Price Elasticity of Demand – Rauen Sales Sat, 12 Jun 2021 01:28:46 +0000 en-US hourly 1 Fear of inflation? Look at this board before you panic Fri, 11 Jun 2021 19:52:00 +0000

Inflation is on the rise in the United States, but if price pressures were to persist, contrary to the Federal Reserve’s expectations, the data would paint a different picture, an economist said on Friday.

In a note to clients, Daniel Vernazza, Chief International Economist at UniCredit Bank, pointed out the complicated but interesting graph below:

© UniCredit Research

The graph represents the evolution of prices (vertical axis) compared to the evolution of expenditure (horizontal axis) compared to pre-pandemic levels in February 2020, by sector. It uses the personal consumption expenditure deflator instead of the consumer price index because the PCE is the Fed’s preferred measure of inflation and to make better comparisons with spending data.

This shows that most of the items retreated and advanced along the horizontal axis, implying that prices showed little sensitivity to changes in demand, Vernazza explained. And for the service sectors particularly affected by the pandemic, including airline tickets and accommodation, the reopening of the economy has only led to a partial recovery in prices, which have still not returned to the levels. before the pandemic.

It’s a somewhat different story for car rental, where severe supply shortages have driven prices up, while spending in the sector remains well below pre-pandemic levels due to the limited supply, he said. For used cars, the combination of a shift away from public transport by commuters and a global semiconductor shortage for new cars has pushed up both demand and prices.

What’s important to note, Vernazza said, is that since the rise in inflation is largely due to the reopening of the economy and supply shortages, it is will likely prove temporary as the direct effects of the pandemic wear off and supply adjusts to meet demand.

But what would a more lasting inflationary threat look like?

In this case, most of the items would occupy the upper right quadrant of the graph, reflecting what economists call “demand-driven inflation,” Vernazza said. To date, “this is clearly not the case,” wrote the economist.

Lily: The CPI-vs.-PCE debate and other “rabbit holes” to avoid when examining inflation

As inflation jitters rocked financial markets just last month, investor worries appeared to be fading. Treasuries rallied on Thursday, despite another reading of the consumer price index higher than expected, sending the yield on the 10-year Treasury bill below 1.45%.

See: Treasury yields fall despite rising inflation – here are some reasons why

Higher inflation is generally seen as bad news for bonds, eroding the value of interest payments made to holders. Stocks rallied on Thursday, with the S&P 500 approaching a record close on Thursday, while the Dow Jones Industrial Average is not far from its all-time high and tech stocks rise, more sensitive to rates. interest, pushed the Nasdaq Composite higher.

Notice: Here’s why higher prices for car rentals, plane tickets and gowns won’t lead to higher inflation

The Federal Reserve is holding a political meeting next week. While Fed officials largely stuck to their view that inflationary pressures will prove to be “transient,” several also said it was time to start thinking about when it would be appropriate to discuss the issue. withdrawal of asset purchases at the center of its extraordinary monetary policy efforts to support the economy and clean up the labor market.

The Tell: Why the bond market might not suffer another tantrum tapping when the Fed signals it is ready to move

And some economists warn that signs of inflationary pressures in more cyclical segments of the economy are starting to appear.

“Rent and homeowners’ rent equivalents have rebounded sharply in recent months, and OOH food prices have jumped 0.6%,” said Michael Pearce, senior US economist at Capital Economics, in a statement. note. “It is no coincidence that restaurant rents and prices rise faster when wage growth also accelerates.”

Pearce said a continued increase in job vacancies shows worker shortages “are real and are escalating.”

Also see: ‘Take this job and push it’: US workers quit at record highs

“The recent strength in inflation and signs of labor shortages could prompt a handful of regional hawk Fed chairmen to push forward their rate hike projections and step up calls to cut government purchases. active as early as possible at next week’s FOMC meeting, “he wrote. “But we suspect the majority of the committee will stick to ‘largely transitional’ language and instead focus on the yawning shortage of jobs from pre-pandemic levels.”

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EquiCrown, Merck, Millpledge Pharmaceuticals, Andover Healthcare – The Manomet current Fri, 11 Jun 2021 09:07:06 +0000

Global Veterinary Compression Dressings Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026 is a recent comprehensive market analysis that collectively covers demand factors, market size, forecast and global Veterinary Compression Dressings market trends. The report presents the current market conditions and growth prospects. The report is fully compiled keeping in mind its essential information regarding the global Veterinary Compression Bandage market worldwide. During their study of the market, the authors of the report concluded that there could be many critical segments both by type and by application.

