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Tag: Price War

Sainsbury’s and Morrisons continue to battle in the UK supermarket price war | Investomania

Sainsbury’s and Morrisons continue to battle in the UK supermarket price war | Investomania

The first and most obvious reason is that investors, especially long-term buy-and-hold investors, may receive less income for holding Sainsbury’s shares. For many investors, the reason they hold shares is for gradual capital growth and a dividend that could exceed the income return they are able to achieve from a bank account. As far as […]

Amazon lowers free shipping minimum again, escalating price war with Wal-Mart | Retail Dive

Amazon lowers free shipping minimum again, escalating price war with Wal-Mart | Retail Dive

Enter Wal-Mart, which since its $3.3 billion acquisition of Jet last year and the hire of Jet founder Marc Lore appears to believe that Amazon’s emphasis on Prime has left a segment of e-commerce to be disrupted. In an interview with Retail Dive earlier this year, Keith Anderson, vice president of strategy and insights at […]

Gas price war erupts between Kleenheat and Alinta Energy after discount offer | Perth Now

Gas price war erupts between Kleenheat and Alinta Energy after discount offer | Perth Now

WA’s biggest gas retailer is offering some people up to a quarter off their bills in a bid to win them back as a price war with Wesfarmers-owned Kleenheat intensifies. … It is understood the product will be a type of “capped billing” service that will charge customers a flat price every month and give […]

This Company Charges $27,000 for a Single Piece of Fruit | Inc.com

This Company Charges $27,000 for a Single Piece of Fruit | Inc.com

By all accounts, the fruit thus sold is very high quality, grown under special conditions. However, the price this fancy fruit commands is geometrically greater than what it costs to grow, ship, and display it. The profit margins for these gift fruits must be astronomical. Why do people pay so much money for something that […]

Steel City welcomes dynamic fuel price | Times of India

Steel City welcomes dynamic fuel price | Times of India

JAMSHEDPUR: New to dynamic pricing of fuel, customers at the filling stations are keeping employees busy with queries on the new daily tariff system. Since May 1, when the dynamic pricing of petrol and diesel came into effect in Jamshedpur, along with four cities —Visakhapatnam, Bharatpur, Chandigarh and Puducherry — the daily revision of prices […]

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor | Australian Food News

Coles sticks to pricing strategy, but slow progress on Coles Express and Liquor | Australian Food News

Coles supermarket has signalled it will continue to invest in its ‘everyday low pricing’ strategy to win over customers. In reporting the financial results for the third quarter of its 2017 financial year, Coles Managing Director, John Durkan, said the supermarket needs to “continue to proactively invest in the customer” to maintain its market position. […]

Aramco Cuts Asia Oil Pricing as Saudis Seen Losing Market Share | Bloomberg

Aramco Cuts Asia Oil Pricing as Saudis Seen Losing Market Share | Bloomberg

Saudi Arabia, the world’s largest crude exporter, cut pricing for June oil exports to Asia as it fights to defend sales in its biggest regional market. The kingdom raised pricing to all other regions. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, lowered its official pricing for Arab Light crude to Asia by 40 […]

David R. Henderson, Why Predatory Pricing Is Highly Unlikely | Library of Economics and Liberty

David R. Henderson, Why Predatory Pricing Is Highly Unlikely | Library of Economics and Liberty

Introduction A widely held belief is that large firms with some market power can use their profits generated in particular markets to cut prices below costs in another market and drive out their competitors. Then, according to this belief, once the competitors are driven out, the large firms can raise their prices in that market […]

Dynamic daily fuel pricing to roll out in Chandigarh, Vizag and 3 other cities from 1 May | First Post

Dynamic daily fuel pricing to roll out in Chandigarh, Vizag and 3 other cities from 1 May | First Post

New Delhi: State-run oil marketers will roll out a dynamic fuel pricing pilot project from 1 May in five cities where the price of transport fuels would be changed daily so as to better cope with volatility in global crude oil prices. Petrol and diesel prices are currently revised on a fortnightly basis. All India […]

As price wars heat up, retailers should focus on localized, targeted discounts | Food Dive

As price wars heat up, retailers should focus on localized, targeted discounts | Food Dive

According to a recent survey conducted by consulting firms Bain & Company and ROI Consultancy Services, good value and low prices are the first and third most important attributes shoppers look at when selecting a supermarket. Clearly, a lot of consumers are closely scrutinizing those price tags. And in a competitive industry that’s increasingly migrating […]