290 in the Houston suburb of Cypress was “taking advantage of people in need” for overpricing cases of bottled water. They said that the employees got confused and were pricing it based on what it would be if you took the price of a single bottle of water and multiplied it.
Best Buy explained that they don’t normally sell water but had made an exemption due to Hurricane Harvey. We’re sorry and it won’t happen again.
A spokeswoman for Texas Attorney General Ken Paxton (R) told The Hill earlier Tuesday that the office had received at least 600 complaints of price gouging and fraud after Harvey hit the region.
‘If you gouge somebody that’s over 65 the [fine] is up to $250,000, ‘ Paxton added. Texans reported businesses driving up prices in the wake of the disaster as companies reportedly anxious about supply and demand. “Unfortunately, price gouging like this can be common following natural disasters”, she continued.
“I don’t think as large as our country is, as large as Texas is, that supply is ultimately going to be that big of an issue”, Paxton told CNBC. There have also been reports of packs of water priced at $99. The Best Western Plus charged $321.89 instead of the standard $120 – $149 per night.