Johnny Lawrence is the chief merchandising officer at Grocer…
Johnny Lawrence is the chief merchandising officer at Grocery Kai, a karate-themed supermarket in San Jose, California. Among other duties, Johnny is responsible for Grocery Kai’s pricing strategy. The vast majority of the supermarket’s products are commonly purchased categories that are bought on a frequent basis. Johnny also notes that Grocery Kai’s main competitor, Miyagi Mart, prices its products at a relatively low level all the time and rarely runs price promotions. Based on this information, which of the following pricing strategies should Johnny adopt at Grocery Kai?
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