Tag: Discounting

Unprecedented Pricing Pressure In Commercial Vehicles, Ashok Leyland Says | Bloomberg Quint

Unprecedented Pricing Pressure In Commercial Vehicles, Ashok Leyland Says | Bloomberg Quint

The pricing pressure in the commercial vehicle segment has reached ‘unprecedented’ levels, with all Indian automakers doling out discounts, Ashok Leyland Ltd. Chief Financial Officer Gopal Mahadevan told BloombergQuint in an interview. “The industry, excluding Ashok Leyland, seems to believe that the best way to acquire customers is to give discounts,” he said. The high […]

Sainsbury’s sales growth cools in ‘competitive market’ | Financial Times

Sainsbury’s sales growth cools in ‘competitive market’ | Financial Times

Grocery sales increased 1.4 per cent year-on-year (including Argos in the base figure) in the most recent quarter compared to 3 per cent in the first three months of the fiscal year. General merchandise was worse: 1.6 per cent lower than last year in the latest quarter, taking half year sales down 0.1 per cent. […]

Amazon Offers New Discounts on Third-Party Sellers’ Goods | Fortune

Amazon Offers New Discounts on Third-Party Sellers’ Goods | Fortune

If you find more goods than usual on Amazon are discounted as the holiday season starts, that may not be because the sellers have chosen to cut their prices. Instead, as The Wall Street Journal reported Sunday, Amazon itself has started briefly discounting certain items sold by sellers, by as much as 9%. This only […]

Amazon provided discounts for Christmas | HashtagME

Amazon provided discounts for Christmas | HashtagME

Amazon’s new strategy to provide discounts to its customers while paying sellers full price has been launched, as the Christmas season nears and the company aims to compete with ‘brick and mortar’ stores for customers. “When Amazon provides a discount, customers get the products they want at a price they’ll love, and small businesses receive […]

JAY-Z’s 4:44 Tour Will Be His Highest Grossing Solo Run Ever Despite StubHub | Billboard

JAY-Z’s 4:44 Tour Will Be His Highest Grossing Solo Run Ever Despite StubHub | Billboard

Sales for JAY-Z’s tour represent a paradigm shift in concert tickets: by more aggressively pricing front row seats, VIP experiences and platinum tickets, concert promoters are getting increasingly more skilled at commanding high prices and record grosses from their best seating inventory. That’s bad news for ticket resellers — by pricing tickets closer to actual […]

Experts Warn Amazon Will Stumble On Major Logistics and HR Issues In Oz | channelnews

Experts Warn Amazon Will Stumble On Major Logistics and HR Issues In Oz | channelnews

“When you start delivering beyond the metro centres into the regions, that is where the real challenge will be”. Dennis claims that eBay Australia will soon launch a guaranteed delivery service, plus a price matching program. The strategy is likely intended to increase eBay’s competitiveness amidst Amazon’s influence. Commentators speculate that Amazon’s prices will generally be […]

First, Amazon destroyed retail — now, it’s coming for Starbucks | ZDNet

First, Amazon destroyed retail — now, it’s coming for Starbucks | ZDNet

Let’s look at their customer engagement model. A typical customer might make a coffee at home with whatever system and brand of coffee they have (hopefully Starbucks) and perhaps pick up a drink at a Starbucks store on the way to work. If they are particularly addicted, they’ll buy a few during the day, but […]

Why wait? eBay Black Friday 2017 deals start this week | TechRadar

Why wait? eBay Black Friday 2017 deals start this week | TechRadar

eBay deals on Black Friday 2017 may not be here for a few more weeks, but the retail site is getting into the savings spirit early with some scary good sales the day after Halloween. And that’s just the beginning. You see, eBay wants you to be a “first-minute” shopper this year by saving big […]

Nordstrom Doubles Down on Discount Format as Retail Woes Deepen | Bloomberg

Nordstrom Doubles Down on Discount Format as Retail Woes Deepen | Bloomberg

Off-Price Popularity In the past 20 years, off-price shopping has grown significantly. T.J. Maxx entered the market in 1976 and is now seen as the dominant player, competing with apparel retailers of every kind. For Nordstrom, the format has drawn in new customers as well as boosting sales — McKibbin said Rack has generated about […]

Black Friday 2017: Nordstrom, these 60 others to close on Thanksgiving | USA Today

Black Friday 2017: Nordstrom, these 60 others to close on Thanksgiving | USA Today

Sears Hometown, Shoe Carnival and Stein Mart — all stores that opened on Thanksgiving last year — will go dark along with 60-plus other stores for the holiday this year. That’s according to BestBlackFriday.com, whose 2017 Thanksgiving Closures List details retailer’s turkey day plans. Also new to the list is Nordstrom and its sister store, Nordstrom Rack, along with […]