Regional grocery chain optimizes store prices in real time. Privately-owned Raley’s, which operates 129 stores in California and Nevada, is applying artificial intelligence (AI) technology to bring intelligent, dynamic pricing to its stores. Raley’s recently completed a pilot of the AI-based Eversight pricing suite, focused on optimizing multiple product categories across various strategic goals. As […]
In the two years since Amazon acquired Whole Foods, the average cost of groceries for Prime members who shop at chain has dropped a mere ten dollars, according to a study released Wednesday by Gordon Haskett Research Advisors. After purchasing Whole Foods in 2017 for $13.7 billion, Amazon set out to help the notoriously pricey […]
Both mainstream parties advocate the neoliberal, free-trade policies that the ever more aggregated seed, food and chemical corporations have imposed upon the U.S. since World War II to the detriment of family-scale farms all over the world. The dairy farmers who got through the winter eating cereal and the new farmers who are eagerly starting […]
The past six months have seen quite a lot of activism around libraries’ ability to buy books for readers. The issue at hand: e-book pricing. Libraries currently pay more than general consumers (i.e. end users) for e-books. Publishers provide a variety of pricing models for their e-book products, but there are flaws with each of […]
Chris from Chris Turton Ecommerce is an ecommerce and marketplace consultant passionate about understanding how online businesses tick. He writes from experience and tries to answer questions from sellers to improve and share his knowledge. Today, Chris shares his experience of pricing by performance to maximise margins. Pricing by Performance So, your competitor is beating […]
A lot can change in a year, especially in the hyper-competitive telecom industry, which has witnessed severe disruption and has seen operators publicly spar against each other and with the sector regulator, since Reliance Jio’s entry in September 2016. In yet another cruel twist of fate, incumbent telcos Bharti Airtel and Vodafone Idea, which had […]
Despite Amazon.com’s publicity push to promote price cuts at Whole Foods, the chain remains the highest price grocer in the land, according to a new study by Bank of America Merrill Lynch (BOA). The study, which included the round of price cuts announced on April 3rd that the grocer claimed included deeper discounts and double […]
Whole Foods still has the highest overall prices among U.S. food retailers, despite the widely publicized discounts the Amazon-owned grocer made in April. Walmart continues to have lowest overall prices, momentum that will likely be unscathed by Whole Foods’ price cuts, Bank of America Merrill Lynch analysts wrote in a Tuesday report. Kroger narrowed its […]
Reports surfaced last year that Google was working on midrange Pixel phones, dubbed “Lite” models at the time but now expected to be called the Pixel 3a and 3a XL. In shifting its focus back down to midrange price points, Google is implicitly acknowledging that its premium pricing strategy has not worked well. Apple has been raising […]
Prices for Woolworths’ premium private label groceries are rising faster than prices for national brands as Australia’s largest retailer attempts to protect profit margins amid rising costs. Woolworths, and to a lesser extent Coles, has been playing hardball with suppliers, resisting price rises stemming from the drought, rising energy costs and the weaker Australian dollar. […]
This Week in Pricing > 8/17/19
TWIP is a digest of pricing focused news, thought leadership, events, 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 real-time […]
PND is a digest of pricing focused news, thought leadership, events, 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, marketing, […]
Amazon Offers Retro Pricing In Los Angeles For Maisel Day On August 15 | Fire Wire
Los Angeles residents will be able to purchase lunch, gasoline, makeup applications, shoeshines, movie tickets and hotel rooms at 1959 prices on August 15, which Amazon Prime is calling “Maisel Day.” That means you can see a movie for a mere 51 cents, grab a hot dog for 59 cents, and get your hair done (with […]
When the time comes to sell your home, it’s important to price the home right. If the home is badly priced, either too expensive or too inexpensive, you may lose money and take a long time to sell. Understanding the dangers of incorrect pricing, and working with a real estate professional to price your home […]
What’s Cutting Into Ohio State Football Ticket Sales? | WOSU Radio
When it comes to why fans aren’t showing up at home, though, ticket broker Tim Louters just starts pulling frames off his wall. “This is 1999,” he says, looking over a framed ticket and news clip, commemorating former head coach John Cooper’s 100th win. “Thirty-eight dollar ticket versus Cincinnati.” Louters runs Tickets Galore in Dublin. […]
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