Tag: EDLP

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 […]

Warehouse profit slumps after ‘every day low prices’ strategy | Otago Daily Times

Warehouse profit slumps after ‘every day low prices’ strategy | Otago Daily Times

The Warehouse Group today announced an adjusted net profit after tax result of $37.7 million for the first six months of the 2018 financial year (to January) – down 16 percent on the $45m posted in 2017. This profit was above the recent guidance range of $32-$35m, and delivered 9.2 cents per share dividend versus […]

Is Wal-Mart Making Another Fashion Faux Pas? | The Motley Fool

Is Wal-Mart Making Another Fashion Faux Pas? | The Motley Fool

No fashion sense A decade ago, Wal-Mart sought to keep pace with rival Target and its trendy clothing lines by launching fashions from Max Azria, Norma Kamali, and other designers. The retailer’s aspirations even went so far as to cause it to open an office in the middle of Manhattan’s fashion district. Not surprisingly, it […]

Payless Announces Strategic Initiatives to Further Transformation | Markets Insider

Payless Announces Strategic Initiatives to Further Transformation | Markets Insider

Wade continued, “In just a few short months, we have made exciting progress to propel the iconic Payless brand forward and return the customer to the center of our business. To better connect with our customers, we are piloting a new pricing strategy and have launched Hispanic marketing in the U.S., helping us reach an […]

This Is the Wrong Move for Wal-Mart | The Motley Fool

This Is the Wrong Move for Wal-Mart | The Motley Fool

Wal-Mart (NYSE:WMT) has built its image around offering “everyday low prices,” but the giant retailer’s latest move could put that reputation in jeopardy. According to The Wall Street Journal, Wal-Mart has been quietly raising prices for household items like Colgate toothbrushes and Kraft macaroni and cheese on its website. For certain items, Wal-Mart is listing prices in store that are slightly […]

J.C. Penney’s (JCP) Awful Year Comes at the Hands of Brutal Discounting | TheStreet

J.C. Penney’s (JCP) Awful Year Comes at the Hands of Brutal Discounting | TheStreet

Ellison, whose company’s stock is lower over 57% year-to-date, was confident in stating that this year’s holiday season is shaping up favorably for the retailer while noting beauty, home refresh, omnichannel, pricing strategy, and women’s apparel are instrumental in generating positive same-store-sales. Ellison also told the analysts that investors should primarily focus on the company’s […]

Express May Be Getting Back on Track | Bloomberg Gadfly

Express May Be Getting Back on Track | Bloomberg Gadfly

For several quarters, Express had been bemoaning that margins were being squeezed when it had to resort to promotions or markdowns to make sales. But this was a concerning excuse, because shoppers had been demanding a steady stream of these discounts for years now. If Express hadn’t reconsidered its pricing strategy accordingly, that suggested the […]