Tag: Price Matching Policies

Walmart’s Next Pricing Strategy Is…Raising Select Prices Online? | Retail TouchPoints

Walmart’s Next Pricing Strategy Is…Raising Select Prices Online? | Retail TouchPoints

“Providing a cheaper price or a discount for picking up an online order in-store makes sense — after all, it is cheaper for Walmart to fulfill in this way and it gets the potential benefit of incremental sales when the customer collects,” said Neil Saunders, Managing Director at GlobalData Retail, in a RetailWire discussion. “However, […]

Toys R Us Bankruptcy Casts Its Shadow on Hasbro and Mattel Earnings | The Motley Fool

Toys R Us Bankruptcy Casts Its Shadow on Hasbro and Mattel Earnings | The Motley Fool

But you have kids now these days, busier than ever. There’s less playtime. Children are turning to smartphones and electronics at really young ages, which means less of the traditional action figures, puzzles, and games at Toys R Us has previously featured heavily in their stores. But at the same time, the bankruptcy, I think it’s […]

Shopper highlights Walmart price inconsistencies | WAFF-TV

Shopper highlights Walmart price inconsistencies | WAFF-TV

HUNTSVILLE, AL (WAFF) – Price matching can save consumers the trouble of traveling to different stores, but some stores don’t even price match their own items. This is true for retail giant Walmart, however, it depends on the location and not necessarily what the item may be. WAFF 48 News stopped at five Huntsville area locations to […]

Pricing: No One Wins a Race to the Bottom | Dealer Marketing

Pricing: No One Wins a Race to the Bottom | Dealer Marketing

If the extent of your future marketing plan and strategy is to see how much money you can lose advertising both new and pre-owned vehicles below your net cost—hoping to make it all back on the trade and in the finance office—this article is just for you. It seems that with many dealerships, ever since […]

Setting the right price key to success | Prince George Citizen

Setting the right price key to success | Prince George Citizen

Have you ever bought something and thought that there is something not right about the price? Maybe it seemed too cheap or you felt like you were getting ripped off? Pricing is tricky business and stressful for many business people. Are we too high and scaring away customers? Our competitors are priced lower than us, […]

Pricer’s Points: The Power of Corporate Strategy: Amazon and Whole Foods | Mark Stiving

Pricer’s Points: The Power of Corporate Strategy: Amazon and Whole Foods | Mark Stiving

Amazon’s corporate strategy is to be the one-stop shop for retail, and a key part of that is to make sure everyone perceives Amazon’s prices as low. Whole Foods, often nicknamed “Whole Paycheck,” is the opposite of that perception. The winner? Amazon’s corporate strategy. The company has announced it is lowering prices at Whole Foods […]

Back-to-school spending to remain flat at $27B | Retail Dive

Back-to-school spending to remain flat at $27B | Retail Dive

“At the end of the day, retailers need to remember that the key to capturing their share of wallet during the crucial back-to-school season is all about nailing the customer experience,” Shannon Andrick, vice president of marketing advancement for Alliance Data’s card services business, told Retail Dive in an email. “Digital-savvy consumers – college students […]

Supreme Court restricts patent holder’s bounds | Albuquerque Journal

Supreme Court restricts patent holder’s bounds | Albuquerque Journal

A century ago, the corporate predecessor to Columbia Records sold its patented, cylinder-spinning Graphophones to a dealer with the condition that the dealer would retail them at a fixed price. When the dealer offered the machines at a discount, the corporation sued. But it didn’t sue for the broken contract (which was then illegal under […]

A Former Amazon Employee Has a Warning For Brands | Racked

A Former Amazon Employee Has a Warning For Brands | Racked

A report last week suggested that Nike was close to inking a wholesale partnership with Amazon, causing many to cringe just thinking about the effects such a deal would have on struggling retailers. Nike, however, would come out ahead, as it could potentially see an additional $300 to $500 million in sales. Former Amazon employee […]

If You Shop at Wal-Mart, You’re Going to Hate Its Latest Anti-Amazon Strategy | Money Morning

If You Shop at Wal-Mart, You’re Going to Hate Its Latest Anti-Amazon Strategy | Money Morning

Wal-Mart Stores Inc. (NYSE:WMT) is ditching its most well-known pricing strategy in an effort to compete with e-commerce leviathan Amazon.com Inc. (Nasdaq: AMZN). To encourage consumers to use Wal-Mart’s app and online store to shop for merchandise, the company has decided to eliminate its price-matching policy at over 800 of its 5,000 stores nationwide – […]