Tag: price cuts

Grocery shoppers could move online twice as fast as originally anticipated | CNBC

Grocery shoppers could move online twice as fast as originally anticipated | CNBC

The shift is already evident: 49 percent of all shoppers bought a packaged good online within the last three months. That includes 61 percent of millennials and 44 percent of baby boomers. It also includes 54 percent of affluent households and 40 percent of low-income households. Grocery stores, cognizant of the price transparency the web […]

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

What do you stand to lose as Amazon’s retail competition crumbles? Purchasing power. When competition is eliminated, so too are incentives to keep prices low as a market disrupter. By destroying its competitors, Amazon is also extinguishing any repercussion traditionally associated with price increases — that is, a customer choosing a competitor instead of Amazon. […]

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

Consumers Beware: Amazon Monopoly Will Price Gouge | IBD

What ails the retail industry is no secret: Amazon. In 2016, Amazon sold six times as much online as Walmart, Target, Best Buy, Nordstrom, Home Depot, Macy’s, Kohl’s and Costco. Combined. In 2017, it accounted for nearly 50% of all online sales. Imagine where Amazon will stand in 2018 and beyond. But while the e-commerce giant’s threat to retailers and […]

Amazon raises seller fees in apparel and accessories | Retail Dive

Amazon raises seller fees in apparel and accessories | Retail Dive

The fee hikes also demonstrate the conundrum for Amazon’s Marketplace sellers, who gravitate to the e-commerce giant for its extensive research, robust search and sticky Prime customers, but who also face competition from Amazon itself and the whims of the company’s seller policies. Those whims have led some sellers to turn elsewhere, notably Walmart, which […]

TPG has jumped on new NBN pricing and released its typical evening speeds | finder.com.au

TPG has jumped on new NBN pricing and released its typical evening speeds | finder.com.au

When NBN Co announced its new NBN pricing strategy this morning, which is designed to get more consumers to switch to 50/20Mbps plans, it did so by dropping the access price that providers pay for those plans, with the expectation that ISPs would switch plan pricing around for consumers. TPG is the first cab off […]

US Grocers Face More Than Just Amazon | The Epoch Times

US Grocers Face More Than Just Amazon | The Epoch Times

Traditional food retailers are facing challenges from online retailers as well as discounters. According to market research firm YouGov, online grocery market sales will reach $30 billion in 2021, up from $12 billion in 2016. While online retail emphasizes convenience and efficiency on the higher end of the market, discount retailers put additional pressure on […]

Costco beats Amazon on price | Retail Dive

Costco beats Amazon on price | Retail Dive

Costco is widely seen as benefiting from a treasure hunt atmosphere, where shoppers pick things off the shelves not originally on their shopping list. That, as well as its membership fees, are its saving grace — on some items Costco makes no money. It’s essentially how Amazon operates, too, with its Prime members more or […]

Walmart Vs Target: Best ‘Black Friday’ 2017 Deals | Forbes

Walmart Vs Target: Best ‘Black Friday’ 2017 Deals | Forbes

Walmart’s Black Friday 2017 sales discounts are huge but Target TGT -1.09%’s Black Friday deals are almost as impressive. So with a huge list of savings between them covering iPhones, Galaxy smartphones, Xbox and PS4 consoles, premium and budget HDTVs, Google Home and even Amazon’s Kindle and Echo which retailer comes out on top? Let’s […]

Target’s holiday forecast disappoints, sending shares lower | CNBC

Target’s holiday forecast disappoints, sending shares lower | CNBC

Target is also growing its private-label brands and expanding in grocery. Some of those brands that have already launched in the apparel and home goods categories include “Joy Lab,” “A New Day” and “Hearth & Hand.” Meantime, the company is re-evaluating its pricing strategy, telling customers in September it will slash prices on thousands of […]

Sainsbury’s sales growth cools in ‘competitive market’ | Financial Times

Sainsbury’s sales growth cools in ‘competitive market’ | Financial Times

Grocery sales increased 1.4 per cent year-on-year (including Argos in the base figure) in the most recent quarter compared to 3 per cent in the first three months of the fiscal year. General merchandise was worse: 1.6 per cent lower than last year in the latest quarter, taking half year sales down 0.1 per cent. […]