SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: food pricing

Strengthening of the wholesale prices in 2016-17 also indicates a slow recovery in pricing power of industry | The Times of India

Strengthening of the wholesale prices in 2016-17 also indicates a slow recovery in pricing power of industry | The Times of India

The end of the fiscal year 2016-17 saw the wholesale price index (WPI) slump from a high of 6.6% in February 2017 to 5.7% in March. This is a respite from the persistent hardening of prices in the previous three months. But despite the gain the wholesale price index ended up at a three year […]

Illegal street vendor sues partner over exploitative pricing scheme | New York Post

Illegal street vendor sues partner over exploitative pricing scheme | New York Post

Last year, the fed-up food peddler sued Wu — even though he was participating in the illegal scheme, too — claiming she breached their contract by refusing to renew the permit at the agreed-upon price. In court papers, Wu denied that she “willfully” or “knowingly” entered into an unenforceable contract with him, although she did […]

Woolworths new price strategy is ‘psychological conditioning’ | The New Daily

Woolworths new price strategy is ‘psychological conditioning’ | The New Daily

A new ’round numbers’ pricing strategy which Woolworths says will help its customers is actually little more than a psychological ploy, according to a retail expert. The grocery giant announced on Thursday it is moving the prices of more than 20,000 products to round dollars and no cents. Woolworths director of buying and merchandise Steve Donohue […]

Deflation will end, but price wars are just beginning for retailers | Food Dive

Deflation will end, but price wars are just beginning for retailers | Food Dive

Retailers need to know their strengths and how they are different from their competitors, and then zero in on those areas. In its most recent earnings report, Tops Markets discussed two holiday pricing promotions that helped the company retain market share. Tops had enjoyed success with the promotions in the past, and knew its customer […]

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda […]

Pricing concerns follow crab, shrimp cuts in Canada | Seafood Source

Pricing concerns follow crab, shrimp cuts in Canada | Seafood Source

Right after the Department of Fisheries and Oceans Canada slashed the total allowable catch (TAC) for the Newfoundland and Labrador region 22 percent to 35,419 tons, crab harvesters received bad news on pricing. On 4 April, the Standing Fish Price Setting Panel set raw material crab prices at CAD 4.39 (USD 3.27, EUR 3.07), an […]

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Poundland unveiled its plans to expand its price proposition and widen its in-store product offering. Will the move inspire or alienate its shoppers? The discount retailer has dabbled with multi-price products over the years, but this week the business planted its flag in the ground and introduced 50p, £2 and £5 price points. The move […]

Food Truck Menu Pricing Methods | Mobile Cuisine

Food Truck Menu Pricing Methods | Mobile Cuisine

Setting menu pricing for the products you sell from your food truck is one of the most crucial components to running it, because the prices you set directly affect your ability to sell, cover costs, and generate your desired level of profit. Food cooked on food trucks is normally priced on a per item basis. […]

Poundland introduces new price points | IGD Retail Analysis

Poundland introduces new price points | IGD Retail Analysis

As the new £1 coin is introduced, discount retailer Poundland has unveiled its new pricing strategy, however focus will remain on the core price point. New price points: 50p, £2 and £5 Poundland has introduced three new price points – 50p, £2 and £5 – taking it from a single-price retailer to a multi-price retailer […]

Why better understanding of price vital to drive profits – column | just-food

Why better understanding of price vital to drive profits – column | just-food

Food manufacturers operating across Europe, faced with differences in how sensitive different markets are to price, need to develop innovative pricing and promotional strategies to win, Dr Anthony Graham, IRI’s executive vice president of international solutions and innovations, argues. Pricing is the simplest and most effective lever to pull to optimise margins – but manufacturers […]