AbbVie CEO Summoned to Congress—Again—to Answer Questions on Humira Pricing, Patenting

AbbVie CEO Photograph

Accused of forming a patent thicket around its top-seller Humira and cancer blockbuster Imbruvica, AbbVie has faced repeated pressure from the House Committee on Oversight and Reform to layout its pricing and patenting strategies. With that information now in hand, the committee is putting AbbVie’s helmsman in the hot seat. Read the full article   […]

Why the Post-Pandemic Economy Will Include Higher Prices, Worse Service, Longer Delays

Isolated Diners talking and having food in restaurant

Companies eager to open their doors to capitalize on vaccinated and eager customers are having trouble finding workers — which means consumers should expect longer wait times, delays in service, and higher prices overall, labor economists warn. Read the full article: Why the Post-Pandemic Economy Will Include Higher Prices, Worse Service, Longer Delays     Photo […]

Coke Joins Other Consumer Brands in Raising Prices to Offset Higher Costs

Cocacola company signboard on building

If you’re one of those folks who need a mid-afternoon Coke to get the creative juices flowing again, your habit might soon get a little more expensive. On Monday, Coca-Cola said it will raise prices on its drinks to offset higher commodity costs. Read the full article: Apple Goes to Battle with Spotify in Premium Podcast Push […]

Procter & Gamble Plans to Raise Prices As Inflation Hits Grocery Shelves

Packs of Pamper diapers

With manufacturing expenses climbing for products like diapers, the owner of the Pampers and Always brands has started implementing price hikes in the baby care, feminine care and adult incontinence categories. Read the full article: Procter & Gamble Plans to Raise Prices As Inflation Hits Grocery Shelves     Photo Credits: Unsplash/Nathan Dumlao

The Used-Car Bubble: How Sky-High Pricing Is Good for Auto Stocks

Used Car being Parked

And because the auto business is so big—trillions are spent every year worldwide at dealers, mechanic shops, gas stations and parts suppliers—anything that happens to one part of the car business, including used-car pricing, has a ripple effect that impacts millions of people. Read the full article: The Used-Car Bubble: How Sky-High Pricing Is Good for Auto Stocks   […]

The Role of Pricing in Changing Brand Loyalties at Grocery

Lady wearing mask in supermarket for shopping

Inventory shortages, lifestyle changes and evolving purchasing behaviors have all contributed to changing brand loyalties during the pandemic, leading shoppers to buy new products and switch brand allegiances. According to Ketchum, 62% of people who have shifted their brand preferences will make that change permanent before the pandemic is over. Read the full article: The Role of Pricing […]