Tag: Retail

When School Districts Buy From Amazon, Are They Getting the Best Deal? Maybe Not. | EdSurge News

When School Districts Buy From Amazon, Are They Getting the Best Deal? Maybe Not. | EdSurge News

Amazon has built its reputation by claiming cheaper prices and greater convenience for consumers. But a new report questions whether schools are getting the best deals by using the company. Among the concerns raised in the report, published by the nonprofit Institute for Local Self-Reliance, are that the company uses its dynamic pricing model in […]

Nestle plans to boost hiring in the US, price hikes possible | Fox Business

Nestle plans to boost hiring in the US, price hikes possible | Fox Business

Steve Presley, Nestle USA CEO, said on FOX Business’ “Mornings with Maria” that job creation will include positions at the new headquarters in Arlington County as well as production facilities in the commonwealth. “We’ll have almost 2,000 employees in the state of Virginia between our corporate headquarters and our two factories,” he said. “There will […]

The Bitcoin Price Is Tanking — Here’s Why | Forbes

The Bitcoin Price Is Tanking — Here’s Why | Forbes

The bitcoin price bull run over the last month, which saw it climb from around $6,300 to highs of $8,400 in a matter of weeks, could be over. Bitcoin has slumped by 5% over the last 12 hours, falling well below the psychological $8,000 mark as traders and investors fret over coming tax crackdowns and blockchain-based […]

Still looking for sales growth, Procter & Gamble Co. hikes prices | WCPO

Still looking for sales growth, Procter & Gamble Co. hikes prices | WCPO

CINCINNATI – Procter & Gamble Co. announced price increases on four of its biggest brands Tuesday, even as it announced weaker than expected sales growth for its final quarter of its 2018 fiscal year. P&G said it’s in the process of raising prices on Pampers diapers in the U.S. by an average of 4 percent, […]

Lyft’s Personal Plan wants to entice riders with fixed rates on frequent trips | Curbed

Lyft’s Personal Plan wants to entice riders with fixed rates on frequent trips | Curbed

While city leaders and transportation planners are taking a closer look at how ride-hailing services are impacting urban traffic, Lyft wants to make it easier for users to book trips ahead of time. The company’s new Personal Plan, which rolls out today to a select group of users, will allow riders to lock-in prices for […]

‘Anything Goes’ Pricing Strategy ‘No Longer Working’ | Realtor Magazine

‘Anything Goes’ Pricing Strategy ‘No Longer Working’ | Realtor Magazine

While pending home sales were on the rise in June, closed sales of existing and newly built properties dropped. Home prices, too, showed signs of slowing growth, though they are still increasing. Some housing experts say the fall in sales may be tied to the rapid run-up in home prices. In Southern California, for example, […]

How New Entrants Are Shaping The Future Of Retail | Forbes

How New Entrants Are Shaping The Future Of Retail | Forbes

Warby Parker, the eyeglass company that evolved a dated shopping experience, has also disrupted a category that has seen little innovation over the past few decades. The company offers quick delivery, lower costs and on-trend products. Warby Parker is now a household name and worth $1.75 billion— proving the quickly won value of disrupting the […]

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

Intelligent pricing could help to eliminate waste from luxury brands, says Blue Yonder | Retail Times

The recent news that luxury brands have destroyed millions of pounds worth of unsold merchandise to avoid their products falling into the wrong hands and being sold on the “grey market” at knockdown prices, illustrates the challenges that these brands face in matching pricing and customer demand. With Richemont, owner of Cartier and Mont Blanc, […]

Amid retail woes, discount retailers are expanding and racking up sales. | PostBulletin

Amid retail woes, discount retailers are expanding and racking up sales. | PostBulletin

As retailers scramble to find solutions to the e-commerce-fueled bricks-and-mortar crisis, department store chains like Nordstrom and Macy’s are embracing off-price models. Last Chance, Nordstrom Rack and Macy’s Backstage — along with traditional discounters like TJ Maxx — have continued attracting shoppers with the promise of a treasure hunt, something online merchants can’t quite replicate. […]

FAIR Drug Pricing Act will force drug cos to justify drastic price hikes | CNBC

FAIR Drug Pricing Act will force drug cos to justify drastic price hikes | CNBC

In today’s polarized political environment, it’s hard to find any issue that an Illinois Democrat and a Florida Republican can agree on. Here’s one: the skyrocketing costs of prescription drugs are a scourge that must be dealt with as soon as possible. Drug companies are making record profits and at the same time raising the […]