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Tag: price cuts

Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline | Nasdaq.com

Whole Foods (WFM) Q3 Earnings Beat, Comparable Sales Decline | Nasdaq.com

However, the company witnessed a 1.9% dip in comparable-store sales (comps) during the quarter, following a 2.8% decline in the preceding quarter. This was the eighth consecutive quarter of comps decline. Analysts believe stiff competition, food price deflation, an aggressive promotional environment and waning store traffic are the primary headwinds plaguing the sector. Nevertheless, Whole […]

Kroger’s analytics and personalized pricing keep it a step ahead of its competitors | Food Dive

Kroger’s analytics and personalized pricing keep it a step ahead of its competitors | Food Dive

Coupled with price-cutting initiatives, Kroger’s focus on personalized pricing through e-coupons and mobile app offers — Best Customer Bonuses and Free Friday Downloads among others — helps keep it price-competitive against Walmart and a host of value retailers like dollar stores as well as Aldi and Lidl. The personalized deals also strongly resonate with shoppers […]

Coles looms as biggest challenge for incoming Wesfarmers boss Rob Scott | afr.com

Coles looms as biggest challenge for incoming Wesfarmers boss Rob Scott | afr.com

Woolworths outscored Coles on strategic and tactical thinking and cultural issues. But the most worrying scores for Scott are around Coles’ performance in its stores. Coles couldn’t beat Woolworths on nine separate metrics around in-store execution, including on-shelf availability, overall store presentation, in-store staff calibre and value for money. The biggest gap between the giants […]

OnePlus 5 price too high? Here’s the best time to buy OnePlus flagship for a low price | IBT

OnePlus 5 price too high? Here’s the best time to buy OnePlus flagship for a low price | IBT

OnePlus 5 is the latest flagship in the market and probably one of the most anticipated devices of this year. The Chinese smartphone maker’s latest device managed to turn many heads across the globe for obvious reasons. Everything from a top processor to a high-end camera setup defines OnePlus 5’s worth in the price-driven flagship […]

Kroger’s Columbus division drops prices on 3,000 products | Supermarket News

Kroger’s Columbus division drops prices on 3,000 products | Supermarket News

As May rolled into June, Kroger’s Columbus division announced “the largest one-year price investment in the company’s history.” A multimillion dollar campaign, the initiative is “designed to provide customers with more for their grocery dollar, including savings on high-quality, affordable Kroger-brand products,” according to a company press release. The Ohio-based store offers private label products […]

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 […]