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Tag: price cuts

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor | Australian Food News

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor | Australian Food News

Coles supermarket has signalled it will continue to invest in its ‘everyday low pricing’ strategy to win over customers. In reporting the financial results for the third quarter of its 2017 financial year, Coles Managing Director, John Durkan, said the supermarket needs to “continue to proactively invest in the customer” to maintain its market position. […]

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda […]

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Poundland unveiled its plans to expand its price proposition and widen its in-store product offering. Will the move inspire or alienate its shoppers? The discount retailer has dabbled with multi-price products over the years, but this week the business planted its flag in the ground and introduced 50p, £2 and £5 price points. The move […]

Poundland introduces new price points | IGD Retail Analysis

Poundland introduces new price points | IGD Retail Analysis

As the new £1 coin is introduced, discount retailer Poundland has unveiled its new pricing strategy, however focus will remain on the core price point. New price points: 50p, £2 and £5 Poundland has introduced three new price points – 50p, £2 and £5 – taking it from a single-price retailer to a multi-price retailer […]

Trouble at till …Tesco’s pricing problems are a lesson to us all! | The Vision of the Pension Playpen

Trouble at till …Tesco’s pricing problems are a lesson to us all! | The Vision of the Pension Playpen

So what’s with all this? When we’re at the till, we’re spending a few pounds, when we buy financial services, we’re spending thousands. We see a rate and believe we’re getting it. There is no till receipt telling us what we’ve actually paid. We only find out what’s come out , years later, and then […]

Whole Foods Market makes shift in strategy | IGD Retail Analysis

Whole Foods Market makes shift in strategy | IGD Retail Analysis

Shift 1: focusing on its core customers A key element of this is accelerating category management implementation, following pilots in a small number of categories, which will impact its merchandising, pricing, marketing and loyalty strategies. To support this, it will partner with dunnhumby, which will apply its customer-data models to make more informed decisions in […]

Coles price cuts keep on coming | Herald Sun

Coles price cuts keep on coming | Herald Sun

Managing director John Durkan says there will be no change in strategy at the heavyweight grocer, which launched its highly successful everyday low pricing strategy seven years ago. The bullish statements from Mr Durkan follow a report by investment bank UBS speculating that Coles and Woolworths were set to ease up on aggressive price discounting […]

Watch: Poundland exec on pricing, Pep & Co and Tesco | Retail Week

Watch: Poundland exec on pricing, Pep & Co and Tesco | Retail Week

Poundland unveiled its first full Pep & Co shop in shop last week at its Hanley store in Stoke. Retail Week caught up with Poundland’s trading director Barry Williams to discuss the move, Poundland’s pricing strategy and Tesco’s Booker acquisition. Williams, who turned down Morrisons to join the Steinhoff-owned retailer in November, revealed that up […]

iPhone 7 Plus price may make up for overall slump in demand | Pocketnow

iPhone 7 Plus price may make up for overall slump in demand | Pocketnow

As we crash upon Apple’s imminent earnings report for its 2016 holiday quarter, we’re going to see where bottle-necked demand and disappointingly long wait times for products to ship meet. On the whole, investors are in good spirits about growth — Apple will have to beat 74.78 million unit sales in order to keep its record […]

Innovative Thinking Must Fuel Pricing And Promotional Strategies In 2017, Says IRI | ESM Magazine

Innovative Thinking Must Fuel Pricing And Promotional Strategies In 2017, Says IRI | ESM Magazine

Consumers have got used to buying what they need when they need it as they try and reduce waste. They are showing no signs of returning to the days of buying their large weekly shop from one favourite supermarket. In addition, the digital revolution has changed the way consumers shop and the retail landscape. The […]