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Tag: Price War

Deflation will end, but price wars are just beginning for retailers | Food Dive

Deflation will end, but price wars are just beginning for retailers | Food Dive

Retailers need to know their strengths and how they are different from their competitors, and then zero in on those areas. In its most recent earnings report, Tops Markets discussed two holiday pricing promotions that helped the company retain market share. Tops had enjoyed success with the promotions in the past, and knew its customer […]

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. Grocers Secretly Squeeze Customers as Brexit Bites | Bloomberg

U.K. grocers are finding creative ways of passing on Brexit-induced cost increases to consumers. If you’re shopping for candles or light bulbs, buyer beware. Unable to raise prices of staple goods from milk to Marmite because of tough competition from discounters and watchful tabloid newspapers, supermarket operators like Tesco Plc and Wal-Mart Stores Inc.’s Asda […]

Why daily change in petrol and diesel prices will benefit consumers | Deccan Chronicle

Why daily change in petrol and diesel prices will benefit consumers | Deccan Chronicle

Mumbai: State run Oil Marketing Companies, Indian Oil Corporation, Bharat Petroleum Corporation and Oil India considering plans to bring in ‘dynamic pricing’ model for petrol and diesel. Under dynamic model of pricing, once in place, prices of petrol and diesel will change everyday on the lines of global oil prices that change on a daily […]

Major oil marketing companies mull daily fuel price change | Business Standard News

Major oil marketing companies mull daily fuel price change | Business Standard News

India’s state-run oil marketing companies, which control over 90 per cent of the retail fuel market in the country, are mulling a plan that would allow daily changes in the price of automotive fuels, Economic Times reported on Friday. State-owned and India’s biggest oil marketing company Indian Oil Corp Ltd and its two smaller peers […]

Saudi Aramco Cuts Oil Pricing for Europe Where Russia Dominates | Bloomberg

Saudi Aramco Cuts Oil Pricing for Europe Where Russia Dominates | Bloomberg

Saudi Arabia’s pricing in Europe caught Russia’s attention less than two years ago before the two nations started talks to curb crude output. State-run Rosneft PJSC, Russia’s biggest crude supplier, in 2015 said the Saudis were “dumping’’ in Europe to expand market share. There is a risk price wars may resume in Europe, raising the […]

Saudi Arabia plans to change oil pricing for European customers | Gulf Business

Saudi Arabia plans to change oil pricing for European customers | Gulf Business

Saudi Arabia, the world’s top oil exporter, plans to change the way it prices oil for Europe from July, industry sources said, in an effort to increase the appeal of Saudi crude by making it easier for customers to hedge. State oil giant Saudi Aramco will start pricing its European exports against the ICE settlement […]

Iliad plans cutthroat pricing for Italy launch | Mobile World Live

Iliad plans cutthroat pricing for Italy launch | Mobile World Live

Iliad is preparing to deploy the same aggressive pricing tactics and contract strategy which saw its Free brand shake up the French market when it launches in Italy, Reuters reported. The company is expected to launch its Italian brand later this year or early 2018, using assets sold to it as part of a deal to merge the […]

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Analysis: Will Poundland’s multi-price punt pay off? | Retail Week

Poundland unveiled its plans to expand its price proposition and widen its in-store product offering. Will the move inspire or alienate its shoppers? The discount retailer has dabbled with multi-price products over the years, but this week the business planted its flag in the ground and introduced 50p, £2 and £5 price points. The move […]

Poundland introduces new price points | IGD Retail Analysis

Poundland introduces new price points | IGD Retail Analysis

As the new £1 coin is introduced, discount retailer Poundland has unveiled its new pricing strategy, however focus will remain on the core price point. New price points: 50p, £2 and £5 Poundland has introduced three new price points – 50p, £2 and £5 – taking it from a single-price retailer to a multi-price retailer […]

‘People aren’t spending’: stores close doors in ‘oversaturated’ US retail market | The Guardian

‘People aren’t spending’: stores close doors in ‘oversaturated’ US retail market | The Guardian

“We have been planning this very carefully,” said Jeff Gennette, Macy’s president and new CEO, announcing the cuts. “This is not something we did quickly.” In some areas of Manhattan, retail rents have declined 10-15%. But it has come too late for many retailers. The cycle of the change is apparent across much of downtown, […]