Pricing

Temu Adds 'Import Charges' to Offset Tariffs
April 29, 2025 at 10:38 am

Chinese e-tailer Temu has started adding “import charges” of about 145 percent in response to President Donald Trump’s tariffs. The fees, which began appearing over the weekend after price hikes went into effect on Friday, cost more than the individual products consumers are buying and can more than double the price of a typical order. For…

Show Me the Money: A New Wave of Pricing Transparency Laws
February 10, 2025 at 11:09 am

Every for-profit business faces the challenge of setting competitive prices while also generating a profit. An increasingly common solution to this conundrum has been to advertise one price and later disclose additional charges — e.g., hotels’ resort fees, e-ticketing platforms’ “handling” fees or even surcharges assessed against customers paying with a credit card. The consumer…

Is GenAI-Powered Dynamic Pricing the Future or a PR Nightmare?
November 26, 2024 at 12:16 pm

Dynamic pricing is a hot topic in retail, but hints of such a strategy at big-name grocery retailers such as Kroger and Walmart have sent shoppers out the door. With over one-fifth of U.S. consumers shying away from retailers using dynamic pricing, the key is transparency. Walmart is paving the way for electronic shelf labels…

US Antitrust Case Against Amazon to Move Forward
October 8, 2024 at 5:25 pm

The U.S. Federal Trade Commission's case accusing Amazon.com of stifling competition in online retail will move forward, though some of the states that sued alongside the agency had their claims dismissed, court documents showed. U.S. District Judge John Chun in Seattle unsealed his ruling from Sept. 30, which dismissed some of the claims brought by…

Rising Retail Pricing Pressures Mandate an Elevated Emphasis on Cost Reduction Strategies
August 14, 2024 at 2:33 pm

Despite recent progress in reducing inflation, prices are still high and consumers remain under pressure. Excess savings accumulated during the pandemic have been depleted for a substantial part of the population and credit card delinquencies have reached record levels. We’re also seeing a reduction in job openings and wage growth, among other moderating indicators. As…

Rising Prices in a Crowded Marketplace: What’s a Company to Do?
August 12, 2024 at 8:58 am

There’s no other way to say it: pricing has caught up to everyone. If the recent flurry of TikTok videos about McDonald's Hash Browns has shown us anything, it’s that companies simply can’t raise prices forever. At some point, they’ll price themselves out of the market. Within CPG specifically, prices are rising across the board.…

The Slowdown Retailers Saw Coming
July 29, 2024 at 7:23 pm

Inflation continues to cast a long shadow over American households, with prices soaring to levels 33 percent higher than those seen four years ago. Despite prices easing in recent months, inflation’s cumulative effect has exacted economic strain on many families, who are grappling with a higher cost of living coupled with slower income growth. In…