The amount that drivers are paid is determined largely by the distance from a store to the shopper’s home or location. For example, for all deliveries within 5 miles of the pick-up point, the retailer agrees to pay a certain amount. It works similarly for distances of 10 or 15 miles from the store as […]
After some widely publicized price cuts in 2017, Whole Foods Market Inc. is upping prices on a wide range of products, according to multiple media reports. The price hikes range from 10 cents to a few dollars. The Wall Street Journal reports the increases are because of demands from consumer-product makers to help cover their […]
Turkey has found that fighting words alone aren’t enough to deter the people it blames for runaway food inflation. After weeks of bashing those deemed price-gougers as traitors and even terrorists, President Recep Tayyip Erdogan’s AK Party is backing up threats with deeds. Fines are on the way after raids of wholesale food markets in […]
On the face of it, it’s a head-scratching offer. Six squeezy bottles of no-name ketchup for an eye-watering £10.34, more than three times the price you’d have to pay for six bottles of own-label ketchup in Tesco, where a 550g bottle costs just 65p. Own-label mayonnaise, yellow mustard and BBQ sauce under the same Solimo […]
Making the right play GoPro’s three action cameras currently range from $199 to $399. That’s a departure from the $199-$499 range that it was offering a couple of years ago, pointing toward waning pricing power for the company that pioneered this space. However, that’s also an indication of GoPro changing with the times. The lower pricing […]
“Amazon buying Whole Foods has created a big opportunity for us,” said Nick Green, the co-founder and CEO of Thrive Market. “Whole Foods has been the standard bearer for natural foods and organic products, but the challenge it has had is that many people don’t live near one, and many people can’t afford it. When […]
GoPro Inc’s (NASDAQ:GPRO) HERO7 lineup is unquestionably the best in the company’s history, but it faces a lot of the same challenges GoPro has faced in the past. Volume has been falling, and customers have been very price-sensitive, which makes it tough to make a profit. It puts GoPro in a Catch-22; it must either […]
Onion prices have surged in Turkey, defying a government crackdown on inflation. Prices surged 51 percent in November, the most of any component in a basket of prices whose gains decelerated in November to 21.2 percent from a 15-year high the month before. The government has been raiding storehouses where producers and dealers store onions, […]
Amazon’s assault on the $100 billion food and grocery market could reignite the battle between multinational food and grocery suppliers and Woolworths, which believes brand owners may be favouring the e-commerce giant with cheaper prices on brands such as Colgate, Huggies, Omo and Finish. After stepping up pressure on Woolworths and Coles by adding food and beverages to […]
Compared with other industries, chemical companies are among the least confident in their pricing decisions and the least likely to raise prices effectively. Until recently, they haven’t had to do so, but as the cost of raw materials begins to rise, they will want to build up their atrophied pricing muscles to preserve their margins. […]
PND is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in […]
Pricer’s Points: Why Does Bottled Water Cost Significantly More than Tap Water? | Elena Galli
More or less one month ago I was at the airport, heading back to Barcelona after having spent some days in my hometown, Ferrara, a little city in Northern Italy. I was very thirsty so I headed to the first bar I saw and ended up spending an excruciatingly expensive price for my half a […]
This Week in Pricing > 2/16/19
TWIP is a digest of pricing focused news, thought leadership, events, jobs, training and certification resources for pricing professionals. This Edition is brought to you by: Value Innoruption Advisors Founded by Dr. Stephan Liozu, Value Innoruption Advisors provides training and consulting resources for organizations interested in embedding value-based methodologies in their go-to-market strategies related to innovation, […]
Remember MoviePass? It was just delisted | The Chestnut Post
The movie subscription service on Thursday announced a new, complicated pricing structure that is dependent on geography and the kind of movies customers want to watch. Starting in January, MoviePass will offer three plans that members can choose from. The first, called “Select,” starts at $10 a month and will allow subscribers to see three […]
Woman: Retailer Should Honor Penny Label on Display | NBC 6 South Florida
It was a deal so good, Robin Puppo could not believe her eyes. “I’m like, oh my God, what is this?” she said. “It’s marked as a penny.” The vacuum Robin wanted was on display at the Walmart near Sawgrass Mills Mall. She says the label under it read one cent. “It’s a $279 machine,” […]
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