Tag: Grocery Pricing

Tesco and Carrefour say ‘strategic alliance’ will cut prices | BBC News

Tesco and Carrefour say ‘strategic alliance’ will cut prices | BBC News

Harder fight “Another price war is now looming in the UK supermarket sector,” said Laith Khalaf, senior analyst at Hargreaves Lansdown. “The latest Tesco partnership looks like a direct response to the threat posed by the proposed merger of Sainsbury’s and Asda, who will have access to the global buying power of Walmart as a […]

Tesco to end Brand Guarantee | IGD Retail Analysis

Tesco to end Brand Guarantee | IGD Retail Analysis

Tesco has announced that it will end its Brand Guarantee scheme on July 16th in order to strengthen funding in everyday low prices. Price investment stepped up The move follows significant investments in price, particularly in fresh lines towards the end of Q1, and more generally across its product offer. These investments mean that fewer […]

Price intelligently to stop food wastage | Khaleej Times

Price intelligently to stop food wastage | Khaleej Times

So, let’s see how. Empirical data proposes that 70 per cent of all food delivery or take-out orders are placed using mobile. This is because mobile telephones are the most preferred means for browsing the Internet. Statistics show that despite the increase in the number of mobile phone users globally, these devices are being used […]

Costco, Target and Walmart are in a price war | CNN Money

Costco, Target and Walmart are in a price war | CNN Money

All four companies have said in recent months that they lowered prices. Costco: “Price is at the top of our list,” Costco chief financial officer Richard Galanti told investors on Friday. “When prices are going down…we want to be the first to go down.” Costco (COST) is using its tax cuts savings to invest in […]

Walmart targets Cincinnati home delivery market with ‘transparency’ pitch | WCPO

Walmart targets Cincinnati home delivery market with ‘transparency’ pitch | WCPO

“The great low price you see on produce, on consumables, on soup and crackers, it’s always the same low price online as they are in stores,” said Walmart spokeswoman Molly Blakeman. “That’s a big deal.” Similarly, Walmart’s delivery fee of $9.95 per order doesn’t change if you hit a certain order threshold, she added, and […]

Bar in KL Gets Massive Backlash Due to Increased Prices Despite GST Removal | WORLD OF BUZZ

Bar in KL Gets Massive Backlash Due to Increased Prices Despite GST Removal | WORLD OF BUZZ

A restaurant in Bangsar has come under fire for an increase in prices of their food, even though they’ve removed the 6% GST. Netizens exclaimed that by right, with the removal of GST, business owners should not be hiking their prices instead. The government body acted swiftly and sent officers over to the establishment to […]

Call for fresh debate on removing GST from food | Jersey Evening Post

Call for fresh debate on removing GST from food | Jersey Evening Post

Andrew Bagot, managing director of Alliance, has called on the States to debate the removal of the five per cent tax from food to help bring costs down so that they are comparable with the UK. And, in a move he hopes will start a wider debate about food pricing in the Channel Islands, Mr […]

Amazon launches discount program for Prime members at Whole Foods | 512tech

Amazon launches discount program for Prime members at Whole Foods | 512tech

“We’re thrilled for Whole Foods Market to be part of the Prime experience,” Whole Foods co-founder and CEO John Mackey said in a written statement. “Launching savings for Prime members is an amazing opportunity to bring our industry-leading quality standards and delicious food to more customers at a better price.” To use the program, customers […]

Supermarket price war: Weekly shop set to be slashed as retail giants go head-to-head | Express

Supermarket price war: Weekly shop set to be slashed as retail giants go head-to-head | Express

A SUPERMARKET price war is to ignite in the UK following the £14billion merger between Asda and Sainsbury’s that would ease pressure on household budgets following a recent squeeze on finances. Last week, Sainsbury’s boss Mike Coupe – who was filmed singing ‘We’re in the money’ – pledged to slash prices on everyday items by […]

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

The Thesis The analysts estimate only 62 percent of Whole Foods shoppers are Prime members, and CNBC reported a 75-percent overlap. As Amazon’s subscription growth begins to slow, capturing the rest of the Whole Foods crowd could prove meaningful. Incremental price cuts may ultimately make Whole Foods cheaper than traditional grocers, and considering U.S. households […]