Tag: Price Gouging

Zombie Retailer Alert: Bed Bath & Beyond | Seeking Alpha

Zombie Retailer Alert: Bed Bath & Beyond | Seeking Alpha

But the fundamentals continue to wane Why is the stock so glum? BBBY has been completely unable to adapt to threats from the myriad of online home goods retailers that have popped up and have seen varying degrees of success. BBBY has itself invested heavily in its online platform. And while that part of the […]

Bread price fixing scandal: Sobeys fires back at Loblaw and Galen Weston | Macleans.ca

Bread price fixing scandal: Sobeys fires back at Loblaw and Galen Weston | Macleans.ca

Earlier this week, Loblaw Cos Ltd. and its parent company George Weston Ltd. admitted to participating in a 14-year price-fixing conspiracy that inflated the cost of bread on the shelves of nearly every major grocery chain in Canada. On Friday the Globe and Mail obtained a copy of a letter sent to Loblaw CEO Galen Weston Jr. […]

Railways may offer discounts like airlines, hotels: All you need to know| ET Now

Railways may offer discounts like airlines, hotels: All you need to know| ET Now

2) “We have been deliberating on a dynamic pricing policy. So far we have been discussing that the price should not go up but I want to go a step ahead. I am exploring a possibility where, suppose trains are not going full like in airlines, we get discounted fares,” he said. 3) Mr Goyal […]

Liverpool to consider fans’ views over ticket pricing | BelfastTelegraph

Liverpool to consider fans’ views over ticket pricing | BelfastTelegraph

Liverpool will consult with supporters before formulating a long-term ticket pricing strategy ahead of the 2018-19 season. The club held a fans forum earlier this month where a range of issues were discussed relating to ticket prices. Liverpool managing director and chief commercial officer Billy Hogan stressed input from the forum would be considered before […]

Amazon faces probe by watchdog over delayed Christmas gifts as customers complain they’ve been ‘duped’ into paying premium | The Sun

Amazon faces probe by watchdog over delayed Christmas gifts as customers complain they’ve been ‘duped’ into paying premium | The Sun

AMAZON faces a probe by the advertising watchdog after customers complained they were failing to deliver Christmas presents on time. Shoppers said they were “duped” into signing up to the online giant’s Prime service to make sure they got their deliveries before the 25th. Amazon could face a probe by the Advertising Standards Authority after customers […]

Editorial: Don’t price state parks to penalize the poor | The Bulletin

Editorial: Don’t price state parks to penalize the poor | The Bulletin

Parks Director Lisa Sumption told the Legislature that the department is “very mindful that our job is to provide equitable, affordable access to Oregonians.” This new fee strategy can have the opposite effect. The department said it would be able to offer steep discounts at lesser-used parks. But that means the department is effectively setting […]

Investor group pushes big pharma to report links between pricing and executive compensation | Becker’s Hospital Review

Investor group pushes big pharma to report links between pricing and executive compensation | Becker’s Hospital Review

A group of institutional investors, with more than $400 billion of assets, is urging big pharmaceutical manufacturers to begin reporting links between drug pricing strategies and executive compensation, according to Bloomberg. The Interfaith Center on Corporate Responsibility, submitted shareholder proposals at the annual meetings of Abbvie, Amgen, Biogen, Bristol Myers Squibb and Eli Lilly Co. […]

Avion and Acella Pharmaceuticals Provide Statement Related to Avondale Drug Pricing News | PR Newswire

Avion and Acella Pharmaceuticals Provide Statement Related to Avondale Drug Pricing News | PR Newswire

Avion and Acella were made aware of the recent 800 percent price increase for Avondale’s version of niacin, going from $32.46 to $295 per 100 pills.  Avion and Acella pharmaceuticals are led by CEO, Art Deas.  Mr. Deas has confirmed that both companies were unaware of the Avondale pricing activity and that neither company has […]

Big Pharma Is Urged to Report on Links Between Pricing and Pay | Bloomberg

Big Pharma Is Urged to Report on Links Between Pricing and Pay | Bloomberg

Pharmaceutical companies should be required to regularly report whether there’s a link between drug-pricing strategies and executive-compensation plans, according to a shareholder group. The Interfaith Center on Corporate Responsibility, a coalition of institutional investors with more than $400 billion of assets, said in a statement Wednesday that it submitted proposals for inclusion at the 2018 annual […]

Letters: Pricing problem | Business Standard

Letters: Pricing problem | Business Standard

With reference to “A punitive overdose” (December 12), the balanced and well-researched editorial sadly stops short of discussing one of the core reasons that make expensive the “‘five star’ private hospitals which automatically exclude the lower middle class and poor people”. The villain in this crucial matter is the pricing strategy followed by the manufacturers […]