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Report looks at price war between Amazom.com and Walmart.com
New York -- A new index called the Price Perception Index provides insight into digital pricing strategies. The index, created by e-commerce startup Bommerang Commerce, measures how retailers optimize prices to attract buyers, compete with other retailers and build their business on a mix of profit margins and volume.
The first Price Perception Index looks at the complex competition between Amazon.com and Walmart.com.
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Connected home capabilities expanding at Lowe’s
Lowe’s has a new partner in its pursuit of the connected home market and the lofty goal of making customers’ homes and lives smarter.
The nation’s second largest home improvement retailer will sell new smart home devices in 2015 certified by Icontrol Networks, the company behind the most widely used connected home platform in the industry.
