pricing

Shoppers Compare Grocery Prices to Choose Merchants
Shoppers Compare Grocery Prices to Choose Merchants
April 04, 2023  |  Retail

As inflation chips away at shopper loyalty, grocers must become more aware of competitors’ pricing. In an interview with PYMNTS, Sean Turner, co-founder and CTO...

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Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
March 22, 2023  |  Earnings

Deal chasers who are also loyal customers helped pushed closeout chain Ollie’s Bargain Outlet to a strong fiscal fourth-quarter finish after a year of battling...

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Five Below Courts High Earners With Five Beyond
Five Below Courts High Earners With Five Beyond
March 16, 2023  |  Retail

Specialty discount store Five Below is looking to appeal to a new demographic of customers with its Five Beyond concept, which sells items priced above...

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Grocers Woo Persuadable Customers With Private-Label Deals
Grocers Woo Persuadable Customers With Private-Label Deals
March 07, 2023  |  Retail

As grocers seek higher margins and more shopper loyalty, many are turning to private label. PYMNTS research reveals that, while many shoppers have already switched...

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Department Stores Scaling Back as Consumer Spending Slows
Department Stores Scaling Back as Consumer Spending Slows
March 03, 2023  |  Retail

Department stores are adapting to slowing consumer demand by shrinking their operations. Macy’s is rolling out smaller format stores, while Nordstrom is ending its operations...

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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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Retailers Hope $5 Products Will Entice Weary Consumers
Retailers Hope $5 Products Will Entice Weary Consumers
March 01, 2023  |  Retail

With American shoppers feeling pinched, retailers hope $5 goods will help drive traffic. Target is the latest store to embrace this movement, Reuters reported Tuesday...

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Price Hike Decisions Becoming ‘More Difficult’ for Procter & Gamble
Price Hike Decisions Becoming ‘More Difficult’ for Procter & Gamble
February 23, 2023  |  Retail

Procter & Gamble’s CFO says the company is at something of a price increase crossroads. Speaking at an industry conference Thursday (Feb. 23), Andre Schulten...

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RBI Monitors Prices of Both Competing Restaurants and Grocers
RBI Monitors Prices of Both Competing Restaurants and Grocers
February 14, 2023  |  Earnings

Amid inflation, RBI keeps watch on not just other QSRs’ pricing but grocers’ as well. Restaurant Brands International, parent company of quick-service restaurant (QSR) giants...

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