Tag: Whole Foods

The Importance of Pricing for UK Retailers | The Market Mogul

The Importance of Pricing for UK Retailers | The Market Mogul

Pricing Importantly, offering discounts must be combined with an effective digital marketing strategy – and this is where Debenhams went wrong despite the price cuts. Brick-and-mortar shops have been closing, including those of Marks & Spencer, Toys R Us and Forever 21. Retailers must become more flexible and adapt to consumers who are offered more […]

US Grocers Face More Than Just Amazon | The Epoch Times

US Grocers Face More Than Just Amazon | The Epoch Times

Traditional food retailers are facing challenges from online retailers as well as discounters. According to market research firm YouGov, online grocery market sales will reach $30 billion in 2021, up from $12 billion in 2016. While online retail emphasizes convenience and efficiency on the higher end of the market, discount retailers put additional pressure on […]

First, Amazon destroyed retail — now, it’s coming for Starbucks | ZDNet

First, Amazon destroyed retail — now, it’s coming for Starbucks | ZDNet

Let’s look at their customer engagement model. A typical customer might make a coffee at home with whatever system and brand of coffee they have (hopefully Starbucks) and perhaps pick up a drink at a Starbucks store on the way to work. If they are particularly addicted, they’ll buy a few during the day, but […]

Independent retailers remain confident after Amazon-Whole Foods Market | Supermarket News

Independent retailers remain confident after Amazon-Whole Foods Market | Supermarket News

Brett said he and his team are also trying to figure out how to reduce margins in order to lower prices. “The Whole Foods deal isn’t the shock it might have been if we weren’t already having to be very mindful of our pricing strategy,” he said, explaining they’ve been doing a strategic pricing review […]

Amazon bookstores offer peek into Whole Foods’ future | Fox Business

Amazon bookstores offer peek into Whole Foods’ future | Fox Business

The Seattle-based company launched its Amazon Books experiment about two years ago and has since used the locations to experiment with in-store pricing and selection. At its dozen stores in cities such as New York, Chicago and San Jose, Calif., prices aren’t marked. Instead, employees instruct shoppers to use their phones to scan a product […]

Amazon’s 3 Underappreciated Growth Trends | GuruFocus.com

Amazon’s 3 Underappreciated Growth Trends | GuruFocus.com

Perception of being cheap but not actually the cheapest A common narrative would be that Whole Foods is a lot cheaper now that Amazon has taken over after its $13.7 billion takeover. If you take a closer look at Amazon’s pricing strategy with the precision of a pricing strategist, you will realize that perception can […]

Amazon Pressure With Whole Foods’ Competitive Pricing | eSellercafe

Amazon Pressure With Whole Foods’ Competitive Pricing | eSellercafe

The Amazon effect on Whole Foods Another effect on this is that customers from its competitors have shifted over to Whole Foods. Around 24 percent of new customers come from Walmart, while from Kroger it got 16 percent. This means that customers are preferring the lower prices that Whole Foods is offering as opposed to […]

Three grocery stores. Three strategies. Who wins on price? | The Buffalo News

Three grocery stores. Three strategies. Who wins on price? | The Buffalo News

Before Whole Foods arrived in Amherst last month, most Western New Yorkers knew one big thing about the supermarket: Its nickname is “Whole Paycheck.” So we wanted to find out, are Whole Foods’ prices really that high? And how do they compare to our two biggest local grocery chains, Tops and Wegmans? Comparing prices is […]

What Amazon Knows: ‘The war for retail will be won in groceries’ | Money

What Amazon Knows: ‘The war for retail will be won in groceries’ | Money

With lower prices for higher quality goods, Amazon is posing a direct threat to America’s major supermarkets. The six largest food retailers, which had already taken a hit after the Whole Foods acquisition was announced in June, lost roughly $12 billion in value after Thursday’s announcement about the company’s intention to lower prices. That market […]

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

Target Slashes Prices, but It’s Profits That Will Be Cut | The Motley Fool

  Target (NYSE:TGT) has few options other than to engage in a broad price-cutting strategy. Long under pressure from Wal-Mart and Amazon.com to remain competitive, the mass-merchandising retailer has often responded with select promotional deals to keep customers coming back. And though chains such as Kroger, Supervalu, and even Costco felt the heat from deep-discounting […]