“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
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Said on Business Wars
Afford Anything | Get Smarter With Money · Steve Jobs Hated the Name “Genius Bar.” How He Came Around, with Ron Johnson
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Eliminated coupons from JCPenney pricing
sales down 20% (planned down 15%)
“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
“Price cut is actually a reflection of how well that home is priced… not a sign that the market's crashing”
“We actually encourage clients to actually place in their pricing on the websites ... it can actually cite their prices in directly”
“Giving away 125 free meals a week… prices represent the lowest price he can charge and still meet all of his expenses… menu priced at basically a zero profit margin.”
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