Tag: price cuts

Price of a Whole Foods basket of groceries has barely budged since Amazon took over | MarketWatch

Price of a Whole Foods basket of groceries has barely budged since Amazon took over | MarketWatch

Whole Foods had a high-priced reputation before retailing giant Amazon stepped in. Why hasn’t that changed? Even with the discounts offered to Amazon.com Inc.’s Prime members, the cost of a $400-plus broad basket of items purchased at Amazon-owned Whole Foods Market only yields $1.50 in savings over prices one year ago, Gordon Haskett Research Advisors […]

Walmart’s size may not shield it from rising prices | Providence Journal

Walmart’s size may not shield it from rising prices | Providence Journal

It’s getting more expensive for retailers like Walmart to stock its shelves with household staples like diapers, paper towels and bottled water. The question now is whether that translates into more pain at the check-out line. Soaring costs for transportation and raw materials — some related to tariffs — have prompted Procter & Gamble, Nestle, […]

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise to avoid their products falling into the wrong hands and being sold on the “grey market” at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand. With Richemont, owner of Cartier and Mont Blanc, […]

Target narrows pricing gap with Walmart | Food Dive

Target narrows pricing gap with Walmart | Food Dive

While the Clark Howard comparison is an informal look, research from data scientists backs up the consumer advocates’ work. Earlier this year, Profitero found that the most intense price competition is among Walmart, Target, Jet and Amazon. On average, the average online prices of those first three combined are just 4.5% more than Amazon, Profitero found. […]

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 […]

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 […]

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 […]

Whole Foods prices still higher than competitors, study finds | pilotonline.com

Whole Foods prices still higher than competitors, study finds | pilotonline.com

When Amazon first lowered prices at Whole Foods Market after buying the grocer in August, customers wondered if the changes could eventually make Whole Foods as affordable as other stores. Eight months later, Whole Foods remains more expensive than some competing grocery chains, according to a report by investment firm Morgan Stanley. A basket that […]

Prices still higher at Whole Foods than competitors, study finds | 512Tech

Prices still higher at Whole Foods than competitors, study finds | 512Tech

When Amazon first lowered prices at Whole Foods Market after buying the grocer in August, customers wondered if the changes could eventually make Whole Foods as affordable as other stores. Eight months later, Whole Foods remains more expensive than some competing grocery chains, according to a report by investment firm Morgan Stanley. A basket that Morgan […]