The report analyzes the development history and significant developments in the market. It throws light on the current market analysis, segmentation, revenue forecast, and geographies of the global Veterinary Compression Dressings market, upcoming and future opportunities, price, profitability, and major industry players. Major manufacturers are studied based on their company profile, product portfolio, capacity, price, cost, and revenue. This report is confident to assist the clients for future courses of action and action offered in the global Veterinary Compression Dressings market. This analysis includes dedicated sections to examine the barriers and the likelihood of threat that is expected to affect the growth of the market during the forecast period.

NOTE: Our report highlights the main issues and dangers that businesses could face as a result of the unprecedented COVID-19 outbreak.


Although a number of companies are engaged in veterinary compression bandage, the report has listed the major ones in the world. They are:

  • EquiCrown
  • Merck
  • Millpledge Pharmaceuticals
  • Andover Health
  • America’s Acres
  • Smith and nephew
  • Medline
  • Lohmann & Rauscher
  • Better Medical

Market segment by type, the product can be divided into

  • Long stretchy or elastic bandages
  • Short stretch or low elasticity bandages

Market segment by Application, split into:

  • Hospital pharmacy
  • Retail pharmacy
  • Online pharmacy

The report checks the market status and outlook for global and major regions, from the perspective of players, product regions and end applications / industries. The goal of this market is to analyze the Veterinary Compression Bandage Market on the basis of the type of application, future trends, and market growth. Here, the report also aims to study the market trends in various regions and countries. Research also focuses on quantitative data important to ensuring the quality of strategic decisions in visually rich graphics.

Global Veterinary Compression Dressings Market Details Based on Regions:

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy and rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
  • South America (Brazil, Argentina, Colombia and the rest of South America)
  • Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa and Rest of Middle East and Africa)


The summary of the report covers:

  • The report contains a detailed overview of the current Veterinary Compression Dressings market, changing industry market dynamics, and in-depth market segmentation.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments, competitive landscape, key player strategies and product offerings
  • Potential and niche segments / regions showing promising growth and insights for global Veterinary Compression Dressings market players to maintain and enhance their market footprint
  • Key developments in the product category along with technological advancements are highlighted in the report

Additionally, the study describes a variety of analytical resources such as SWOT analysis and Porter’s five forces analysis coupled with primary and secondary research methodologies. It explores the competitive nature of the market in detail with regional analysis. Monitoring and analyzing competitive developments in the global Veterinary Compression Dressings market including research and development, mergers and acquisitions, collaboration, and product launch is also a primary focus of this market.

Customization of the report:

This report can be customized to meet customer requirements. Please connect with our sales team (, who will make sure you get a report that matches your needs. You can also contact our leaders at + 1-201-465-4211 to share your research needs.

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Airline prices cause ‘deterrent’ fear for tourists Thu, 10 Jun 2021 18:28:34 +0000

• Demand “is growing faster than airlines can adapt”

• The head of BHTA describes it as a “good problem to have”

• “Value for money” essential on Florida roads


Editor-in-chief of the Tribune

Yesterday, the president of the Hotels and Tourism Association of the Bahamas (BHTA) expressed concern that the high prices of airline tickets, especially on peak weekends and holidays, ” could be a deterrent ”for travel to this country.

Robert Sands told Tribune Business that tourism demand exceeding airlift capacity was “a good problem to have” as the Bahamas seek to rebuild their main industry after the devastation of COVID-19, with the desire to travel to this destination “faster and faster that some airlines can adjust”.

He spoke after other tourism officials interpreted weekend round-trip costs of $ 650 between Nassau and Florida as a sign that pent-up demand for the Bahamas could exceed industry capacity. air travel, as major source markets, particularly the United States, keep pace with their COVID-19 vaccine rollout.


Kerry Fountain, executive director of the Out Island Promotion Board, told this newspaper: “I have to fly to Nassau for a funeral this weekend, but I can tell you the airfares to Nassau are already high. . This means to me that there is a huge demand and we may not have enough places because the prices are alarming.

“I’m arriving on a JetBlue flight costing $ 450 one way, and on Sunday I’m flying Bahamasair, traveling on two airlines due to availability. The one-way ticket is $ 200. You are talking about $ 650 for a return ticket. I’m complaining because we have to pay out of pocket, but that means we have more demand than supply and more people are traveling. I can live with this. “

His assessment was echoed by Mr Sands, who said: “I am afraid that the level of [airline] prices are currently where they are. As we continue to add additional air travel, where the loads are not as high, we will see more price elasticity. We have to believe that the airlines are managing the performance. They’ve been through a tough, tough time, and what they’re doing is performance management.

“It is not working to our advantage at the moment, and price sensitivities can deter pent-up demand and people wanting to travel to a particular destination. We’ve seen some of it, especially on weekends and peak holiday weekends, but we’re starting to see rates stabilize.

“Demand, certainly on peak weekends and prime time, is growing faster than some airlines can adapt to build additional capacity. They work with us. It is a continual work in progress. In a way, and I’m not saying that irony, that’s a good problem to have, ”Sands continued.

