Tag: race to the bottom

Using mobile predictive analytics to improve customer experiences | Mobile Business Insights

Using mobile predictive analytics to improve customer experiences | Mobile Business Insights

Predict customers needs and trends No one needs to tell retailers that they’re operating in a competitive landscape. Consumers now have more brands to buy from and more ways to buy than ever before. If a store doesn’t have the right item in stock, or the right price on that item, customers can find another […]

T-Mobile-Sprint merger: Will this lead to higher prices and fewer jobs? | USA Today

T-Mobile-Sprint merger: Will this lead to higher prices and fewer jobs? | USA Today

NEW YORK — A $26 billion merger between T-Mobile and Sprint would unite the cell-phone carriers that have have battled for customers by abandoning long-reviled payment plans and adding a relentless stream of perks. The question for the government regulators who must bless the deal, and all of us: are the good times over? Under […]

AMD Stock Jumps 14% On Strong First Quarter Earnings | Fortune

AMD Stock Jumps 14% On Strong First Quarter Earnings | Fortune

AMD’s stock, which has been on a rollercoaster this year, jumped 14% on Thursday in midday trading to $11.08. That’s still well down from the 10-year high of $15.65 hit last July, but 16% higher than the price just two weeks ago. That’s likely because part of Su’s struggle with Wall Street has nothing to […]

The Bears Are Right: Amazon Is Killing This Retailer | The Motley Fool

The Bears Are Right: Amazon Is Killing This Retailer | The Motley Fool

Analysts expect that pain to continue with the company’s revenue and earnings falling an estimated 1% and 25%, respectively, this year. When faced with these problems, retailers generally shutter weaker stores and cut costs. Yet Bed Bath & Beyond closed only three namesake stores and five World Market stores last quarter while opening one World Market […]

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 […]