Tag: food pricing

Bread price fixing scandal: Sobeys fires back at Loblaw and Galen Weston | Macleans.ca

Bread price fixing scandal: Sobeys fires back at Loblaw and Galen Weston | Macleans.ca

Earlier this week, Loblaw Cos Ltd. and its parent company George Weston Ltd. admitted to participating in a 14-year price-fixing conspiracy that inflated the cost of bread on the shelves of nearly every major grocery chain in Canada. On Friday the Globe and Mail obtained a copy of a letter sent to Loblaw CEO Galen Weston Jr. […]

Getting to know the best stock in today’s market: The Kroger Co. (KR) | News Journal

Getting to know the best stock in today’s market: The Kroger Co. (KR) | News Journal

Amid the all-time high stocks in today’s market is The Kroger Co. (NYSE:KR) that had a market cap of 23.69B. The company’s P/E was valued at 15.99 as it measures its current share price to its per-share earnings. At present, (NYSE:KR)’s price is rolling at $26.41. A price change of 0.72% indicates a strong asset […]

McDonald’s returns to value pricing with $1 $2 $3 Dollar Menu | CNN Money

McDonald’s returns to value pricing with $1 $2 $3 Dollar Menu | CNN Money

McDonald’s is bringing back its legendary Dollar Menu … sort of. The fast food giant is rolling out a new menu that includes $1 items, but unlike the popular Dollar Menu that it tweaked out of existence years ago, this one includes more costly items as well. The name speaks for itself. The new menu, […]

US Grocers Face More Than Just Amazon | The Epoch Times

US Grocers Face More Than Just Amazon | The Epoch Times

Traditional food retailers are facing challenges from online retailers as well as discounters. According to market research firm YouGov, online grocery market sales will reach $30 billion in 2021, up from $12 billion in 2016. While online retail emphasizes convenience and efficiency on the higher end of the market, discount retailers put additional pressure on […]

Altering prices of 7 food groups could save 23K lives per year in US | Cardiovascular Business

Altering prices of 7 food groups could save 23K lives per year in US | Cardiovascular Business

The authors found that a 10 percent decrease in fruit prices would result in a 15.5 percent increased consumption rate among individuals who didn’t complete high school, a 14.2 percent increase among those who completed high school or some college, and a 13.1 percent increase among college graduates. On the other hand, a 10 percent […]

Costco beats Amazon on price | Retail Dive

Costco beats Amazon on price | Retail Dive

Costco is widely seen as benefiting from a treasure hunt atmosphere, where shoppers pick things off the shelves not originally on their shopping list. That, as well as its membership fees, are its saving grace — on some items Costco makes no money. It’s essentially how Amazon operates, too, with its Prime members more or […]

Economists make case for charging rich and poor shoppers different prices | WISC

Economists make case for charging rich and poor shoppers different prices | WISC

WASHINGTON (CNNMoney) – Shoppers at a Giant Food supermarket in an affluent part of Washington, D.C. last week could find a 6.4-ounce tube of Crest Whitening toothpaste for $2.09, two loaves of Nature’s Own Honey Wheat bread for $5, and a pound of gala apples for $1.79. Across town, in a zip code where the […]

Walmart Vs Target: Best ‘Black Friday’ 2017 Deals | Forbes

Walmart Vs Target: Best ‘Black Friday’ 2017 Deals | Forbes

Walmart’s Black Friday 2017 sales discounts are huge but Target TGT -1.09%’s Black Friday deals are almost as impressive. So with a huge list of savings between them covering iPhones, Galaxy smartphones, Xbox and PS4 consoles, premium and budget HDTVs, Google Home and even Amazon’s Kindle and Echo which retailer comes out on top? Let’s […]

Thanksgiving 2017: How much will Thanksgiving dinner cost? | Business Insider

Thanksgiving 2017: How much will Thanksgiving dinner cost? | Business Insider

This year’s estimated Thanksgiving dinner price is a $0.75 decrease from 2016. The ABF attributes the declining cost to the falling cost of turkeys, which usually happens every year before Thanksgiving. For example, in the average year, November’s price per pound for turkey falls 10% lower than the price in September. As The New York Times’ Catherine Rampbell notes, grocery stores know […]

Uber water shipment shows trucking’s load-matching future | JOC

Uber water shipment shows trucking’s load-matching future | JOC

The problem was compounded by a tight trucking market. This fall, capacity in general is harder to find and comes at a premium price compared with 2016. In early September, hurricanes Harvey and Irma combined with the start of the peak trucking season and a healthier economy to absorb excess capacity and push spot market […]