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Kroger Co. (NYSE:KR) and Safeway Inc. (NYSE:SWY) are attempting to boost their tine margins, by testing customized pricing through which data pulled from loyalty card purchases are used to calculate individualized prices that could lure shoppers to spending more. A subsequent phase might consist of geo-targeting shoppers with coupons based upon their locations within the stores.
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Pilots at American Airlines (AAMRQ.PK) turned down a new contract that they said was ‘too long’, so now the case goes before a bankruptcy judge. This week’s moves imply that current management is quite unpopular with employees, which does not bode well for a merger plan with US Airways Group, Inc. (NYSE:LCC).
Wal-Mart Stores, Inc. (NYSE:WMT) second quarter figures seem to be looking better than anticipated, says Cleveland Research, which is welcome news for the company’s investors after a weak earnings report from Chinese supplier Li & Fung caused a bit of angst.
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