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Food Donations, Retail Operations, and Retail Pricing
Manufacturing & Service Operations Management, 2023Problem definition: For grocery retailers, managing perishable food that is nearing expiry is a major challenge. Donating food to food banks is socially responsible, as it improves local communities and reduces waste generation. It also diverts food to a secondary, quality-differentiated market.
John D. Lowrey +2 more
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Pricing cues and retail competition
Journal of Retailing, 2023In recent years, many retailers have begun hiding pricing cues (e.g., regular price, strikethrough price, etc.) from consumers. This practice is puzzling because pricing cues can generate higher demand for retailers by providing additional transaction utility to consumers, a fact that is extensively documented in the extant literature.
Anand Krishnamoorthy, Preethika Sainam
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Multichannel retailing and price competition
International Transactions in Operational Research, 2020AbstractWe investigate the profitability of multichannel retailing for competing offline retailers. Each firm can sell a product both offline and online in a position of a first mover or follower in the online market. We find that, depending on the online market size and price competition levels across channels and retailers, the adoption of ...
Salma Karray, Simon-Pierre Sigué
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The Journal of Industrial Economics, 1988
Until recently the retail enterprise (the shop) has been comparatively neglected by economic theorists, partly because they assigned little role to retailing. The growth of interest in the problem in recent years reflects the development of models of imperfect information and the revival of interest in location theory.
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Until recently the retail enterprise (the shop) has been comparatively neglected by economic theorists, partly because they assigned little role to retailing. The growth of interest in the problem in recent years reflects the development of models of imperfect information and the revival of interest in location theory.
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Price Transparency and Retail Prices
2015Price transparency initiatives are typically undertaken by third parties to ensure that consumers have access to price information in markets where obtaining such information is costly. Since providing information is not a strategic decision by the firms in the market, what is the effect of such a practice on the pricing behavior of firms?
Federico Rossi, Pradeep K. Chintagunta
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Pricing of American retail options
Proceedings of the 2010 American Control Conference, 2010We continue our exploration in the use of option contracts as a means of managing and controlling inventories in a retail market. We propose a new class of American put option contracts on inventories of retail goods, where the retailer can exercise the option at any time during the contract period, thus requiring that the option writer purchase any ...
Christina Burton +3 more
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Retail Pricing and Advertising Strategies
The Journal of Business, 1994The authors study pricing and advertising strategies of retailers competing for the demand of an assortment of goods. In a model where uninformed rational consumers decide where to buy each product, they find that firms advertise prices below marginal cost to attract consumers into the store and profit from other goods that consumers plan to buy at the
Lal, Rajiv, Matutes, Carmen
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Automobile Exports: Export Prices and Retail Prices [PDF]
, 2015 Given the recent theoretical emphasis on firm-level heterogeneity in international trade, we examine the price-setting behaviors of Japanese automobile exporting firms as they correspond with the fluctuations of foreign exchange rates. We do so by employing international trade datasets revitalized by the use of the geographical locations of exporting ...
YOSHIDA Yushi, SASAKI Yuri
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