News – Featured

Pricing News Daily > 9/18/17

Pricing News Daily > 9/18/17

Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by:     Strategic Pricing Solutions Strategic Pricing Solutions, LLC (SPS) is a management […]

This Week in Pricing > 9/16/17

This Week in Pricing > 9/16/17

This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by:     Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations […]

Texas AG files first 3 price gouging lawsuits | KDFW

Texas AG files first 3 price gouging lawsuits | KDFW

According to a release from attorney general’s office, state law prohibits businesses from charging exorbitant amounts during a declared disaster. The Bains Brothers, who own Texaco-branded gas station in Arlington, Carrollton and Richardson, were accused of charging the higher price even while displaying signs with prices in the $3-$4 range. Additional lawsuits were filed against […]

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

Why Businesses Should Lower Prices During Natural Disasters | Harvard Business Review

It’s a longstanding debate that’s reemerged during Hurricanes Irma and Harvey: During a time of crisis, should merchants raise or maintain prices when demand increases for essential products such as water, gas, and bread? Now, due to the influence of social media, a new alternative is emerging: Why not lower prices during these critical times? Economists usually […]

Wayfair, Amazon, Walmart, and Sears all sell the same furniture with different names and prices | Quartz

Wayfair, Amazon, Walmart, and Sears all sell the same furniture with different names and prices | Quartz

It’s that time of year when kids are heading back to school, others are graduating or just moving house, and millions of individuals are shopping for new furniture. Increasingly, people are buying stuff like sofas and dressers—things they used to test out in person—on the internet, thanks to the free shipping and low prices offered […]

Ridesharing Program Under FBI Investigation | PYMNTS.com

Ridesharing Program Under FBI Investigation | PYMNTS.com

Uber is the focus of a federal investigation in New York as authorities determine whether the ridesharing company used software to interfere illegally with its competitors. The Wall Street Journal reported on the investigation, citing sources familiar with the process. The probe, led by the New York office of the Federal Bureau of Investigation (FBI) […]

Amazon Faces Angry Twitter Mob Over $100 Water | Euronews

Amazon Faces Angry Twitter Mob Over $100 Water | Euronews

An Amazon representative told NBC News in a statement that the company does not “engage in surge pricing and product prices do not fluctuate by region or delivery location.” “We are actively monitoring our website and removing offers on bottled water that substantially exceed the recent average sales price. Prices have not widely fluctuated in […]

Hurricane Irma Has Sent Airline Ticket Prices Skyrocketing | TheStreet

Hurricane Irma Has Sent Airline Ticket Prices Skyrocketing | TheStreet

United Airlines (UAL – Get Report) was showing prices on more than $6,000 for a flight from Miami to Denver, according to the Telegraph. The airline, however, said the price was quoted in error, citing a computer glitch. “United did not change how we priced our seats for flights out of Florida, and we will […]

Amazon Water Case Prices Spike Ahead Of Hurricane Irma | Crime Time

Amazon Water Case Prices Spike Ahead Of Hurricane Irma | Crime Time

In a statement, the company denounced surge pricing. “We do not engage in [it],” the spokeswoman said in a statement. “Amazon prices do not fluctuate by region or delivery location. Prices on bottled water from Amazon, and third-party sellers that are doing their own fulfillment to customers, have not widely fluctuated in the last month.” That […]

JetBlue and Delta offer special pricing to people fleeing Hurricane Irma – MarketWatch

JetBlue and Delta offer special pricing to people fleeing Hurricane Irma – MarketWatch

Delta said on Wednesday it’s capping airfares for areas affected by the hurricane. Delta is also adding additional flights to and from San Juan, Miami, Palm Beach, Fort Lauderdale, and Key West, and increasing the size of aircrafts flying from San Juan and South Florida to allow more people to leave. This comes after a […]