“It’s obviously something where we want to have good value for money to get to where we are going, especially if they’re coming from Florida. It shouldn’t be more expensive to get to Nassau from Florida than from New York.

Mr Sands said the start of the Bahamas cruise line home port means “management of the airlift to the destination will need to be closely monitored due to this new industry.”

Noting that airlines are committing to “tiered pricing in terms of availability on planes,” he added that a group seat reservation for passengers traveling to Nassau to meet the ship or departing after disembarkation could both increase the price of tickets and reduce the capacity of stopover visitors, unless the problem has been resolved.

And, with Canada still banning direct air travel to the Bahamas and other destinations, the BHTA chairman said there were “a number of issues related to COVID-19 still impacting demand.” in the Bahamas.

“We are always looking for an additional airlift in the market, but as the demand increases the number of aircraft seats will also increase, and we are seeing week after week, month after month. introduction of an additional airlift into the destination, ”said Mr. Sables added.

“Once we adjust to the growing demand and air travel continues to flow, we will see the impact on pricing structures at some gateways to the Bahamas. I am not aware of cases where people cannot get flights. We continue to increase the number of airlifts entering the destination. We are far from where we were, and as we develop tourism activity, air transport will increase at the same time.

Mr Sands pointed to the recent returns of British Airways, London, and Copa Airlines from its Panama gateway to Latin America as signs that the airlift is returning as demand for Bahamian vacations increases.

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Antigua and Barbuda PM calls for tax cuts on airline tickets in region Tue, 08 Jun 2021 14:06:02 +0000

ST JOHN’S, Antigua (CMC) – Prime Minister of Antigua and Barbuda Gaston Browne has said the coronavirus pandemic (COVID-19) has provided governments in the Caribbean with the opportunity to implement reductions in taxes on airline tickets in the region.

“The time has come for us to reduce taxes, even by 50% and I accept that you cannot determine the elasticity of pricing on travel demand, as regions and intraregions naturally remain relatively low during this period. of COVID.

“But the fact that you’re not collecting, or collecting next to nothing right now, is not income that you are giving. You can’t give what you don’t earn, ”said Browne, who intends to use the chairmanship of the regional integration movement, Caricom, next month to push the initiative forward.

He said the leaders of the Subregional Organization of Eastern Caribbean States (OECS) support the initiative as it results in other financial benefits.

“I told my OECS colleagues that the time is right. I can tell you that my colleagues are looking at it seriously and I think we should be able to convince them to do something now, ”Browne said, adding that the tax cut might be temporary.

“It could even be for a temporary period. If we say, look by the end of the year at 12 months I have no doubt, that will translate into incremental income and at the same time it will also give us an idea … perhaps the elasticity -prices of these tickets… which carry a heavy component in terms of government taxes.

“I also believe that this is one of the ways to encourage people who are fully vaccinated. We can have a bubble involving fully vaccinated people to allow them to control intra-regional movements and without any quarantine.

“There are therefore multiple advantages to introducing such a policy. So I accept that this is something that should have been done before, but I think again COVID has given us the opportunity to do it now and we shouldn’t be doing it, ”Browne said.

Many countries in the region are now reopening their borders as they emerge from the impact of the coronavirus on their respective economies. They had closed their borders in an attempt to prevent the spread of the virus that has killed and infected thousands of people in the English-speaking Caribbean region.

In May last year, the airlines trade group IATA urged Caribbean governments to lower passenger taxes if they were to profit from the post-pandemic recovery.

IATA Regional Vice President for the Americas Peter Cerda said some regional countries risked losing market share when travel resumes and some airlines are reluctant to return to certain Caribbean destinations if prices fail. are not competitive.

“One of the biggest problems we’ve always had in the Caribbean is that it’s a very heavily taxed market. And it’s always taxed on the airline side, on the passenger side, on the consumer side. And that will be a big challenge for the Caribbean once we are able to escape this crisis, ”Cerda said.

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Coating a sugar tax in sugar won’t make it more palatable Mon, 07 Jun 2021 20:02:00 +0000

In its recent budget, the Government of Newfoundland and Labrador announced that it would introduce a tax of 20 cents per liter on sugary drinks, effective April 1, 2022. This is a first in Canada .

So far, we know little about how the tax works, what products would be affected, and how the tax revenues would be used by the government.

However, when a government commits to taxing a food product – or any product for that matter – it must proceed with extreme caution.

Many countries have taxed sugary drinks, with some success. Mexico has become a well-documented soda tax case in recent years. Its per capita consumption of soft drinks is among the highest in the world, and its rates of obesity and diabetes are high.

