Tag: Grocery Pricing

How Retailers Use Personalized Prices to Test What You’re Willing to Pay | Harvard Business Review

How Retailers Use Personalized Prices to Test What You’re Willing to Pay | Harvard Business Review

Have you ever looked up flights or hotels on an app on your phone, only to open your laptop and see different prices? That’s exactly what happened to me recently. I was using Orbitz’s iPhone app to research a vacation package to New York City. Settling on a hotel, I accessed Orbitz’s website on my laptop to book […]

Amazon bookstores offer peek into Whole Foods’ future | Fox Business

Amazon bookstores offer peek into Whole Foods’ future | Fox Business

The Seattle-based company launched its Amazon Books experiment about two years ago and has since used the locations to experiment with in-store pricing and selection. At its dozen stores in cities such as New York, Chicago and San Jose, Calif., prices aren’t marked. Instead, employees instruct shoppers to use their phones to scan a product […]

MARKET BUZZ: Dali Foods At Record Highs; Daiwa Initiates At Buy | Nikkei Asian Review

MARKET BUZZ: Dali Foods At Record Highs; Daiwa Initiates At Buy | Nikkei Asian Review

Daiwa Capital Market says company’s business model stands out with focus on developing fast growing snacks and beverage segment in China. Starts coverage with Buy rating and target price of HK$7.10. House notes Dali’s pricing strategy of more wholesale discounts and lower retail prices attractive to consumers and distributors, helping it capture market share “We […]

Kroger Co. (KR) shifts strategy, looks to sell convenience store business | WCPO

Kroger Co. (KR) shifts strategy, looks to sell convenience store business | WCPO

CINCINNATI — The Kroger Co. is contemplating the sale of its 784-store chain of convenience stores and pursuing a broader initiative to boost annual profits by $400 million in the next three years. The Restock Kroger initiative, debuted at an investor conference Wednesday, is an attempt to “redefine the food and grocery customer experience” using […]

Amazon’s 3 Underappreciated Growth Trends | GuruFocus.com

Amazon’s 3 Underappreciated Growth Trends | GuruFocus.com

Perception of being cheap but not actually the cheapest A common narrative would be that Whole Foods is a lot cheaper now that Amazon has taken over after its $13.7 billion takeover. If you take a closer look at Amazon’s pricing strategy with the precision of a pricing strategist, you will realize that perception can […]

Amazon Pressure With Whole Foods’ Competitive Pricing | eSellercafe

Amazon Pressure With Whole Foods’ Competitive Pricing | eSellercafe

The Amazon effect on Whole Foods Another effect on this is that customers from its competitors have shifted over to Whole Foods. Around 24 percent of new customers come from Walmart, while from Kroger it got 16 percent. This means that customers are preferring the lower prices that Whole Foods is offering as opposed to […]

Three grocery stores. Three strategies. Who wins on price? | The Buffalo News

Three grocery stores. Three strategies. Who wins on price? | The Buffalo News

Before Whole Foods arrived in Amherst last month, most Western New Yorkers knew one big thing about the supermarket: Its nickname is “Whole Paycheck.” So we wanted to find out, are Whole Foods’ prices really that high? And how do they compare to our two biggest local grocery chains, Tops and Wegmans? Comparing prices is […]

Wait, Who Is Beating Walmart (WMT) on Food Prices!? | TheStreet

Wait, Who Is Beating Walmart (WMT) on Food Prices!? | TheStreet

The ongoing battles in retail, especially as it pertains to pricing, may be taking a larger toll on Walmart’s (WMT – Get Report) model than previously thought. Analysts with Wolfe Research, who recently completed trips to Walmarts and Krogers (KR – Get Report) in Houston and Atlanta, discovered that Kroger’s prices were lower in both markets. […]

What Amazon Knows: ‘The war for retail will be won in groceries’ | Money

What Amazon Knows: ‘The war for retail will be won in groceries’ | Money

With lower prices for higher quality goods, Amazon is posing a direct threat to America’s major supermarkets. The six largest food retailers, which had already taken a hit after the Whole Foods acquisition was announced in June, lost roughly $12 billion in value after Thursday’s announcement about the company’s intention to lower prices. That market […]

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

  Target (NYSE:TGT) has few options other than to engage in a broad price-cutting strategy. Long under pressure from Wal-Mart and Amazon.com to remain competitive, the mass-merchandising retailer has often responded with select promotional deals to keep customers coming back. And though chains such as Kroger, Supervalu, and even Costco felt the heat from deep-discounting […]