price war


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  • noun

Synonyms for price war

intense competition in which competitors cut retail prices to gain business

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References in periodicals archive ?
PRICE wars have helped drive down the cost of fuel for the fourth month in a row, meaning the cost of filling a hatchback has fallen more than PS5 since July.
But it is among the worst sufferer of the oil price war.
According to IRI's Point of View 'FMCG Price War in France - An Overview and Lessons for other European Countries', the findings suggest that lowering prices may not bring the increased volume sales and improved performance that retailers and manufacturers expect.
Fraser McKevitt, head of retail and consumer insight at Kantar Worldpanel, said: "Lower costs are the result of both falling commodity prices and the ongoing supermarket price war, with all major retailers offering cheaper like-forlike goods.
The price war helped reduce inflation to a record low, at 0.
It's the latest example of the cut-throat price war as the major supermarkets try to rival budget chains Aldi and Lidl to reverse a sharp fall in sales.
Mr O' Toole said: "What we are seeing are some of the big supermarkets firing the opening shots in a new year price war.
Kantar Worldpanel head of retail and consumer insight Fraser McKevitt said: "We expect grocery deflation to continue well into 2015 as the price war rumbles on.
The timing of Iran's price cuts makes a price war more and more probable," Eugen Weinberg, head of commodities research at Commerzbank AG in Frankfurt, told Bloomberg news.
If an oil price war resumes, it will not be the first.
After various more modest initiatives failed to turn the decline in tariffs around in 2013, SAMA ultimately dealt the price war a fatal blow by openly reminding the Kingdom's licensed consulting actuaries of their duty to ensure prudent reserving at the companies with which they work.
SPENDING in food stores dropped in July for the first time in at least 25 years as the supermarket price war took effect, official figures showed today.
5% slump for food in the quarter to July came in the face of the supermarket price war as discounters continue to make inroads.
Embattled Morrisons are to ramp up the high street price war tomorrow with a new wave of discounts.
MORRISONS revealed a deeper slump in sales as the effects of a price war in the supermarket sector continued to bite.