A recent report from Mexican supermarkets Sánchez Romero looked at the market three years after the tax was implemented. He noticed that the likelihood of becoming an average to high consumer of non-alcoholic beverages in Mexico had decreased due to the tax. And the likelihood of becoming a weak consumer or a non-consumer had increased. These are encouraging results.

The study, which received a lot of media attention, led many public health experts to support the concept of a sugar tax simply on the belief that it would discourage consumption.

The reality is a little more complicated.

We have seen cases where the demand for soft drinks has increased even with a tax on sugar. A recent study on how France and Hungary manage their soda taxes was revealing. France saw a slight decline in sales of sugary drinks after the tax was implemented, but overall sales of soft drinks increased. In Hungary, a decline in sales of sugary drinks lasted only two years, followed by an overall increase in sales of sugary drinks.

Studies of the impact of taxes on sugary drinks often look at non-alcoholic drinks in isolation. But analysts have suggested that once a sin tax is implemented in a country, consumers are tempted to buy other untaxed food items to get their fix of sugar. Retail hijackings are rarely considered.

According to the Lancet, since the introduction of the sugar tax in Mexico, the obesity rate in the country has increased rather than decreased. And Mexico still has the highest per capita soft drink consumption in the world, more than seven years after the sugar tax was implemented in 2014.

Studies have also noted that the price elasticity of non-alcoholic beverages does not matter. Prices fluctuate throughout the year due to weather, promotions and category management practices. A tax will not necessarily make these products more expensive at retail.

Given the large margins in this category, price is not a factor for most consumers in countries with a tax on soda. The sugar tax is simply absorbed by the supply chain.

We should fear the moralizing state that uses sin taxes to punish consumption. We have seen it with alcohol, cannabis and cigarettes. We have come to accept that these products should be taxed for one reason or another. But these products are not food.

It is difficult to see how this can turn out well for consumers or taxpayers. If sugar can be taxed, a revenue-hungry government could also tax sodium and even fat. Some of the more natural food products are high in sugar, sodium and fat. Some dairy products, meats and even natural juices, for example, could be part of a government hit list.

Another dark side of sin taxes is the way funds are spent. The funds generated by the sin taxes are often misdirected, supporting the problem of a government of the day. The funds end up in a bureaucratic black box and are often used for other means than those originally intended. Many countries have pledged to use the revenue from sin taxes for preventive medicine programs, awareness campaigns, or general health care. It rarely happens or the responsibility just isn’t there.

Most public health experts will desperately want to believe in the effectiveness of a sin tax on food, but the evidence is weak at best. Most studies suggesting a decrease in the consumption of taxed products have defective samples.

Education is perhaps the most powerful tool we have. Per capita soft drink consumption in Canada has declined in recent years – without the sugar tax. A growing number of Canadians have given up on sugary drinks thanks to effective awareness campaigns.

Giving consumers more information can only lead to changes in behavior and choices.

If Newfoundland and Labrador is calling for a sugar tax, it is certainly not to encourage its people to adopt a healthier lifestyle. Given what has happened elsewhere, the government should be honest and say that it is about paying its bills.

Dr. Sylvain Charlebois is Senior Director of the Agri-Food Analysis Laboratory and Professor of Food Distribution and Policy at Dalhousie University.

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Samsung has developed an expandable OLED skin patch with heart rate sensor that works as a fitness tracker Mon, 07 Jun 2021 07:49:04 +0000

The demand for smartwatches and fitness bracelets is increasing in India and other parts of the world. One reason for the request, other than fitness tracking, could be to have access to important alerts and notifications on your wrist. However, there may be times when these clothes are bulky or heavy when attached to the wrist. Samsung wants to change that. The company announced its revolutionary flexible display technology called Stretch Electronic Skin. Researchers at the Samsung Advanced Institute of Technology (SAIT) have developed an expandable OLED display that can be attached to the wrist. It is able to display fitness tracking information to users. Let’s take a look at more details on Samsung’s Stretch OLED Skin Patch.

Samsung teases the future of wearable fitness tracking devices

Samsung has ad a stretchy OLED skin patch that works as a fitness tracker. The patch, according to the company, looks like part of the skin. Samsung’s SAIT R&D team was able to integrate an expandable organic LED (OLED) display and photoplethysmography (PPG) sensor into a single device. It can measure and display the user’s heart rate in real time, creating the form factor “stretchy electronic skin”.

The company says its new OLED Skin display can stretch up to 30%. He changed the composition and structure of the elastomer, a polymeric compound with high elasticity and resilience, and used existing semiconductor manufacturing processes to apply it to the substrates of stretchable OLED displays. and optical blood flow sensors.

The SAIT team tied it to the inside of the wrist near the radial artery to test its durability. It confirmed that the movement of the wrist did not cause any deterioration. The company further claims that this advanced technology can work even after 1,000 stretches.

