Tag: Price War

Amazon launches discount program for Prime members at Whole Foods | 512tech

Amazon launches discount program for Prime members at Whole Foods | 512tech

“We’re thrilled for Whole Foods Market to be part of the Prime experience,” Whole Foods co-founder and CEO John Mackey said in a written statement. “Launching savings for Prime members is an amazing opportunity to bring our industry-leading quality standards and delicious food to more customers at a better price.” To use the program, customers […]

Walmart Earnings: More Signs It’s Fighting Hard on Pricing | Barron’s

Walmart Earnings: More Signs It’s Fighting Hard on Pricing | Barron’s

There’s more evidence that Walmart continues to fight hard on the pricing front. The retailer was recently cheaper, on average, than fellow Barron’s Next 50 stock Amazon.com (AMZN) in 8 of 10 categories studied by Guggenheim Securities, according to a Tuesday note. (Guggenheim checked prices on 10 baskets of 10 items.) In some cases, Walmart […]

The Australian dollar is getting a boost from surging crude oil prices | Business Insider

The Australian dollar is getting a boost from surging crude oil prices | Business Insider

“After yesterday’s decision by President Trump to pull out of the Iranian nuclear deal and reinstate sanctions on Iran, oil prices embarked on a steady rise aided as well by overnight news of an unexpected drop in US stockpiles, reinforcing the notion that the oil market is tightening and hence vulnerable to a reduction of […]

Boycott: Sidi Ali Blames Prices on Taxes, Angers Boycotters | Morocco World News

Boycott: Sidi Ali Blames Prices on Taxes, Angers Boycotters | Morocco World News

Prices Remain the Same Refuting the claims of boycotters, who said that the company has monopolized the Moroccan market and increased its prices, Sidi Ali wrote that it made a decision not to “increase the selling prices of all bottle sizes since 2010.”  The decision was taken “despite steady inflation and the increase of the […]

Uber defends fare model | Boston Herald

Uber defends fare model | Boston Herald

Uber’s surge pricing has been a much-criticized part of the company’s business, but the company says it plays a critical role in making sure there are enough drivers for every rider. The additional rate kicks in when demand for rides outweighs the number of drivers who are available. If drivers see demand is spiking in […]

Oil prices respond to U.S. move on Iran with surge | UPI.com

Oil prices respond to U.S. move on Iran with surge | UPI.com

Global spare capacity is at a premium. Late Tuesday, the American Petroleum Institute reported U.S. commercial crude oil inventories declined 1.8 million barrels last week, far greater than the 400,000 barrel drop forecast by commodity pricing group S&P Global Platts. While the United States is producing more oil, it’s also exporting more. Extra supplies from […]

Supermarket price war: Weekly shop set to be slashed as retail giants go head-to-head | Express

Supermarket price war: Weekly shop set to be slashed as retail giants go head-to-head | Express

A SUPERMARKET price war is to ignite in the UK following the £14billion merger between Asda and Sainsbury’s that would ease pressure on household budgets following a recent squeeze on finances. Last week, Sainsbury’s boss Mike Coupe – who was filmed singing ‘We’re in the money’ – pledged to slash prices on everyday items by […]

Grab challenger ditches booking, surge fees | ABS-CBN News

Grab challenger ditches booking, surge fees | ABS-CBN News

MANILA – A new ride-hailing company for taxis, MiCab, will not have booking fees, price surges, or trip cancellations, its co-founder said Monday. … “Basically, what we’re trying to do is offer a solution with sustainability in mind that’s why we’re focused on advertising, not putting anything as booking fee or surge pricing. In whatever […]

APM returns as crude oil prices surge | mydigitalfc

APM returns as crude oil prices surge | mydigitalfc

Caught between election compulsions and a surge in global crude oil prices, administered price regime seems to have made a hurried come back in the petroleum sector with state-owned oil companies beginning to hold back any increase in retail prices of petrol and diesel. While the move has come as a big boon for transportation […]

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

Could Whole Foods Become Cheaper Than Traditional Grocery Store Shopping? | Benzinga

The Thesis The analysts estimate only 62 percent of Whole Foods shoppers are Prime members, and CNBC reported a 75-percent overlap. As Amazon’s subscription growth begins to slow, capturing the rest of the Whole Foods crowd could prove meaningful. Incremental price cuts may ultimately make Whole Foods cheaper than traditional grocers, and considering U.S. households […]