Fast Food Restaurants Continue Price Wars
Retail Wire
JULY 28, 2024
The urgency for discounts has grown as fast food sales have slowed and casual dining establishments have gained market share with their own value offers.
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Retail Wire
JULY 28, 2024
The urgency for discounts has grown as fast food sales have slowed and casual dining establishments have gained market share with their own value offers.
Retail Times
APRIL 20, 2021
Its popularity is a result of its wide appeal product ranges and value price positioning, with the latter becoming increasingly favourable to consumers amid this period of economic uncertainty. However, with many of its European markets recently introducing new lockdowns, Primark estimates that it will lose another £700m in sales in H2.
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Retail TouchPoints
FEBRUARY 15, 2022
Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) So what changes should we expect to see in 2022? Here’s my take: 1.
Retail TouchPoints
MAY 16, 2024
“Unsurprisingly, 74% of consumers agreed that the economy impacts how interested they are in memberships, so brands and retailers offering these programs need to be mindful of how they balance the financial benefits with more high-value offerings.” Influencing the Membership Journey Because memberships are more closely tied to long-term relationship (..)
Inside Retail
APRIL 3, 2022
Given all the downfalls of getting it wrong, we asked Louise Grimmer, a senior lecturer in marketing at University of Tasmania, and Phoebe Netto, managing director of Pure Public Relations, to weigh in on what makes for a great April Fools’ Day campaign, and whether it’s worth the effort. According to media reports, it’s not.
Retail TouchPoints
FEBRUARY 10, 2022
Additionally, the solution can help advertisers deliver higher-value offers with greater control over campaign costs, by leveraging media distribution vehicles to acquire customers that show purchase intent and interest in the brand.
Inside Retail
AUGUST 15, 2023
Online furniture and homewares retailer Temple & Webster has partially recovered from the significant losses that occurred during the first half of the 2023 financial year, and is focusing on its private labels, AI technology and value proposition to drive growth and market share over the next three to five years.
Inside Retail
MARCH 21, 2024
Coles is using the store revamp to trial key concepts that it identifies as being important to the customer, including an elevated “fresh and healthy” offering, as well as greater “convenience” and “value” offerings. “In I do not believe we would have delivered the result we did without this level of collaboration”.
Rain Pros
AUGUST 17, 2023
The marketing tools and advertising strategies you employ make or break your business. Regardless of your retail niche, you need and deserve the best high-tech marketing tools. Enter retail marketing tools. Rain POS marketing tools keep retailers in business.
Rain Pros
MAY 1, 2023
The marketing tools and advertising strategies you employ make or break your business. Regardless of your retail niche, you need and deserve the best high-tech marketing tools. Enter retail marketing tools. Rain POS marketing tools keep retailers in business.
Retail Gazette
JANUARY 10, 2024
The department store retailer saw UK sales surge to £3.6bn in the 13 weeks to 30 December, driven by market-leading growth in food and a strong performance in womenswear. It added that its “ Remarksable Value ” offer also performed strongly, with sales surging 18% over the golden quarter. M&S saw food sales rocket 10.5%
Retail Gazette
JUNE 30, 2023
Limited trial of Sparks Prices underway pic.twitter.com/hlkP0sfl7V — Bryan Roberts (@BryanRoberts72) June 28, 2023 It is the latest value offer from the grocer, which revealed last week it was extending its price lock promise on 150 products through to the autumn. We’re determined to keep up the pace for our customers.
Retail Gazette
DECEMBER 18, 2023
“Expansion into the growing convenience market is a key pillar of our long-term strategy to become the UK’s second largest supermarket retailer – and we know how important Asda’s great value is to families managing cost of living pressures – especially in the run-up to Christmas.”
Wiser
SEPTEMBER 18, 2023
This transition, coupled with the ongoing impact of the global pandemic, has necessitated a re-evaluation of strategies and approaches for businesses seeking to thrive in this evolving market. The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers.
Mike Anthony
MARCH 27, 2022
And in that downturn, every brand owner, marketer and retailer has the same concern. Not all shoppers are of equal value. Any proponents of a ‘market share is king’ philosophy of marketing often miss the concept that not all consumers and shoppers are of equal value. Marketing isn’t about all or nothing.