Samsung plans to bring this technology to market in the future. “Our research is still in its early stages, but our goal is to realize and commercialize expandable devices by increasing system resolution, scalability, and measurement accuracy to a level that makes mass production possible,” researcher principal Jong Won Chung, co-first author of the paper, said.

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The puzzle of the soaring currency in circulation Thu, 03 Jun 2021 23:45:00 +0000

There may also be cases of distress withdrawal or depletion of savings to support families during this pandemic.

By Vighneswara Swamy and Pravakar Sahoo

The rise in currency in circulation or with the public when the economy is experiencing both supply and demand shocks is puzzling. The precautionary motive behind this strong demand for money – the income elasticity of demand being close to 1.5 – is contrary to the economic situation marked by the loss of jobs and the fall in income, and the weakness of the economy. Requirement. The uncertainty-induced increase in currency in circulation – primarily for medical emergencies and other pandemic-induced emergencies like lockdowns – is a sign of temporary accumulation. There may also be cases of distress withdrawal or depletion of savings to support families during this pandemic.

The demand for silver has increased since demonetization, more so in the past 14 months (during the pandemic), causing the currency with the public to rise to a record high of around Rs 29 trillion in May 2021. All efforts for a less cash or cashless economy since demonetization, as the currency in circulation is almost 50% more than the year before demonetization.

The RBI injected money into the economy through unconventional measures such as long term repo transactions, a securities acquisition plan, Rs 50,000 crore for health infrastructure, etc. On the other hand, people store money both in cash and in bank deposits as a cushion. against uncertainty. As a result, an increase in the money supply accumulates in the economy. Recent data released by RBI suggests that broad money (a general measure of money supply in the economy) increased by 11.03% between April 2020 and April 2021, but currency with the public increased by 16 , 7% over the same period.

In a classic macroeconomic framework, the rise in the currency in circulation – a significant part of the major currency in India – should lead to a rise in the price level. The year-on-year wholesale WPI in April was 10.49%, even as retail inflation was below 5%. Although inflation is attributed to rising oil prices and supply chain shocks, the rise in the currency in circulation would certainly have played a role. Inflation would have been much higher without the slower speed of money flow due to the lockdowns. However, once the severe restrictions on interstate movement are lifted, the huge market liquidity and huge currency in circulation could drive prices up, especially in the retail sector.

We are perhaps faced with a scenario where high unemployment and high inflation coexist, as in the 1970s. The CMIE reports that the unemployment rate in April 2021 was 7.97% (urban 9.78% and rural 7 , 1%). However, as most states announced severe restrictions / lockdowns in May, the number of unemployed is expected to rise rapidly. This will lead to a situation of unemployment coupled with a surplus money supply. According to the Phillips curve, low unemployment rates are associated with high inflation levels. So, doesn’t the Phillips curve work? Maybe the answer is “yes”. The unemployment rate loses its relevance as a means of gauging price levels during this uncertainty, leading to panic-triggered preventive currency holding.

Declining gross household savings – the depletion of savings due to loss of jobs or work – along with low or no income could potentially hurt future aggregate consumption, which can jeopardize the recovery. fast economy. As the consumer market shrinks, relaunching investment promises to be more and more difficult. The slowdown in investment in recent years is one of the main reasons for the decline in growth potential, and a further decline in investor confidence due to low disposable income may not help halt the decline in job creation and production.

Besides the price level and exchange rates, there are other macroeconomic implications of excess money on capital flows, the bond market, etc. The central bank and the banking sector must take note of the increase in liquidity in the economy and ensure that there is no panic. palisade driven. While the challenges posed by excess currency in circulation are many, the solution lies in how best to use liquidity to generate demand, investment and growth impulses.

Swamy is a professor, ICFAI Business School, Hyderabad; Sahoo is professor, Institute of Economic Growth, Delhi

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How Optimization Science Can Top Up Your Omnichannel Pricing Tue, 01 Jun 2021 19:07:30 +0000

In a retail landscape that is finally pivoting towards a post-pandemic reality, retailers must strategically recalibrate their pricing strategies for what lies ahead. One thing is clear: Many shoppers who flocked to online channels during COVID will remain digital and retailers need to shift their thinking accordingly. Buyers affected by the economic shocks of the pandemic remain in a state of heightened price sensitivity, and they are much more likely to shop around before making a decision than in a pre-pandemic period. This has made it imperative for retailers to offer attractive prices on the items that matter most to shoppers. The science of full lifecycle pricing has been available to retailers for decades, making real, proven capabilities available on the road every step of the way, from daily pricing and promotions to discount and clearance.

