Group items tagged

This article talks about how large grocery retailers have had to postpone opening new supermarkets and might have to close down existing ones because of a decline in sales and decrease in income. Because general consumer income is spent less on food and increasingly on other goods like clothing, the quantity of food demanded by the public is going down and this fractional decrease is affecting the retailers.

This article disscusses how Hershey products fell and haven't met the expectation since it's the season of Halloween and Kit Kat and Reese's exceeded the candy maker expectation. However to reduce impact of volume of elasticty will work closely with retail costumers and insure good advertisment and promotion is being made.

This is a great article! It shows how Hershey has chosen to take in other factors of business such as marketing and advertising to improve it's demand in it's products.

This article discusses how the Indian Government is clamping down on tobacco consumption by imposing higher taxes on cigarettes, chewing tobacco products, and unmanufactured tobacco. The increase in excise duty in the range of 11-72% for different types of cigarettes is the steepest in a decade. With this move, government taxes are projected to account for around 70% of the retail price of some cigarette types.

Due to the decrease in oil prices and other essential goods, people are spending more which is making the us economy grow briskly.

"But many economists call it a classic case of a government causing a problem rather than solving it. Prices are set so low, they say, that companies and producers cannot make a profit. So farmers grow less food, manufacturers cut back production and retailers stock less inventory." In Venezuela, poorly executed price ceilings are causing massive shortages of many necessities. Although prices are cheap, it is extremely difficult to find necessities like bread or toilet paper.

This is an article about how Apple dropped the iPhone 5S' prices; order to clear out the stocks from them. By doing it, they have tied their prices with several other online retailers which sell this product.