Content about Pricing

April 4, 2012
Survey says – stores clean, service and perishables could be better

Consumer Reports readers who shop at Target gave the company middle-of-the-road marks on service and its perishable offerings, but the company scored better on pricing and received the highest marks possible on cleanliness.

March 28, 2012
And now a few words about pricing

Target has its low price promise, 5% REDcard Rewards and this week, just in time for Easter, its circular is filled with 50% off deals on toys from Star Wars, Mega Bloks, Disney and Fisher-Price toys.

January 27, 2012
EDLP: It’s not as easy as Walmart makes it looks

JCPenney got a lot of love this week from investors and the media after the company’s senior leadership unveiled a simplified pricing and promotional strategy that sounded an awful lot like another well-known retailer’s success formula.

January 25, 2012
"Fresh Air" era begins at JCP

The transformation of JCPenney into America’ favorite store will begin with dramatically simplified pricing strategy and promotional cadence supplemented by an improved product presentation that will allow the 110-year-old company to regain its personality with a new generation of shoppers, according to CEO Ron Johnson.

January 23, 2012
There's no whining in retail

A letter that surfaced last week from Target executives to the company’s suppliers brought back memories of Tom Hanks signature line from the movie A League of Their Own about how there is no crying in baseball.

January 3, 2012
In case you missed it – more pricing news

There were no new surprises during November regarding prices at Target and Walmart.

December 23, 2011
All quiet on the pricing front as inflation moderates

There were no new surprises during November regarding prices at Walmart, but then that is to be expected. The everyday low price strategy to which Walmart has a newfound adherence is boring and that’s the way the company and presumably its customers like it.

December 2, 2011
And in other pricing news . . .

Walmart prices are lower than dollar store competitors in two New Jersey markets, but not by much, according to a recent survey conducted by Deutsche Bank.

December 2, 2011
Walmart leads pricing survey with Target on its tail

All retailers are taking price increases where they can these days, especially in food, but the pace of increases at Walmart has slowed, and its price gap relative to most competitors has widened, according to the most recent pricing survey conducted by Credit Suisse.

December 1, 2011
Kroger posts 32 consecutive quarters of comp sales gains

Kroger posted its 32nd consecutive of same-store sales gains as the grocer continues to grab market share due to a combination of a customer service initiative and value pricing.

October 31, 2011
TGT vs WMT, price gap continues to narrow analysts say

The latest pricing studying from Deutsche Bank analyst Charles Grom shows a basket of 50 items is still cheaper at Walmart than Target, but by a slimmer margin than in the past.

October 24, 2011
Target faces new pricing pressure

Walmart announced that it is helping ensure customers pay the lowest price on holiday gifts with the launch of its Christmas price guarantee.

October 14, 2011
More tough talk on pricing

Walmart has pegged its success in the United States on widening the price gap with competitors to fulfill its everyday low price value proposition, and again this week senior leaders in the stores division vowed to win on price.

October 7, 2011
Gander Mountain adopts Revionics price optimization solution

Retail life cycle price optimization solution-provider Revionics said Wednesday that Gander Mountain Co. has selected the Revionics Price Optimization solution, which provides both base price management and price optimization.

October 4, 2011
Pricing parity at hand in latest survey

The pricing gap between Target and Walmart narrowed last month to a scant 1.7% as Walmart took prices up slightly during August while Target did the opposite, according to a monthly survey by the retail research team at Credit Suisse.

September 8, 2011
Best Buy turns to third-party sellers to boost online presence

Best Buy has joined the likes of Amazon and eBay with the launch of its own third-party shopping destination.

August 5, 2011
Private brands deliver big savings

NEW YORK — Consumers heading to the grocery store this summer can garner more than 35% in savings if they buy store brands, according to a pricing study conducted by the Private Label Manufacturers Association.

July 14, 2011
Is Walmart losing its pricing edge?

That was the provocative, if somewhat dated, question Smart Money used as a headline on a story this week based on a consumer survey conducted by Morgan Stanley analyst Mark Wiltamuth.

June 27, 2011
Dollar General selects DemandTec to optimize pricing

SAN MATEO, Calif. — DemandTec announced that Dollar General Corp. has selected DemandTec's Markdown Optimization, Everyday Price Optimization and Everyday Price Management software services to strategically manage and optimize pricing across its more than 9,500 stores nationwide.

June 27, 2011
Target price gap with WMT widens

The most recent iteration of a pricing study conducted by Credit Suisse shows Target was 4.7% more expensive on a basket of items in Chicago and Dallas compared with 4% the prior month.

June 24, 2011
Walmart wins on pricing, but passing through inflation too

The monthly pricing survey Credit Suisse conducts at Walmart stores and various competitors in Chicago and Dallas market reveals the company continues to offer the lowest prices.

June 20, 2011
Another report of rational pricing

Food inflation is top of mind with retailers these days and more specifically the ability to preserve margins by raising prices to offset the higher prices suppliers are charging. This ability to pass through price increases is dominating discussions in a food universe where it has become common to hear retailers use the word “rational” when describing the pricing climate.

June 20, 2011
Dollar General optimizes pricing services with DemandTec

DemandTec announced that Dollar General will use DemandTec's markdown optimization, everyday price optimization, and everyday price management software services.

June 7, 2011
Groupon ventures into grocery deals with Big Y

Through a partnership with Incentive Targeting and HaloEffect, Big Y Foods will become the first grocery retailer to offer Groupon deals digitally loaded to shoppers’ loyalty cards, the companies announced.

May 23, 2011
There’s more than one way to generate traffic

Sharp pricing on an expanded assortment of food and consumables is one way for Target to get customers to shop its stores more frequently, but this week saw the company break out another type of trip generator with the cover of its weekly ad featuring tee shirts and shorts at an opening price point of $3.

© 2012 Retailing Today. All Rights Reserved.