A recent global consumer study discovered a permanent shift towards online shopping. Before the pandemic, 78% of consumers said they “often” or “almost always” shopped in-store, while after the pandemic, only 49% expected to shop “often” or “almost always”. always ”, with only 28% of consumers. consumers saying they would buy in-store (before COVID, 58% said they would buy in-store). Fortunately, data science harnessing machine learning (ML) and artificial intelligence techniques can accurately separate true demand signals from noise and make price recommendations that take into account buyer expectations and elasticity. at the channel level, or even more granularly based on buyer location, demographics, and other attributes.

Likewise, shoppers are now geared towards responding to promotional offers in their smartphones, mobile apps or on a retailer’s website. The same study found that 55% of shoppers say they are “very likely” or “extremely likely” to respond to a promotional offer on their smartphone or in a mobile app, while only 42% feel the same about of a mail delivered to their home, and 41% are very or extremely likely to respond to a flyer in store. Then again, science can provide in-depth and accurate information about promotion effectiveness, enabling retailers to create offers that matter with the vehicles that generate target response rates.

A clear advantage of pricing science is the ability not only to come up with compelling prices and offers on the items that matter most to shoppers, but also to know where retailers can safely reclaim their margin to maintain a pattern. healthy business. There is good news here for retailers, as more shoppers than ever are buying private label products, which typically generate relatively high margins. Not only are shoppers more likely to purchase private label products today than before the pandemic, but in a reversal of perceptions from earlier eras, they perceive private label to be of high quality. The recent global survey found that 81 percent of shoppers perceive private labels to be of higher or similar quality compared to national brands. Using scientific information, retailers can plan scenarios to set pricing and promote their private labels to more effectively attract and retain customers while meeting overall financial goals.

With buyer, competitor and market behaviors evolving faster than ever before, and even with once-stable fundamentals like Key Value Elements (KVIs) constantly evolving, innovative retailers have the opportunity to move beyond approaches. manual at the human speed of lifecycle pricing. By embracing science, retailers can automate processes and respond intelligently and nimbly to changing behavior on a very granular level. Modern science goes beyond previous universal approaches to apply the best science to every retail situation. The result: flexible, adaptable and efficient pricing while delivering better overall performance.

Geoff Pofahl, Ph.D., is Scientific Director at DemandTec, a single-vendor providing lifecycle retail pricing solutions for retailers, delivering the deepest depth and breadth of proven lifecycle pricing solutions in the market.

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Online biz in the traders market Tue, 01 Jun 2021 16:06:10 +0000

As we got more comfortable in our homes, we got used to having everything on our doorstep. Nevertheless, many now prefer to even finish their shopping in their comfort zone. As a result, the Online business has spread its wings, which in effect narrows the tradition commercial market. However, the extended lockdown has also fueled the burning fire by limiting market access to the general public and restricting movement that has hit the commercial market.

Retail e-commerce sales in the United States are expected to reach $ 599 billion in 2024, up 64% from $ 365 billion in 2019, according to research firm Statista. The United States’ share in Global online retail sales are expected to increase from 10% to 9 percent over the same period. However, in 2018, around 1.8 billion people across the world purchased products online. Hinting at this, the McKinsey Global Institute predicts that e-commerce accounts for 12% of global trade in tangible goods, both between business-to-consumer (B2C or retail) and business-to-business (B2B) sales. . However, some foreign trade policies, infrastructure inconsistencies and the lack of globally applicable rules are hypothetically affecting the growth of e-commerce.

Over time, online trading has given trading a chance. The growing business competition between the online shopping site and the retailers leaves the merchants to grab hold. Declining demand, declining their savings especially during the critical situation, the traditional retailer is struggling to cope with business expenses such as rest, staff salaries, their medical emergency posed a challenge major to traders. It even forced traders to downsize their workforce. Likewise, there are several other reasons that prevent traders from continuing to operate.

Ashok Randhawa, president of the Sarojini Nagar Mini-Market Traders Association, says: “My wife had to be injected with Remdesivir and was on oxygen for days. We ended up spending more 5 lakh buying drugs on the black market; it is the story of several households that were infected and ended up using up their savings on treatment. How will we pay our staff if the stores are not allowed to operate? We want the government to allow us to open stores so that we can earn something. “

Other traders in the markets, including Connaught Place, Lajpat Nagar, South Extension and Sadar Bazar. Paramjeet Singh Pamma, vice president of the Sadar Bazar Traders Association Federation, says they have to pay electricity bills and rent even when their stores are closed.

