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Tag: food pricing

Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline | Nasdaq.com

Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline | Nasdaq.com

However, the company witnessed a 1.9% dip in comparable-store sales (comps) during the quarter, following a 2.8% decline in the preceding quarter. This was the eighth consecutive quarter of comps decline. Analysts believe stiff competition, food price deflation, an aggressive promotional environment and waning store traffic are the primary headwinds plaguing the sector. Nevertheless, Whole […]

Weak pound keeps foodservice price inflation high at 8.8% in June | The Caterer

Weak pound keeps foodservice price inflation high at 8.8% in June | The Caterer

In the ambient hot categories, inflation ran at 12% in June, thanks to rising coffee and tea prices. Inflation in fruit, a category particularly dependent on imports and vulnerable to exchange rates, stood at 13.6%. One bright spot was the sugars, preserves and confectionary category, where prices in June 2017 were 5.1% lower than in June 2016. […]

DoorDash is testing surge pricing for its deliveries in select US markets | Quartz

DoorDash is testing surge pricing for its deliveries in select US markets | Quartz

Everyone hated surge pricing when Uber first added it to rides. Now surge is becoming ubiquitous among food delivery startups, too. Postmates has “blitz pricing” and Sprig, before it went out of business, charged more to deliver during busy times. Uber brought surge pricing to UberEats late last year and, in recent months, DoorDash has […]

Herbalife: A Viable Short  | Seeking Alpha

Herbalife: A Viable Short | Seeking Alpha

If you go to Amazon.com (NASDAQ:AMZN) (US domestic), many of Herbalife’s (HLF) products are available. Two big factors that drive sales for supplemental food products are pricing and brand value. For one thing, Herbalife’s brand has been under scrutiny for sometime, which has had some impact on the company’s sales, particular since regulatory authorities around […]

Let’s Talk: Would you shop at midnight if groceries were cheaper? | Starts at 60

Let’s Talk: Would you shop at midnight if groceries were cheaper? | Starts at 60

Fixed pricing could be a thing of the past. The thought of shopping in the dead of night may sound unappealing but if it meant you could save hundreds on your monthly grocery bill, you may change your tune. It seems retail experts are predicting fixed prices will be virtually non-existent within five years. A […]

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

After creating a monopoly in Thailand, will Eatigo’s ‘never pay full price’ model wow India?  | YourStory

It’s legit. The discounts on your restaurant bill are not a bait, and are definitely a permanent feature. Here’s the utterly interesting technique through which the Bangkok-headquartered platform pulls this off. When I heard Eatigo’s claims that one will never have to pay full price for meals at restaurants again, no strings attached, the quintessential Indian consumer in […]

Amazon is getting too big and the government is talking about it | MarketWatch

Amazon is getting too big and the government is talking about it | MarketWatch

Fresh off its biggest Prime Day yet, the Whole Foods Market Inc. bid, and a slew of announcements including Amazon Wardrobe, Amazon.com Inc. was the subject of two investor calls Thursday that raised concerns that it is getting too big. In one case, hedge-fund manager Douglas Kass said government intervention could be imminent. “I am […]

Bipartisan Political Threat to Amazon May Be on the Horizon | The Street

Bipartisan Political Threat to Amazon May Be on the Horizon | The Street

As mentioned late yesterday, despite the enormous success of “Prime Day,” the continued expansion of product offerings and an all-time record stock price, Amazon.com Inc.  (AMZN) is likely to face its greatest existential threat from regulatory agencies and legislators in Washington, D.C., over the next year: “I am shorting Amazon today because I have learned […]

Higher Prices, Healthier Snacks Drive PepsiCo Profit Beat | Reuters

Higher Prices, Healthier Snacks Drive PepsiCo Profit Beat | Reuters

(Reuters) – PepsiCo Inc’s second-quarter profit topped estimates, as the company sold more higher-margin healthier foods such as baked chips and raised prices on its drinks in North America. Revenue from the company’s North American Frito-Lay business, under which it sells snacks such as Lay’s chips, rose 3 percent in the quarter ended June 17. […]

PepsiCo earnings: Can Pepsi keep raising prices to offset weak demand? | MarketWatch

PepsiCo earnings: Can Pepsi keep raising prices to offset weak demand? | MarketWatch

The big question for PepsiCo Inc. investors will be how long, and by how much, the beverage and snack giant can boost revenue by raising prices to offset declining volume. Pepsi PEP, +0.70% is scheduled to report second-quarter results before the market opens on Tuesday. Investors can assume the company will beat profit-per-share expectations, as […]