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Retail Pricing

All articles tagged with #retail pricing

business1 month ago•5 min saved

GameStop’s Pokémon Card Markups Reach 400%, Triggering Backlash and Calls for Market Oversight

Engadget reports that GameStop is marking up Pokémon cards well above retail, with 30th Anniversary sets priced far higher than Pokémon Center offerings (e.g., Ascended Heroes boosters around $90 online vs $27 retail), ETBs about $170, and Ultra-Premium Collections up to $600, often not listed online to enable last-minute increases; the piece notes this sparks backlash and outlines potential measures by Nintendo/The Pokémon Company to curb scalping, such as inventory controls and market operator agreements, amid ongoing bot-driven online restocks and in-store shortages.

via Engadget|

#30th-anniversary-set #business #gamestop

business3 months ago•12 min saved

Gas price volatility: why pumps jump fast and drift slow in oil shocks

Economists describe the ‘rocket-and-feathers’ phenomenon: retail gasoline prices spike quickly when crude oil rises but fall slowly as crude retreats, driven by forward-looking replacement costs, slim retailer margins, and competitive dynamics at the pump. Consumer search behavior intensifies price increases but wanes as prices drop, while regional market structures—especially California—can magnify the effect. Media coverage and supply-chain constraints also play roles, and even if tensions with Iran ease, pump relief is unlikely to come promptly.

via Los Angeles Times|

#business #consumer-search #crude-oil

business8 months ago•2 min saved

Instacart Discontinues Variable Pricing Program

Instacart is ending a program that showed customers different prices for the same item at the same store, after concerns about transparency and trust. The company clarified that the price variations were random and not based on demand or personal data, and will cease these testing services to restore customer confidence. This move follows a recent $60 million settlement with the FTC over deceptive practices.

via AP News|

#business #consumer-trust #ftc-settlement