Sanjeev Madan, president of the Lajpat Nagar Market Association, adds: “The entire supply chain is going for a draw. If someone took out a loan, they would default. Eventually it will stop payments to vendors and staff, which will affect the business of factories. The online market is giving us a hard time and if we are not allowed to operate they will damage us further as we lose our capital and our savings. “

In light of this, Delhi Chief Minister Arvind Kejriwal announced that the nation’s capital had registered around 900 new cases of Covid in just 24 hours and that if new infections continued to decline, more activity could be allowed. in and across the city. Responding to the merchant’s request, he adds: “I can understand their difficulty, but they must be patient and not rush. We also want their markets and stores to open. As the situation gets under control we will open everything up. “

A brighter side of e-commerce

While e-commerce has an impact on merchants, it is also convenient in terms of price, productivity, etc. An amalgamation of technology and marketplace has forced companies to examine and rediscover their supply chain strategies. To stay competitive, companies have explored better coordination and association between supply chain partners to bring out inefficiencies that might survive intra-company transactions. Many of the transactions could be done outside, through electronic marketplaces. The Internet and its applications have also served to improve the process to increase the efficiency of supply chain management.

In addition, ICTs allow firms to recognize the market for the inputs they need for production and significantly reduce the cost of collecting and processing information on prices and input characteristics of different goods and services. In addition, information and communication technologies facilitate the integration and control of remote operations without incurring prohibitive costs. Better ICTs make it possible to set up optimized operations in low-cost national sites and in countries where a comparative advantage is present for the outsourced task. Electronic commerce thus facilitates the efforts of companies to separate and transfer all imaginable activities of the production process to entities outside the company. The empirical evidence available on price is mixed. Some of the early studies found that the prices of goods sold on the Internet were on average higher than their counterparts purchased from traditional retailers. A more recent study, however, found that the prices of books and CDs were on average about 10 percent lower on the Internet compared to traditional retailers in the United States. The demand-side evidence for rate compassion is also mixed, with some work suggesting low price elasticity of demand and others suggesting high price elasticity.

Data from countries where the use of information and communication technologies is widespread suggests substantial improvements in productivity. In an analysis of the contribution of information and communications technologies to economic growth in nine OECD countries, over the past two decades, ICTs have contributed between 0.2 and 0.5 percent per year to economic growth. During the second half of the 1990s, this contribution increased from 0.3% to 0.9% per year. The effects were greatest in the United States, after Australia, Finland and Canada. Another study suggests that the rise of B2B e-commerce will increase the level of GDP by five percent in the long run. In addition, it has been debated that Internet-related technologies could increase the speed of financial transactions, which inflates the question of how interest rates should be set and whether the short end of interest fixing requires to become shorter, that is to say units of time less than one day. However, increasing technology leads to inflation, but makes our daily routine easier, resulting in increased productivity.

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7 travel stocks to buy just in time for beach season Tue, 01 Jun 2021 14:51:12 +0000

Talk about pent-up demand. Travel, whether for business or pleasure, has been reduced by almost an inch of their life over the past year. But times are changing.

Nationally, travel is back to normal. People are ready to stay in hotels and resorts again. Crowds are no longer to be feared. People can mix with people again.

And that’s going to be a big boost for travel stocks. Many stocks have already registered big gains in anticipation. But some are now consolidating, waiting for the numbers to reflect their expected growth.

While some high-margin business trips may be the last to come back online due to teleconferencing and decentralized workspaces, school is over again this year and families are ready to hit the road.

The seven travel actions I have chosen here are best suited for truly enjoying the return of summer travel:

  • Boyd Gaming (NYSE:BYD)
  • by Bally (NYSE:BALY)
  • Canterbury Park (NASDAQ:CPHC)
  • Vail Hotels (NYSE:MTN)
  • Penn National Gaming (NASDAQ:PENN)
  • Travel + Leisure (NYSE:TNL)
  • Southwest Airlines (NYSE:LCV)

Travel Stock to Buy: Boyd Gaming (BYD)

Source: Maridav / Shutterstock, Inc.

Despite having a market cap of $ 7 billion, BYD probably isn’t a name that many people recognize as a Vegas brand, or even a national gambling resort brand. But BYD owns 28 gambling properties in 10 states, with 11 hotels and casinos in Las Vegas.

This means people don’t have to travel far to visit one of BYD’s properties. With resorts and casinos from Pennsylvania to Louisiana to Missouri, people who have played in the markets for the first time are likely to return to the tables again.

Like most travel stocks here, BYD had a big run last year, but it’s up 52% ​​year-to-date, so investors expect significant profit growth over the course of the year. of the year. It might seem a bit pricey, but it’s a good location for growth to happen.

Portfolio filing cabinet note: A

Bally (BALY)

Stock BALY The entrance to the Bally's Hotel on the Las Vegas Strip is illuminated at night.

Source: Ceri Breeze /

While BALY owns some of Las Vegas’ most iconic properties, it also owns properties across the United States, with digital sports books in the States as well.

In the age of mobility, digital betting was very useful when casinos and resorts were closed. And that helped generate working capital as properties reopened to limited capacity.

