Tag: Price Comparisons

Consumers use price transparency tools to financially plan, not shop around | Modern Healthcare

Consumers use price transparency tools to financially plan, not shop around | Modern Healthcare

The majority of healthcare consumers use price transparency tools to financially plan, a new survey found, contradicting claims that consumers will shop around for the cheapest providers if they know the price before obtaining care. The survey, released this week by Accenture, reported that nearly half of consumers, 46%, seek price information to budget for […]

Grocers of the future: Room enough for both Amazon and Aldi | YouGov

Grocers of the future: Room enough for both Amazon and Aldi | YouGov

If the Price is Right Retail revenue, particularly for food, has increased by as much as 86% between 1992 ($337 billion) and 2016 ($627 billion). Data from YouGov Profiles reveals that retailers like Walmart, Kroger, Albertsons, Costco, and Sam’s Club make up 40% of the market share, but competition is tight between these giants. Consumers […]

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 […]

Aldi spurs 3% price drop in SoCal grocery market | Food Dive

Aldi spurs 3% price drop in SoCal grocery market | Food Dive

Dive Brief: Aldi’s entry into the Southern California market has contributed to a 3% average price reduction on basic grocery items throughout the region, according to the Orange County Register, citing data from Strategic Resources Group. Price deflation has also contributed to the price decline. Since entering the Southern California market last March, Aldi has […]

Why furniture retailer Freedom Australia is cutting prices on 5,000 items and ditching flash sales | SmartCompany

Why furniture retailer Freedom Australia is cutting prices on 5,000 items and ditching flash sales | SmartCompany

Furniture retailer Freedom Australia says it is moving away from “potentially confusing” rolling sales in favour of an everyday low prices strategy, but one expert says completely removing the rush that sales events prompt could present challenges for the business. The 36-year-old furniture and homewares business told Inside Retail this week that its new strategy will […]

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. […]

Fluctuating fuel price affects vegetable pricing | Times of India

Fluctuating fuel price affects vegetable pricing | Times of India

Kolhapur: The traders in the city believe that a constant change in fuel prices is contributing to an exorbitant rise in the prices of food grains, pulses and vegetables. For the last two months, the dynamic pricing of fuel is being implemented by the petrol pump operators. The fuel prices are modified on a daily […]

Grocery and the Need for Speed | Progressive Grocer

Grocery and the Need for Speed | Progressive Grocer

The future of grocery belongs to the fast. That’s arguably the biggest takeaway from Xcelerate Retail 2017, a technology conference held by Symphony Retail Solutions, a division of Symphony Technology Group, which took place Sept. 12-14 in Las Vegas. And while other essentials critical for success also were shared – from increased focus on customer-centricity […]

Best Buy’s Secrets for Thriving in the Amazon Age | The New York Times

Best Buy’s Secrets for Thriving in the Amazon Age | The New York Times

Happy-looking people were huddled around tables filled with the latest gadgets from Microsoft and Apple. The video game aisle was bustling. Blue-shirted employees were helping a customer pick from a glowing wall of flat-screen TVs. There was a line — a line! — at the checkout counter. Many people, myself included, assumed that the entire […]