SPA Pricing Education, Analytics & Decision Making Tools Webinar Series

Tag: Price War

J.Crew’s New Strategy: Slashing Prices | Racked

J.Crew’s New Strategy: Slashing Prices | Racked

Remember when J.Crew was trying to push $500 lace jogging pants, $800 skirts, and $1,900 sweaters? Those days are over. The company is slashing prices in an attempt to tackle slumping sales and counter waning customer interest. Its most recent catalogue explicitly alerts customers to its newly affordable prices. “The perfect dress, the perfect price,” […]

AI-powered dynamic pricing turns its gaze to the fuel pumps | The Register

AI-powered dynamic pricing turns its gaze to the fuel pumps | The Register

Analysis “AI” could soon be making petrol more expensive at times of peak demand like the start of a bank holiday weekend or the school run. Danish data analytics company a2i touts fuel pricing as an ideal implementation of its learning algorithms. The company claims that PriceCast Fuel, its dynamic pricing product, can improve fuel […]

Uber’s new pricing model could upset drivers | Business Insider

Uber’s new pricing model could upset drivers | Business Insider

Uber has been experimenting with a new pricing method in several cities that uses machine learning algorithms to predict the amount a customer is willing to pay for a given ride, Bloomberg reports. Uber hopes to grow its revenue with this new “route-based pricing” system, as it continues to bleed money for rider discounts and […]

Global Crude Prices Slip on Reports Trump Considering Sales from Strategic Petroleum Reserve | TheStreet

Global Crude Prices Slip on Reports Trump Considering Sales from Strategic Petroleum Reserve | TheStreet

WTI futures for July delivery, the new U.S. pricing benchmark, were marked 0.1% lower from their Monday close at $50.60 while Brent crude contracts for the same month were seen 0.05% lower at $53.38 per barrel. Any decision to sell SPR stocks can be made by the President under the Energy Policy and Conservation Act, […]

Sydney commuters left stranded as bus driver strike continues to disrupt network | 9news.com.au

Sydney commuters left stranded as bus driver strike continues to disrupt network | 9news.com.au

Commuters worried about Uber’s surge pricing during the strike can rest easy today, Uber Corporate Communications Lead Mike Scott told 9news.com.au. “We have let (the drivers) know demand is likely to be higher than normal today,” Mr Scott said. “We’ve seen consistent and reliable availability of cars.” Mr Scott said the average wait time for […]

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Banks are so angry because their pricing power is under attack | The Sydney Morning Herald

Pricing power is something shareholders crave. Smaller banks such as Bendigo Bank will get a lift from the tax. Photo: Brendan Esposito It refers to a firm’s ability to set prices for the goods and services in the market – to be a “price maker” – rather than to have them dictated by the forces of competition (being […]

OPEC unlikely to throw in the towel despite losing its pricing power – Commerzbank | Shipping Herald

OPEC unlikely to throw in the towel despite losing its pricing power – Commerzbank | Shipping Herald

OPEC’s limited impact on oil prices since securing a landmark deal to curb oversupply shows its dwindling influence in the energy market, according to the head of commodities research at Commerzbank. “The fairly short-lived effect of production cuts on oil prices shows that OPEC’s market impact via ‘supply control’ is very limited. We have been […]

Petrol: Petrol, diesel prices likely to be slashed by Rs 1.50 per liter on Monday | ET EnergyWorld

Petrol: Petrol, diesel prices likely to be slashed by Rs 1.50 per liter on Monday | ET EnergyWorld

New Delhi: Consumers can expect petrol and diesel prices to be slashed on Monday as fuel prices in the five cities where Indian Oil Corporation has initiated daily fuel prices revisions have fallen by more than Rs 1.50 per litre since 1 May. Revised petrol and diesel prices for Chandigarh, one of the five pilot […]

House set to vote for more regulations on Uber and Lyft | WTNH

House set to vote for more regulations on Uber and Lyft | WTNH

The bill would require Transportation Network Companies such as Uber and Lyft to register annually with the Department of Transportation; and have drivers submit to background checks, according to Connecticut’s Office of Legislative Research. In addition, it establishes insurance, operational, non-discrimination, accessibility, and alcohol and drug test policy requirements for TNCs. The bill includes provisions […]

Can an Off-Price Strategy Help Macy’s Inc Steal Shopping Dollars From TJX? | Madison

Can an Off-Price Strategy Help Macy’s Inc Steal Shopping Dollars From TJX? | Madison

If imitation is the sincerest form of flattery, then TJX Companies (NYSE: TJX) is probably smiling at the compliment Macy’s (NYSE: M) is paying. The department store chain has already said it views its off-price rival, not Amazon, as its biggest threat. Macy’s now intends on copying what TJX has achieved with T.J. Maxx and […]