But now everything is back to normal and BALY is one of those travel stocks that investors see as an indicator for the gaming industry. In April, it announced it was issuing an additional $ 600 million in stocks, which reduced the stock’s performance this year. And a shortfall announced earlier this month has also kept BYD stock growth at around 16% year-to-date.

Now has been a good time to enter at a discount.

Portfolio filing cabinet category B

Travel Inventory to Buy: Canterbury Park (CPHC)

racehorse arriving first to the finish line in vintage style

Source: Olga_i via Shutterstock

If you’ve been lucky enough to see the Kentucky Derby or the Preakness this year, you know face-to-face horse racing is back. CPHC not only has a runway outside of the Twin Cities in Minnesota, it also has a casino.

While the summer heat in Las Vegas attracts many people, others prefer the cooler temperatures of Minnesota. Of course, CPHC also offers off track betting and digital games.

With a market cap of $ 66 million, this is a small stock, so it’s going to experience some volatility as institutional investors stay away from companies of this size. But the stock is up 19% year-to-date and is already posting solid earnings.

Portfolio filing cabinet category B

Vail Resorts (MTN)

Skis in the sun on top of a snow-capped mountain.

Source: Shutterstock

However, travel actions are not limited to play complexes. And MTN is proof of that.

Keep in mind that MTN isn’t just a mountain in a Colorado ski town. It operates 37 alpine resorts in three countries. And a lot of them are all over the United States

Admittedly, the winter has not been mild this year, but over the years, ski resorts have become 4-season destinations with plenty of activities when the skiing stops. And the resorts are in great places, so they’re valuable destinations too.

Up 23% year-to-date, there’s a lot of value in this overlooked travel stock.

Portfolio filing cabinet category B

Travel Stock to Buy: Penn National Gaming (PENN)

Penn (PENN) National Gaming logo on the website home page.

Source: Casimiro PT /

If you’ve ever been to a Hollywood casino then you’ve been to a PENN place. The company owns 43 casinos and racetracks in the United States and Canada.

While most of her properties are in towns and cities across the United States, in recent years she has purchased a few properties from BALY, including the famous Tropicana.

PENN also holds a significant position in Bar Stool Sports, a popular media organization. It has opened a mobile betting app that is currently available in Pennsylvania and plans to expand its base. This is an increasingly important industry for travel inventories like these as these revenues are reliable and high margin.

The stock has been stable since the start of the year as it consolidates from the big rally last year. Now is the right time to intervene.

Portfolio filing cabinet category B

Travel + Leisure (TNL)

an empty and sunny hotel room

Source: Shutterstock

While many people might recognize the name of his magazine cover, TNL is actually one of the best travel titles around. It currently defines itself as a leisure and membership travel company, with a portfolio of nearly 20 resort, travel club and lifestyle travel brands.

Given its reputation as a smart package travel companion, it makes perfect sense to create its own travel brands and deliver unique experiences to high-end consumers. They’re also a great demographic to own as they tend to have more price elasticity which helps margins.

With a market cap of $ 5 billion, it is not a powerhouse in the travel industry, but its unique position is where its value lies. TNL stock is up 47% year-to-date after beating first-quarter estimates in late April.

It’s going well now and when international travel opens up it’s going to shine.

Portfolio filing cabinet category B

Travel Stocks to Buy: Southwest Airlines (LUV)

a Southwest Airlines Jet (LUV) flying above the clouds

Source: Carlos E. Santa Maria /

Airline stocks may be the best indicator of the performance of travel stocks as a whole, because the more people who fly, the more people who travel.

Granted, there are other ways to travel, but the United States is a big country and the flight quickly gets you where you want to go. If the United States had a month-long vacation like in Europe, long car and train trips could steal market share. But for now, planes are winning.

And LUV has built its reputation as a low cost, quality people carrier that covers the US markets as well as the Caribbean. He cut costs by opening routes to secondary airports that had lower entry fees than larger ones. His ticker is for Love Field in Dallas, where he started his operations. Love was an alternative to the massive Dallas-Fort Worth airport where the major airlines dominated the gates.

Over the years it has become a big player in the industry as it keeps a close eye on nickel free efficiency and obscures its customers with fees.

The stock is up 37% year-to-date and is expected to grow rapidly.

Portfolio filing cabinet category B

As of the publication date, Louis Navellier has not taken any position on any stocks in this article. Louis Navellier did not have (directly or indirectly) any other position on the securities mentioned in this article.

The InvestorPlace research staff member primarily responsible for this article did not hold (directly or indirectly) any position in any of the securities mentioned in this article.

The opinions expressed in this article are those of the author, submitted to Publication guidelines.

Louis Navellier, who has been called “one of the most important fund managers of our time”, broke the silence by this shocking ‘say it all’ video… Exposing one of the most shocking events in our country’s history… and the only move every American has to make today.

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