Wendy’s wants diners to know it’s not raising prices, despite what they may have heard. When reports emerged recently that the fast-food chain was going to test dynamic pricing — or surge pricing, the practice of hiking prices when demand is at its highest level — a social...
The engine of modern life whirrs mostly in the background, powering conveniences unimaginable decades ago. But that doesn’t mean the engine runs uninterrupted. Last-mile delivery has long been a persistent problem in the logistics industry. The fragmented nature of the space, coupled with the diverse...
Amazon has found a gold mine with its third party sales service. Because the company takes a percentage of each sale from its third party sellers, as well as additional logistics fees via the Fulfilled by Amazon service, the operations now amount to twice as...
Restaurants often prepare too much food for the lunch or dinner rush, but startups are providing them with an avenue to market their surplus meals. Canada’s Feedback, for instance, lets restaurants offer time-sensitive deals to diners in hopes of tackling this challenge. Josh Walters, who...
October 16, 2018
Card acceptance is relatively low in B2B as suppliers balk at interchange fees. Boost Payment Solutions is rolling out Dynamic Boost, to make interchange fees flexible, based on speedy invoice payments. AP spend management via credit cards becomes economically attractive for both buyers and sellers, according to Boost CEO Dean Leavitt.
March 10, 2024
Wendy’s may have backed away from dynamic pricing, but many other eateries are moving ahead. The concept — raising and lowering prices depending on demand — has long been used by mobile apps and eCommerce companies, and is now being embraced by the restaurant industry, The Wall Street Journal reported Sunday (March 10). The report said […]
February 28, 2024
Wendy’s wants diners to know it’s not raising prices, despite what they may have heard. When reports emerged recently that the fast-food chain was going to test dynamic pricing — or surge pricing,...
October 08, 2015
If you listen closely, you just might hear the sound of millions of Amazon shareholders sighing in relief at the latest news on Jet.com. In a blog post on Medium, Jet.com...
May 22, 2015
Staples CIO Tom Conophy had some strong words to say about how the retailer plans to upgrade its dynamic pricing abilities, along with other technology enhancements needed to combat against the...
