Tag: Ecommece

Fairview grad named to Trump administration post | GoErie.com

Fairview grad named to Trump administration post | GoErie.com

Dan Best, a 1987 graduate of Fairview High School, has long had an interest in controlling drug prices. The 49-year-old son of Ted and Marilyn Best now has a big platform to explore that interest. Health and Human Services Secretary Alex Azar on Friday named Best, most recently a CVS Caremark executive, to serve as […]

Publishing drug prices, selling straight to hospitals are in plans for nonprofit drug venture with STL ties | stltoday.com

Publishing drug prices, selling straight to hospitals are in plans for nonprofit drug venture with STL ties | stltoday.com

A hospital-backed nonprofit generic drug manufacturer has radical plans for the drug industry as it prepares to launch operations later this year. Leaders of the drugmaker said they planned to publish drug prices in an effort to force more transparency in an industry that is known for being opaque. Utah-based Intermountain Healthcare is leading the […]

In MIT 3-Step Price Optimization Test, Sales and Profits Soar | WWD

In MIT 3-Step Price Optimization Test, Sales and Profits Soar | WWD

Developing a price optimization strategy used to be a complicated affair that involved various marketing research, in-store and online testing, analytics and consumer surveys — and even focus groups. But advances in technology are simplifying the process. And in a test involving Rue La La Inc., Groupon and B2W Digital, MIT professor of engineering systems David […]

Trader Joe’s, Costco, Amazon lead consumer preference study | SuperMarket News

Trader Joe’s, Costco, Amazon lead consumer preference study | SuperMarket News

Some of the higher performing grocery banners — including Meijer, Publix and Kroger — appeared in the second quartile of retailers in the survey. This quartile had the highest top-of-mind recall and the second-highest financial performance. The group did not perform as well as the top quartile because their price and quality scores were not […]

Family business clicks and collects growth of more than 60 per cent | Blog

Family business clicks and collects growth of more than 60 per cent | Blog

Some price adjustments had been necessary as demand had taken off and currency fluctuations post Brexit had taken place but that was all part of doing business, according to Mr Rees. Having unveiled new depots in Central London last year and Birmingham in April of this year, DOS made further investment in its European operations […]

CBA: Most Australian retailers don’t have a strategy for Amazon | Business Insider

CBA: Most Australian retailers don’t have a strategy for Amazon | Business Insider

The Commonwealth Bank’s latest Retail Insights research suggests almost 70% of people likely to purchase from the online platform. But most retailers (78%) don’t have a strategy to combat the global retail giant. “It seems Australian shoppers are ready for Amazon but many of our retailers are still at the drawing board,” Commonwealth Bank National […]

Post-Irma: When do high air fares become price gouging? | mjAJC

Post-Irma: When do high air fares become price gouging? | mjAJC

When evacuees from Florida expressed shock at sky-high air fares for last-minute trips and accused airlines of price gouging, some frequent business travelers reacted with knowing bemusement. “Overall, last-minute prices were in the same ballpark as a business traveler would pay,” said Patrick Surry, chief data scientist at Hopper, an air travel app. Last-minute air […]

Irma price gouging highlights sad truth: Consumer fleecing is the new normal | WTOP

Irma price gouging highlights sad truth: Consumer fleecing is the new normal | WTOP

(THE CONVERSATION) Since Hurricane Irma put Florida in its sights, there have been thousands of reports of price gouging on everything from water to gasoline. The most notable complaint was not, however, the one alleging a US$72 charge for a six-pack of water. Rather, it was the $3,200 reportedly asked by Delta for a ticket […]

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 […]