Wiser
SEPTEMBER 22, 2020
Wrapping it up into one high-value offering removes some stress from the customer because they don’t have to think about all of the individual charges that they might have incurred otherwise. The product is offered at this price consistently and it can help win market share. Captive-Product Pricing. Limit Pricing.
Inside Retail
JUNE 27, 2023
Marquee Retail Group, the parent company of Colette by Colette Hayman (CBCH) and The Daily Edited (TDE), is aiming to expand its market share through acquisitions and expansions. We’ve tried to be smart with our forward buying, we’ve [put] a lid on costs, and are making sure that we’re promoting a value offer.
Retail Focus
APRIL 8, 2021
“We have created an innovative solution that helps brands meet short term sales goals and grow customer value by connecting them with affluent consumers who can enjoy exclusive access to offers due to their loyalty program membership,” explained Dominic Hofer, CEO of Dezerved and Loylogic.
Mike Anthony
MAY 15, 2022
So, what should marketers do about it? How should we try to win with the value shopper in an economic downturn? The Value Shopper – Shoppers change behavior in an economic downturn. This could have huge implications for the in-store marketing mix, channel mix, and trade investment strategies.
Retail Focus
APRIL 4, 2024
Furthermore, the premium and luxury industry has experienced remarkable growth and prominence, due to an increasing number of affluent consumers and an expanding global market. Modern luxury marketing relies on the omnichannel experience. Five brands have been selected based on their current market positioning at the luxury level.
VMS
NOVEMBER 28, 2022
For now, Americans continue to spend, some bolstered by pandemic-era savings and a still-hot labor market. They are offering customers deeper discounts before an economic slowdown causes a change in behavior once more. That effort is making consumers pessimistic about the economy, with a possible recession still in the minds of many.
Inside Retail
JULY 9, 2023
Metcash’s IGA-adjacent value supermarket Supa Valu, which launched almost a year ago , has seen an increase in foot traffic in recent months as customers continue to look around for the best value. “In The good thing is that we’re not in a rush, there’s no mad space-race for us to have a large rollout.
Wiser
OCTOBER 30, 2023
It indicates reliability and a strong supply chain, which Amazon values. Offer Excellent Customer Service: Efficient handling of customer queries, resolving issues promptly, and maintaining a high seller feedback score can elevate your ranking in Amazon’s algorithm.
Retail Gazette
APRIL 5, 2024
The news comes after Sainsbury’s recently unveiled its latest value offering, ‘Low Everyday Prices’, which it said gave shoppers “market low prices” on selected big brand products, many of which aren’t available in Aldi.
Retail Gazette
SEPTEMBER 12, 2024
The chain’s value offer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. According to Kantar’s, Asda’s hold on the market has plunged dropping 1.2 However, this is not hampering the discounter. percentage points to 12.6%
Retail Gazette
JUNE 28, 2023
// Ocado says it has the “lowest milk price in the market” as it cuts prices on over 100 products // The online grocer said more than 60 of the reductions reflect the recent price cuts made by M&S Ocado has cut the price of over 100 everyday food essentials as it looks to increase its value offer.
RETAIL MANAGEMENT SOFTWARE
JANUARY 8, 2025
Benefits: Increased customer satisfaction and trust Greater likelihood of customers returning for future purchases Stronger word-of-mouth marketing 4. Offer Expedited Delivery Choices One of the key elements in customer retention today is convenience.
Retail Gazette
APRIL 10, 2024
Sainsbury’s has launched a new in-store marketing campaign to showcase its supply chain and sustainability credentials. While last week, the retailer unveiled its latest value offering , ‘Low Everyday Prices’, giving shoppers “market low prices” on selected big brand products, many of which aren’t available in Aldi.
Small Biz Trends
JUNE 22, 2022
Increasing the current price will impact your entire team, so make sure you notify everyone from sales reps and digital marketing to the customer service team and support staff. Dripify offers this great price increase letter example for how to gently inform customers to expect a higher cost while detailing the new pricing plans.
