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Loblaws Pilots 3 Limited-Assortment ‘No Name’ Stores, Promises Significant Discounts

Retail TouchPoints

Our commitment to customers is that products at the no name store will be up to 20% less than the regular retail price on a comparable product at any of the four main discount grocers in that local area,” said Melanie Singh, President of Loblaw’s Hard Discount Division in a statement.

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Ocado to slash hundreds of prices under fresh price drop

Retail Gazette

Ocado Retail is slashing prices under its latest Big Price Drop scheme. Posting on LinkedIn, the online grocer said it was cutting the prices of more than 450 products by an average of 17%. The retaler insisted this was one of the ways it was “continuing to offer reassuringly good value” for customers.

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Motatos exits UK due to ‘tough’ market conditions

Retail Gazette

Online discount grocer Motatos has shut down its store in the UK just one year after launching in June 2022 due to what it described as ‘tough’ market conditions. The company maintained cheap prices by selling products that were out of season, close to their best before dates or had old packaging.

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Kadenwood brands reach new distribution milestone

Mass Relators

Having only been founded in 2019, Kadenwood has been steadfast in its strategy that securing a large retail presence is essential to success in the emerging CBD category. LEVEL SELECT and Social CBD are trusted consumer brands that deliver the highest levels of CBD at the lowest retail price per milligram.

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5 Inventory Costing Methods to Consider When Valuing Your Stock

Retail Times

The traditional way of handling accounting is known as the retail method , a process in which you estimate the value of your ending inventory by factoring in the cost to retail price ratio. Deduct your total sales during that period from the retail value of merchandise available for sale. Let’s say you’re a grocer.

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Price Optimization MythBusters: How to Meet Shoppers’ Needs While Achieving Your Business Goals

365 Retail

While the science behind price, promotion and markdown optimization technology requires retail-savvy specialized data scientists, the tools themselves are increasingly modern, accessible and easy to use by retail pricing teams. If you’re a grocer, make sure they have strong experience with other grocers.

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Jason & Scot Show Episode 309 Instacart IPO Filing

Retail Geek

Jason: [37:26] No exact yeah I mean I think the Grocer’s talk and I hesitate to bring this up because I don’t think I remember I’ll for off the top my head but there’s like four typical types of shopping missions right so there is that like Pantry stocking shop there’s like a weekly shop there’s a.