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Tag: Grocery Pricing

Supermarket Shoppers Often Use Grocery Unit Pricing to Compare Value | Consumers’ Federation of Australia

Supermarket Shoppers Often Use Grocery Unit Pricing to Compare Value | Consumers’ Federation of Australia

An exploratory survey of Australian grocery shoppers has shown that almost all reported that they use unit pricing to some degree to make value comparisons between products, and most said they use unit pricing frequently and for several types of value comparisons. The on-line survey of 104 members/supporters of Choice (Australian Consumers Association) was conducted […]

Aldi battles Walmart for price leadership | SuperMarket News

Aldi battles Walmart for price leadership | SuperMarket News

Aldi is responding to Walmart’s aggressive price cuts by expanding its offering of private label products and adopting a more flexible pricing strategy that will help it maintain its price leadership position, according to a Reuters report. The German-owned retailer, which earlier this year unveiled a $1.6 billion remodeling effort to expand its perishables assortments […]

Sainsbury’s and Morrisons continue to battle in the UK supermarket price war | Investomania

Sainsbury’s and Morrisons continue to battle in the UK supermarket price war | Investomania

The first and most obvious reason is that investors, especially long-term buy-and-hold investors, may receive less income for holding Sainsbury’s shares. For many investors, the reason they hold shares is for gradual capital growth and a dividend that could exceed the income return they are able to achieve from a bank account. As far as […]

Sprouts fights off pricing woes, beats estimates in Q1 | Supermarket News

Sprouts fights off pricing woes, beats estimates in Q1 | Supermarket News

Gross profit margins were down by 110 basis points from last year’s first quarter, when falling input costs had not yet filtered to the shelf level. Officials said deflation of 3% in the quarter was the highest it had ever experienced, but that it moderated throughout the quarter, led by rebounding produce prices. That was […]

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor | Australian Food News

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor | Australian Food News

Coles supermarket has signalled it will continue to invest in its ‘everyday low pricing’ strategy to win over customers. In reporting the financial results for the third quarter of its 2017 financial year, Coles Managing Director, John Durkan, said the supermarket needs to “continue to proactively invest in the customer” to maintain its market position. […]

How artificial intelligence could help you save money on groceries | Globalnews.ca

How artificial intelligence could help you save money on groceries | Globalnews.ca

Imagine walking into the produce aisle of your local grocery store and being able to look at a digital display, instead of a wrinkly plastic tab, to figure out the price of a head of lettuce. The prices displayed on the screen would change in real time based on a host of factors including inventory size and shelf […]

As price wars heat up, retailers should focus on localized, targeted discounts | Food Dive

As price wars heat up, retailers should focus on localized, targeted discounts | Food Dive

According to a recent survey conducted by consulting firms Bain & Company and ROI Consultancy Services, good value and low prices are the first and third most important attributes shoppers look at when selecting a supermarket. Clearly, a lot of consumers are closely scrutinizing those price tags. And in a competitive industry that’s increasingly migrating […]

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 […]