Tag: Grocery Pricing

Should minimum calorie pricing be considered? | The Student

Should minimum calorie pricing be considered? | The Student

Following the announcement on Wednesday 15 November that the UK Supreme Court is backing the plans for the Scottish government to introduce minimum unit pricing on alcohol, should similar measures be considered for calorie consumption? The Scottish government had approved legislation five years ago to introduce a 50p-per-unit minimum on alcohol, but it had been […]

The minuscule system of pricing | Down To Earth

The minuscule system of pricing | Down To Earth

THE AGRICULTURE market cannot be explained by the simple principle of supply and demand. Rather, it is a devilish interplay of many vested interests that turn a blind eye to farmers’ concerns. There are more dubious players in the ubiquitous mandis or agriculture markets across India than in any other commodity markets. Both local political […]

Food inflation helps UK grocers to deliver record Christmas sales but caution remains over general merchandise| proactiveinvestors

Food inflation helps UK grocers to deliver record Christmas sales but caution remains over general merchandise| proactiveinvestors

Morrisons takes top spot WM Morrisons PLC (LON:MRW) was next up and it reported a 2.8% rise in sales in the 10 weeks to 7 January on the back of efforts to improve customer service and offer competitive prices. That pricing strategy will almost certainly have hurt margins, as the company said the price of […]

The Importance of Pricing for UK Retailers | The Market Mogul

The Importance of Pricing for UK Retailers | The Market Mogul

Pricing Importantly, offering discounts must be combined with an effective digital marketing strategy – and this is where Debenhams went wrong despite the price cuts. Brick-and-mortar shops have been closing, including those of Marks & Spencer, Toys R Us and Forever 21. Retailers must become more flexible and adapt to consumers who are offered more […]

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 […]

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 […]

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 […]

Factors Likely to Decide Kroger’s (KR) Fate in Q3 Earnings | Nasdaq.com

Factors Likely to Decide Kroger’s (KR) Fate in Q3 Earnings | Nasdaq.com

Kroger’s top – line has been also benefiting from Customer 1st strategy, digital efforts and recent buyouts. Third-quarter revenue is projected to come in at $27,307 million, up 2.8% year over year. However, stiff competition, volatility in food prices, an aggressive promotional environment and waning store traffic remain the primary headwinds with which Kroger is […]