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Oct. 31—WILKES-BARRE — PPL Electric's price to compare is set to rise slightly on Dec. 1, with a new residential default rate of 10.771¢/kWh, up from 10.040¢/kWh. The new small business ...
May 1—WILKES-BARRE — Christine Martin, president of PPL Electric Utilities, says a decrease in supply costs is good news for customers. "Through a competitive process, we've been able to ...
Target’s sales increase last quarter snaps four consecutive quarters of declining sales for the chain. Target’s sales and profit surged during the height of the pandemic in 2020 and its run ...
In 2020, PPL initiated a formal process to sell WPD in order to position PPL as a purely U.S.-focused energy company and create additional shareowner value. This resulted in a March 18, 2021, announcement of agreements to sell WPD to National Grid plc for £7.8 billion and acquire National Grid's Rhode Island electric and gas utility, the ...
Economists and advertising analysts note that should a company need to increase the price of a product beyond the threshold price-point, it should only be done in small amounts. If a candy bar originally cost $1.99, then there is apparently little difference in making the new price $2.05 or even $2.25.
Last week saw an onslaught of retailers offering discounts on essential items: Target made a similar promise as Amazon's, saying it would cut the prices of 5,000 items including diapers and pet food.
Penetration pricing is a pricing strategy where the price of a product is initially set low to rapidly reach a wide fraction of the market and initiate word of mouth. [1] The strategy works on the expectation that customers will switch to the new brand because of the lower price.
Target lowered prices on approximately 8,000 products earlier this year, and this latest round of price cuts is in addition to that one. So “by the end of the holiday season, Target will have ...