Retail Gazette
NOVEMBER 3, 2024
Our Next Level Sainsbury’s strategy is about giving customers more of what they come to Sainsbury’s for – outstanding value, unbeatable quality food and great service. “In In our Sainsbury’s Locals, we’ve worked hard to offer market leading prices on essential items and popular breakfast, lunch and dinner staples.
Wiser
SEPTEMBER 11, 2017
Dynamic pricing guidelines should be in line with changes in the market. Utilizing competitive analysis, you get an inside look at which of your products are priced higher, but are still winning the market—this is where you command a premium. This can be due to excellent customer service, or a unique value offered.
A1 Retail
JANUARY 7, 2022
Taking a 4,700 sq ft unit in the centre’s food court, The Real Greek will be adding its authentic Greek and Eastern Mediterranean menu to the existing 39 restaurants on offer, bringing even more diversity to the centre’s food court. The Real Greek is now ready for its foray into the North.
365 Retail
MAY 22, 2024
The company plans to further invest in its digital infrastructure and explore new market opportunities. It aims to continue its expansion into the convenience food sector and strengthen its position in the clothing market with innovative and fashionable product offerings. M&S also announced a dividend of 9.8
Retail Bound
OCTOBER 1, 2024
Conduct thorough market research and gather data on your target audience to gain insights into their needs and wants. Utilize social media and influencer marketing. In today’s digital age, social media and influencer marketing can greatly impact a retail product launch. Offer special promotions or discounts.
Retail Gazette
SEPTEMBER 12, 2024
According to Kantar, the upmarket grocer gained market share for the first time in over two years in July, as it nudged up 0.1 It spent £39m on price cuts in the half to bolster its value offer and win back the customers it lost as shoppers sought cheaper groceries elsewhere amid the cost-of-living crisis.
Retail Gazette
DECEMBER 30, 2024
The chain’s value offer and rapidly expanding store network in recent years saw it overtake Morrisons to become the UK’s fourth largest supermarket in 2022. According to Kantar’s, Asda’s hold on the market has plunged dropping 1.2 However, this is not hampering the discounter. percentage points to 12.6%
Retail Gazette
NOVEMBER 24, 2024
Our job now is to measure, follow up, tweak and adjust the things that don’t work, and then by the end of this calendar year, to take the decision on how do we scale this now to all the markets where we operate.” “I’m
Mass Relators
JULY 25, 2023
We have made significant enhancements to our private brands in 2023, and we know how important these value offerings are for our customers,” said Emily Taylor, executive vice president and chief merchandising officer at Dollar General. “We mass retailer or grocer.
Cisco Retail
APRIL 6, 2022
Proof of value offer. Delivering the digital experiences customers expect and demand requires end-to-end visibility into the applications and infrastructure that support the underlying business processes. The result was a 70 percent decrease in production interruptions.
Mass Relators
FEBRUARY 28, 2022
The spoke facility will provide unmatched, impeccable customer service and improve direct access to fresh food in areas eager for the variety and value offered by Kroger.”. The post Kroger extends its hub and spoke delivery model to Oklahoma appeared first on MMR: Mass Market Retailers.
Retail Gazette
DECEMBER 30, 2024
At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factorys value offer resulted in the retailer losing its grip on the industry.
Mass Relators
MARCH 4, 2022
“This network is enabling Kroger to create thousands of technology, operations, logistics, and customer care jobs and improve access to fresh food in cities eager for the variety and value offered by Kroger that once could only be accessed through our stores.”. Detroit ), as well as South Florida and the Northeast and West.
Retail Gazette
JUNE 18, 2024
At its peak, it was the clear greetings card market leader with over 1,000 stores and a presence in almost every major British town, but a n influx of internet rivals alongside the growing popularity of Card Factory’s value offer resulted in the retailer losing its grip on the industry.
Hyken
APRIL 7, 2023
This week, we feature an article by Manpreet Singh Chawla, senior digital marketing executive at Knowmax , a SaaS-based organization that offers knowledge management solutions for various industries. Conduct qualitative market research. He shares how organizations can identify and solve customer pain points.
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