OnDemand WTP Pricing Research

Tag: food pricing

Raley’s brings online pricing strategy to stores | Chain Store Age

Raley’s brings online pricing strategy to stores | Chain Store Age

Regional grocery chain optimizes store prices in real time. Privately-owned Raley’s, which operates 129 stores in California and Nevada, is applying artificial intelligence (AI) technology to bring intelligent, dynamic pricing to its stores. Raley’s recently completed a pilot of the AI-based Eversight pricing suite, focused on optimizing multiple product categories across various strategic goals. As […]

Uber Eats trials new Dubai pricing structure that could hike delivery fees 140% | Arabian Business

Uber Eats trials new Dubai pricing structure that could hike delivery fees 140% | Arabian Business

Uber Eats is experimenting with a new delivery fee structure that sees its flat AED5 fee raised by up to 140 percent to AED12 for select customers in Dubai, depending how far a user is from a restaurant. An Uber spokesperson told Arabian Business delivery fees will be “more affordable” for users who order from […]

Grubhub CEO Calls Out Delivery Rivals For Price Gouging; Stock Drops 14% On Earnings | Forbes

Grubhub CEO Calls Out Delivery Rivals For Price Gouging; Stock Drops 14% On Earnings | Forbes

Grubhub CEO Matt Maloney, on the heels of a lukewarm earnings report that pummeled the company’s stock, criticized rivals DoorDash and Postmates for high service fees, extra costs hidden in menu markups and subscription programs he described as “bogus.” “The problem is by egregiously price-gouging consumers, at some point, they will figure it out,” he […]

Hershey raises prices on candy bars, Halloween candy is next | MarketWatch

Hershey raises prices on candy bars, Halloween candy is next | MarketWatch

The Hershey Co. is raising prices on its candy bars, and says Halloween candy is next on the list. The previously announced price hikes, which affect a wide variety of merchandise, are expected to impact about 20% of Hershey HSY, -1.20%   portfolio. “The price increase we announced last summer remains on track, and the […]

Thai Commerce Ministry promotes market integration in fruit pricing | Thai Visa – The Nation

Thai Commerce Ministry promotes market integration in fruit pricing | Thai Visa – The Nation

BANGKOK, 29 July 2019 (NNT) – Selling prices at farms for some fruit such as mangosteens have recently plummeted due to an oversupply during the harvest season. The Department of Internal trade has now invited retailers including petrol stations to join a video conference with commercial affairs officials across the country, to find applicable solutions […]

New price points, smaller packs: How Kellogg plans to double India revenue | Business Standard News

New price points, smaller packs: How Kellogg plans to double India revenue | Business Standard News

Kellogg Company, India’s market leader in organised breakfast cereals space, aims to double its revenue in the next five years with 20 per cent growth in its business. Kellogg India will focus on increasing market penetration both in the urban and rural areas. The company is also considering rolling out product variants in smaller packs […]

UF/IFAS Researchers Use AI to Take the Guesswork out of Fruit Pricing | Southeast AG Net

UF/IFAS Researchers Use AI to Take the Guesswork out of Fruit Pricing | Southeast AG Net

GAINESVILLE, FL (UF/IFAS) — Pricing fruit comes down to a bit of art and some science for farmers. But new technology from the University of Florida may remove some of that guesswork. “Growers often rely on their gut to estimate a price for their crop,” said Daniel Lee, a professor of agricultural and biological engineering […]

Hershey Stock Has 1 Less Bear on the Street as Candy Prices Rise | Barron’s

Hershey Stock Has 1 Less Bear on the Street as Candy Prices Rise | Barron’s

Buy Hershey candy, but not the stock. That is the overwhelming consensus of Wall Street. Less than 20% of analysts covering the iconic candy company rate the shares a Buy, far lower than the 55% average for stocks in the Dow Jones Industrial Average. Still, Hershey (ticker: HSY) stock rose about 3% on Wednesday after […]

Whole Foods grocery prices haven’t notably decreased since Amazon acquisition, study finds | Consumer Affairs

Whole Foods grocery prices haven’t notably decreased since Amazon acquisition, study finds | Consumer Affairs

In the two years since Amazon acquired Whole Foods, the average cost of groceries for Prime members who shop at chain has dropped a mere ten dollars, according to a study released Wednesday by Gordon Haskett Research Advisors. After purchasing Whole Foods in 2017 for $13.7 billion, Amazon set out to help the notoriously pricey […]

Sugar crisis: Directors demand differential pricing model; 3-day workshop held in Pune | Hindustan Times

Sugar crisis: Directors demand differential pricing model; 3-day workshop held in Pune | Hindustan Times

Sugar industry directors from Maharashtra demanded the differential pricing model for sugar which will help sell the commodity at two different prices — one for commercial use while the other for domestic use. The Maharashtra State Co-operative Bank organised a three-day workshop on sugar in the city and representatives of co-operative sugar industries and private […]