Tag: food pricing

March 19: Soybean Prices and Wheat Prices Crater in Chicago | FarmLead

March 19: Soybean Prices and Wheat Prices Crater in Chicago | FarmLead

Wheat Prices Also Experience Technical Selloff In Chicago, SRW wheat contracts for May contracts fell 17 cents to fall below $4.51 per bushel. July HRW prices fell 17.25 cents to close below $4.68 per bushel. In Kansas City, HRW wheat contracts for May plunged 29.25 cents to close above $4.70. July HRW prices fell 28.5 […]

Minimum Wage Increases Are Reducing Jobs for Teens | Economics21

Minimum Wage Increases Are Reducing Jobs for Teens | Economics21

The reasons for this decline matter, both to our understanding and to the welfare of the individuals involved.  If the work decline has occurred simply because teens and their families are correctly calculating that they are better off staying in school without simultaneously holding a job, then the trend might be benign.  If so, we […]

Whole Foods calls meeting with key vendors as tensions flare | CNBC

Whole Foods calls meeting with key vendors as tensions flare | CNBC

A major point of debate for its larger vendors is the new servicing fee, proposed in the last few months, which will charge vendors for Whole Foods’ efforts to centralize its merchandising, sources said. Still, some of the sources noted their reliance on Whole Foods as a customer gives them little power with which to […]

Fast food is coming to your doorstep, but it can cost more | StarTribune.com

Fast food is coming to your doorstep, but it can cost more | StarTribune.com

FEES WITH THOSE FRIES Many apps charge delivery fees, and the amount can differ widely depending on the city you live and app you’re using. Online ordering apps charged fees ranging from $1 to as much as $11, according to a report last month from analysts at investment bank Mizuho. Typically, the app will tell […]

Pricer’s Points: Is dynamic pricing good for restaurants and hotels? | Linchi Kwok

Pricer’s Points: Is dynamic pricing good for restaurants and hotels? | Linchi Kwok

According to the theories in classical economics, an equilibrium price of a product will be reached in a free market when supplies meet demands. When supplies remain stable, an increase in demands will result in a higher selling price for the product. Restaurants and hotels offer service products that are perishable in nature (e.g., restaurant […]

Pepsi refocuses marketing behind big brands after pricing take a hit | Marketing Week

Pepsi refocuses marketing behind big brands after pricing take a hit | Marketing Week

PepsiCo is planning to refocus its marketing behind its biggest brands, including Pepsi and Gatorade, after admitting that its decision to prioritise healthier products in its advertising has impacted its full-price sales. Speaking on an investor call earlier this week (13 February), PepsiCo CFO Hugh Johnson said that while promotional activity and price points have […]

MultiBrief: Is dynamic pricing good for restaurants and hotels? | MultiBriefs

MultiBrief: Is dynamic pricing good for restaurants and hotels? | MultiBriefs

Does dynamic pricing really work? Referring back to the case of Bob Bob Ricard, a follow-up NPR report suggests that dynamic pricing works well for the restaurant. Ever since the restaurant implemented the new strategy, store traffic during the “normal” quietest times has nearly doubled. While the average check for two guests in the restaurant […]

How Inflation Works (or Why Your Chicken Is Going to Cost More) | The New York Times

How Inflation Works (or Why Your Chicken Is Going to Cost More) | The New York Times

While still low, prices are starting to rise, in what would amount to a major shift if it persists. Higher prices for rents, gasoline, medical care and food helped drive prices up 2.1 percent in the 12 months that ended in January. The root of inflation is a strong economy After the global financial crisis, […]

A hipster’s nightmare as avocado prices surge | The Daily Advertiser

A hipster’s nightmare as avocado prices surge | The Daily Advertiser

IT’S enough to make a millennial cry. Prices are soaring as demand for avocados has outweighed supply over the last month, causing a national shortage. In one of Wagga’s big supermarket chains Hass avocados are being sold for $4 each, and in capital cities prices have risen to almost $8 each. SUPPLY AND DEMAND: The high […]

Why lobster prices have stayed low in supply crunch | Undercurrent News

Why lobster prices have stayed low in supply crunch | Undercurrent News

The harvesters, processors and sellers of North American lobster are living in strange times indeed. Though the US and Canada, in 2017, saw their first decline in combined landings in nine years and global demand is continuing to surge, prices have managed to move forward by just a few inches. The price of whole live […]