Tag: race to the bottom

AMD Puts 2nd Gen Ryzen CPUs Up for Pre-Order, Ships Next Week | ExtremeTech

AMD Puts 2nd Gen Ryzen CPUs Up for Pre-Order, Ships Next Week | ExtremeTech

What the new CPUs do deliver is substantially increased clocks and, in one case, a somewhat higher TDP. The new Ryzen 7 2700X is a 3.7GHz base, 4.3GHz boost clock CPU, compared with the 3.6GHz base clock, 4GHz boost on the Ryzen 7 1800X. At first glance, that might not look like much, but looks […]

Retail is Reality (Part 1) | American Drycleaner

Retail is Reality (Part 1) | American Drycleaner

PRICE NOT MOTIVATOR Take the case of the retail icon JCPenney (JCP) as they went through a very visible and very publicized disastrous transition to “Lower Everyday Low Pricing.” According to a September 2013 article by Panos Mourdoukoutas writing in Forbes: “What haunts JCPenney? A strategic mistake regarding its pricing strategy — replacement of sales through […]

Warehouse profit slumps after ‘every day low prices’ strategy | Otago Daily Times

Warehouse profit slumps after ‘every day low prices’ strategy | Otago Daily Times

The Warehouse Group today announced an adjusted net profit after tax result of $37.7 million for the first six months of the 2018 financial year (to January) – down 16 percent on the $45m posted in 2017. This profit was above the recent guidance range of $32-$35m, and delivered 9.2 cents per share dividend versus […]

Food inflation helps UK grocers to deliver record Christmas sales but caution remains over general merchandise| proactiveinvestors

Food inflation helps UK grocers to deliver record Christmas sales but caution remains over general merchandise| proactiveinvestors

Morrisons takes top spot WM Morrisons PLC (LON:MRW) was next up and it reported a 2.8% rise in sales in the 10 weeks to 7 January on the back of efforts to improve customer service and offer competitive prices. That pricing strategy will almost certainly have hurt margins, as the company said the price of […]

T-Mobile reveals NB-IoT pricing strategy challenging Verizon | TelecomLead

T-Mobile reveals NB-IoT pricing strategy challenging Verizon | TelecomLead

Mobile US announced its pricing strategy for narrowband IoT (NB-IoT) services challenging main rival Verizon. Based in Bellevue, Washington, T-Mobile said its price for the narrowband IoT (NB-IoT) will be $6 per year – offering at one tenth the cost of Verizon’s Cat-M plans. T-Mobile is able to offer cost effective NB-IoT plan to enterprises and […]

Tax reform reaction: AT&T is giving bonuses to 200,000 employees | CNBC

Tax reform reaction: AT&T is giving bonuses to 200,000 employees | CNBC

AT&T told CNBC the bonuses announced on Wednesday are above and beyond any existing agreements, which means some workers would get two $1,000 allocations: One with a new contract, and one when the tax reform bill is signed. AT&T’s tax reform announcement comes a month after the Justice Department challenged AT&T’s pending merger with Time […]

Batman’s new villains: How T-Mobile CEO John Legere plans to foil the cable and satellite TV giants | GeekWire

Batman’s new villains: How T-Mobile CEO John Legere plans to foil the cable and satellite TV giants | GeekWire

Opportunity for disruption: It’s no coincidence that Legere is taking aim at cable’s practice of bundling TV, phone, Internet and other services for the best prices. One of T-Mobile’s first signature “Uncarrier” moves was essentially a pricing strategy, decoupling the cost of the phone from the monthly price of the wireless service. There are opportunities galore […]

Walmart Vs Target: Best ‘Black Friday’ 2017 Deals | Forbes

Walmart Vs Target: Best ‘Black Friday’ 2017 Deals | Forbes

Walmart’s Black Friday 2017 sales discounts are huge but Target TGT -1.09%’s Black Friday deals are almost as impressive. So with a huge list of savings between them covering iPhones, Galaxy smartphones, Xbox and PS4 consoles, premium and budget HDTVs, Google Home and even Amazon’s Kindle and Echo which retailer comes out on top? Let’s […]

J.C. Penney’s (JCP) Awful Year Comes at the Hands of Brutal Discounting | TheStreet

J.C. Penney’s (JCP) Awful Year Comes at the Hands of Brutal Discounting | TheStreet

Ellison, whose company’s stock is lower over 57% year-to-date, was confident in stating that this year’s holiday season is shaping up favorably for the retailer while noting beauty, home refresh, omnichannel, pricing strategy, and women’s apparel are instrumental in generating positive same-store-sales. Ellison also told the analysts that investors should primarily focus on the company’s […]

HP clears out Omen gaming laptops with 25% off coupon | Destructoid

HP clears out Omen gaming laptops with 25% off coupon | Destructoid

The prices on all three models are significantly better than what they were just two months ago in our last roundup of Omen computer deals. For those who recall or are tracking gaming laptop prices, each of the deals above are at least $150 more in pricing. The top-end model with a discount comes in […]