OnDemand WTP Pricing Research

Tag: Grocery Pricing

How Whole Foods competitor Thrive Market plans to beat Amazon | Digiday

How Whole Foods competitor Thrive Market plans to beat Amazon | Digiday

“Amazon buying Whole Foods has created a big opportunity for us,” said Nick Green, the co-founder and CEO of Thrive Market. “Whole Foods has been the standard bearer for natural foods and organic products, but the challenge it has had is that many people don’t live near one, and many people can’t afford it. When […]

Turkish Onion Prices Surge 51%, Defying Crackdown on Inflation | Bloomberg

Turkish Onion Prices Surge 51%, Defying Crackdown on Inflation | Bloomberg

Onion prices have surged in Turkey, defying a government crackdown on inflation. Prices surged 51 percent in November, the most of any component in a basket of prices whose gains decelerated in November to 21.2 percent from a 15-year high the month before. The government has been raiding storehouses where producers and dealers store onions, […]

How Can Grocers Make Personalized Pricing Work? | Progressive Grocer

How Can Grocers Make Personalized Pricing Work? | Progressive Grocer

Just one generation ago, almost all groceries were sold in full-service traditional supermarkets; now such stores comprise less than half of the marketplace. Established industry retailers already pressured by long-standing competitors face another challenge as many of the non-traditional retailers now in the space are gaining competitive advantage and taking share by offering low prices. […]

Amazon undercuts Woolworths and Coles on food and grocery prices | AFR

Amazon undercuts Woolworths and Coles on food and grocery prices | AFR

Amazon’s assault on the $100 billion food and grocery market could reignite the battle between multinational food and grocery suppliers and Woolworths, which believes brand owners may be favouring the e-commerce giant with cheaper prices on brands such as Colgate, Huggies, Omo and Finish. After stepping up pressure on Woolworths and Coles by adding food and beverages to […]

Grocers: It’s Time to Disrupt Your ‘Traditional’ Predictive Analytics Approaches | Progressive Grocer

Grocers: It’s Time to Disrupt Your ‘Traditional’ Predictive Analytics Approaches | Progressive Grocer

THE AI APPROACH The AI approach is based on processing all the available data and evaluating the connections and relationships between every single product, which sheds light on the various “ripple” effects – such as cross-category cannibalization/affinity, promotional and price elasticities, and forward-buying – that occur across the entire retailer’s product assortment anytime a decision […]

Consumers Gobbling Up Low Turkey Prices This Thanksgiving | WBAA

Consumers Gobbling Up Low Turkey Prices This Thanksgiving | WBAA

Rolling your cart down the grocery aisle in preparation for the big meal Thursday, you can expect the lowest turkey prices this decade. Shoppers can expect to pay less than $1.50 per pound of turkey this holiday, with some sales dropping the cost below 50 cents per pound. Department head of Purdue University’s Department of […]

An economist talks turkey: 5 facts about Thanksgiving pricing | SFChronicle

An economist talks turkey: 5 facts about Thanksgiving pricing | SFChronicle

Your’re getting a bargain if you buy frozen Frozen turkeys do not provide much, if any, profit for your local store. The U.S. Department of Agriculture monitors both the wholesale and retail price of turkeys throughout the year. The wholesale price – what grocery stores have to pay for an item – during the first […]

Food expiration dates are about to undergo a revolution | ISRAEL21c

Food expiration dates are about to undergo a revolution | ISRAEL21c

That’s about two billion tons of food, worth billions of dollars. It’s a shocking statistic, and at the end of the day, it’s not just the supermarkets or food producers that pay the price – it’s all of us. A hungry planet with limited resources, a high carbon footprint, and rapidly changing climate cannot afford […]

Agreements And Algorithms Can Add Up To Antitrust Liability – Anti-trust/Competition Law | Mondaq

Agreements And Algorithms Can Add Up To Antitrust Liability – Anti-trust/Competition Law | Mondaq

Last week in a hearing before the Senate Subcommittee on Antitrust, Competition Policy, and Consumer Rights, Assistant Attorney General (AAG) Makan Delrahim announced that the Department of Justice (DOJ) is pursuing criminal charges against competitors who allegedly engaged in a price-fixing scheme facilitated by the use of search algorithms. While he did not reveal further […]

Pinnacle warns of ‘intensified competition’ in grocery as Conagra deal nears | Food Dive

Pinnacle warns of ‘intensified competition’ in grocery as Conagra deal nears | Food Dive

Still, Brittany Weissman, an analyst at Edward Jones, told Food Dive last week that the deal was good for Conagra. The company in recent years has jettisoned its private label business and frozen potato company Lamb Weston to focus on its core brands, using M&A to bulk up in areas such as snacking and frozen where it already […]