Archive for the ‘Cost-Based Pricing’ Category

Buyback Initiative Announced by Ikea

The second-hand furniture industry could receive an unexpected revitalization following the COVID-19 pandemic. It’s been announced by Ikea, the most prominent furniture manufacturer & seller worldwide, that they’re launching a subsidiary initiative based around second-hand furniture. The Swedish-established retailer is launching their “Buyback Initiative” in November 2020. Multiple products not needed inside homes can be […]

CMA Warns Retailers Amid Coronavirus

The Competition & Markets Authority provided an updated report regarding the coronavirus. Retailers and multiple brands have been warned by the governing entity not to exploit global citizens with coronavirus products. This follows after increased prices were seen on Wipes, Face Masks and Hand Sanitizers. It’s prompted for the CMA to begin monitoring pricing and […]