Tag: EDLP

Discounting new discount concepts | CSA

Discounting new discount concepts | CSA

Others, meanwhile, experiment with new value concepts. Kohl’s is opening up Amazon return centers and selling specialty Amazon products (the Echo line of electronics, for instance) at a number of locations. The early returns are positive, as Kohl’s posted strong first quarter numbers, and traffic at Kohl’s stores featuring Amazon was up 8.5%. Experimentation in […]

Amazon already undercutting prices on over-the-counter pills | The Star Online

Amazon already undercutting prices on over-the-counter pills | The Star Online

NEW YORK: As pharmacy chains await Amazon.com Inc’s entry into the prescription-drug market, the online retail giant is already undercutting them for non-prescription medicine for aches, colds and allergies. Median prices for over-the-counter (OTC), private-brand medicine sold by Walgreens Boots Alliance Inc and CVS Health Corp were about 20% higher than Basic Care, the OTC […]

Amazon Unveils Prime In Australia At Half-Price; Will Australian Consumers Respond? | Forbes

Amazon Unveils Prime In Australia At Half-Price; Will Australian Consumers Respond? | Forbes

Amazon launched Prime this past week in Australia at half the price it charges in the U.S. For $6.99 AUD (or about $5.15 USD)  a month or $59 AUD a year (or just under $44 USD), Australians will now be able to get free two-business day delivery on some products and access to videos, e-books […]

Amazon Could Still Disrupt The Prescription Drug Market | Forbes

Amazon Could Still Disrupt The Prescription Drug Market | Forbes

While list prices of drugs in the U.S. continue to grow at an annual clip of around 6%, real or net U.S. drug prices, including discounts and rebates, fell 5.6 percent in the first quarter of 2018. Pharmacy benefit managers (PBMs) appear to be successfully lowering net prices of drugs through higher rebates and co-payment […]

Bar in KL Gets Massive Backlash Due to Increased Prices Despite GST Removal | WORLD OF BUZZ

Bar in KL Gets Massive Backlash Due to Increased Prices Despite GST Removal | WORLD OF BUZZ

A restaurant in Bangsar has come under fire for an increase in prices of their food, even though they’ve removed the 6% GST. Netizens exclaimed that by right, with the removal of GST, business owners should not be hiking their prices instead. The government body acted swiftly and sent officers over to the establishment to […]

Call for fresh debate on removing GST from food | Jersey Evening Post

Call for fresh debate on removing GST from food | Jersey Evening Post

Andrew Bagot, managing director of Alliance, has called on the States to debate the removal of the five per cent tax from food to help bring costs down so that they are comparable with the UK. And, in a move he hopes will start a wider debate about food pricing in the Channel Islands, Mr […]

With Walmart’s imminent entry, Amazon may reset growth and profitability targets | Business Line

With Walmart’s imminent entry, Amazon may reset growth and profitability targets | Business Line

Pricing strategy While Amazon entered the Food & Groceries category four years ago, which it is betting on to make it the daily, weekly, monthly shopping site of choice for Indians who spend a substantial portion of their monthly income on food, groceries and other consumables, it will have to tweak its pricing strategy to […]

Thrifting saves pockets, recycles clothes | The Brookhaven Courier

Thrifting saves pockets, recycles clothes | The Brookhaven Courier

Thrifting is an example of one person’s trash being another person’s treasure. Thrifters have the opportunity to shop a variety of clothes at discounted prices. Racks are filled with rare fashion finds waiting to be worn. Thrifting is not a typical shopping experience, but it can lead to some unique finds if shoppers are willing […]

Retail is Reality (Part 1) | American Drycleaner

Retail is Reality (Part 1) | American Drycleaner

PRICE NOT MOTIVATOR Take the case of the retail icon JCPenney (JCP) as they went through a very visible and very publicized disastrous transition to “Lower Everyday Low Pricing.” According to a September 2013 article by Panos Mourdoukoutas writing in Forbes: “What haunts JCPenney? A strategic mistake regarding its pricing strategy — replacement of sales through […]

Macy’s betting on discount brand at mall near you | recordonline.com

Macy’s betting on discount brand at mall near you | recordonline.com

TOWN OF WALLKILL – Orange Plaza Marshalls, meet the Galleria at Crystal Run Macy’s – the new-old competitor nearby that’s stealing pages from your playbook. Come April 14, Macy’s will expand its off-price brand, Macy’s Backstage, carving out 20,200-square-feet on its second-floor to create a new store-within-a-store. The new offering represents a major effort by […]