Pennsylvania Liquor Control Board Extends Moratorium on All Retail Price Increases
HARRISBURG, Pa., June 15, 2011 /PRNewswire-USNewswire/ -- In an unprecedented move, the Pennsylvania Liquor Control Board today again rejected more than 400 price increases requested by industry representatives, maintaining current retail shelf prices for consumers.
"The Board's decision today was made entirely on behalf of our customers," said Patrick J. "PJ" Stapleton. "Too many Pennsylvanians are still living with significant financial strains, given the continued challenging economic environment. Maintaining current shelf prices ensures people can enjoy their favorite wine or spirit without sacrificing their family budget."
Today's decision marks the second time in the past fiscal year the Board has held the line on price increases from vendors. The PLCB originally implemented a moratorium on vendor price increases in November 2010, while also maintaining its own operational costs.
"Making this decision was certainly not without long deliberation," Stapleton said. "We see this as a critical step toward the future success of our system as we continue to feel the effects of the country's economic condition."
Over its 77-year history, the LCB has been able to provide wine and spirit products at competitive prices for Pennsylvania consumers, while still generating substantial profits for the state General Fund. Those profits help to fund public education, public safety and other vital services, and to keep taxes down.
Recognizing the dangers alcohol poses if not consumed responsibly, the PLCB also remains focused on raising public awareness to the dangers of problematic and binge drinking. Through its efforts, the Board issued nearly one million minor challenges in its retail stores during the last year, ensuring those who are underage are not able to purchase alcoholic products.
Media contact: Stacey Witalec or Stacey Kriedeman 717-783-8864
SOURCE Pennsylvania Liquor Control Board