Tag: Amazon

Amazon Whole Foods Price Cuts Increased Foot Traffic | Refinery29

Amazon Whole Foods Price Cuts Increased Foot Traffic | Refinery29

Amazon’s plan to make Whole Foods more affordable is working. According to Business Insider, the supermarket chain that was once maligned for its high prices saw a 25% increase in foot traffic after prices were slashed last month. Some cities, like Chicago, saw an even greater increase of 35%. Food & Wine reports that Foursquare […]

Amazon could be contributing to consumer dissatisfaction | Ragtrader

Amazon could be contributing to consumer dissatisfaction | Ragtrader

Consumer sentiment continues to drift downwards while retail spending growth has picked up over the same time period, according to the latest Deloitte Access Economics Retail Forecasts report. The report revealed that retail pricing continued to struggle in the face of improved volumes. Retail price growth was minimal, notching an increase of 1.0% over the […]

Change in Whole Foods’ Pricing Strategy Starts to Impact Grocers | Market Realist

Change in Whole Foods’ Pricing Strategy Starts to Impact Grocers | Market Realist

How Amazon is threatening grocers Amazon (AMZN) announced the acquisition of premium organic and natural food retailer Whole Foods Market on June 16, 2017. The deal sent tremors across the food retail sector on fears that Amazon would end up disrupting the grocery business in the same way it has dislocated books and electronics. The […]

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 […]

Target to slash prices on thousands of items, sending shares tumbling | CNBC

Target to slash prices on thousands of items, sending shares tumbling | CNBC

The cuts will be on items including cereal, paper towels, baby formula, razors and bath tissue, Target said. And the news comes just days after Amazon started cutting prices at Whole Foods’ stores across America. Target shares were trading around 3 percent lower Friday afternoon on the announcement. “We want our guests to feel a […]

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 […]

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 […]

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon said it doesn’t engage in surge pricing, and denied that bottled water prices have changed recently. “We do not engage in surge pricing,” 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 […]

Amazon wastes no time in trying to destroy the supermarket retailers — FreightWaves

Amazon wastes no time in trying to destroy the supermarket retailers — FreightWaves

Amazon is repeating a strategy that has worked for them in the past to pummel their competition and the customer always wins. According to a report in the Wall Street Journal, former Amazon executive in charge of performance evaluation and policy enforcement, Chris McCabe stated, “Amazon’s using the same playbook they always have when competing […]

Organic grocer adopts aggressive pricing strategy | The Western Producer

Organic grocer adopts aggressive pricing strategy | The Western Producer

Cutting prices is core to Whole Foods new strategy. “By working together with Amazon… we can lower prices and double down on that mission and reach more people with Whole Foods Market’s high-quality, natural and organic food,’ said John Mackey, Whole Foods Market chief executive officer, in a statement. Western Canada is a major producer […]