Tag: lowering prices

HERO Sales Aggressively Smashed by Minimarket Operators | netral english

HERO Sales Aggressively Smashed by Minimarket Operators | netral english

“In the food business, competition is getting tighter as the minimarket operators continue to invest heavily in the development of their business networks,” Deutsch said, Saturday (10/28/2017), in a written statement. To anticipate this, he emphasized several initiatives to improve the company’s ongoing food business performance including reviewing the promotion and pricing strategy among the […]

Nordstrom Doubles Down on Discount Format as Retail Woes Deepen | Bloomberg

Nordstrom Doubles Down on Discount Format as Retail Woes Deepen | Bloomberg

Off-Price Popularity In the past 20 years, off-price shopping has grown significantly. T.J. Maxx entered the market in 1976 and is now seen as the dominant player, competing with apparel retailers of every kind. For Nordstrom, the format has drawn in new customers as well as boosting sales — McKibbin said Rack has generated about […]

Swing pricing dampens outflows in underperforming funds | Fund Strategy

Swing pricing dampens outflows in underperforming funds | Fund Strategy

New analysis reveals swing pricing dampens outflows in underperforming funds as Vanguard and Jupiter become the latest asset managers to introduce the pricing model. In addition, swing pricing has a limited effect during stress episodes despite liquidity mismatch being one of the issues the model aims to address, the Bank of International Settlements research says. […]

Black Friday 2017: Nordstrom, these 60 others to close on Thanksgiving | USA Today

Black Friday 2017: Nordstrom, these 60 others to close on Thanksgiving | USA Today

Sears Hometown, Shoe Carnival and Stein Mart — all stores that opened on Thanksgiving last year — will go dark along with 60-plus other stores for the holiday this year. That’s according to BestBlackFriday.com, whose 2017 Thanksgiving Closures List details retailer’s turkey day plans. Also new to the list is Nordstrom and its sister store, Nordstrom Rack, along with […]

Independent retailers remain confident after Amazon-Whole Foods Market | Supermarket News

Independent retailers remain confident after Amazon-Whole Foods Market | Supermarket News

Brett said he and his team are also trying to figure out how to reduce margins in order to lower prices. “The Whole Foods deal isn’t the shock it might have been if we weren’t already having to be very mindful of our pricing strategy,” he said, explaining they’ve been doing a strategic pricing review […]

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 […]

Vanguard changes pricing structure on mutual funds | Fund Strategy

Vanguard changes pricing structure on mutual funds | Fund Strategy

Vanguard has changed the pricing structure across its mutual funds to align it with the way costs are calculated among its peers. Funds across Vanguard’s UK and Ireland domiciled fund ranges now use swing pricing rather than single pricing, meaning that if the fund’s investors make large purchases or redemptions the price will be adjusted […]

Amazon dropped prices as soon as Noon launched, says Alabbar | ZAWYA MENA Edition

Amazon dropped prices as soon as Noon launched, says Alabbar | ZAWYA MENA Edition

American e-commerce giant Amazon, which expanded its presence in the Middle East market with the purchase in March of Dubai-based Souq.com, responded to the launch of local rival Noon.com by immediately cutting its prices, according to the latter’s founder and major investor Mohamed Alabbar. Speaking at a Leadership Dialogue panel held at the first day […]

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 […]