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EDLP

   Also found in: Financial 0.03 sec.
AcronymDefinition
EDLPEvery Day Low Prices
EDLPEducational Leadership and Policy Studies (university course; various locations)
EDLPEducational Department of Liaoning Province (China)


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With an EDLP pricing philosophy, we don't have weekly sales to shout about.
Then supermarket price wars began, and you had things like EDLP (Every Day Low Price) becoming the thing to do, and our margins started to get eroded.
Walmart's Asda Abandons EDLP According to the UK's Times newspaper, Walmart's UK subsidiary, Asda, has ditched its long-term EDLP strategy (every day low pricing) in favor of a return to monthly specials, in the face of fierce competition from local chains Tesco and Sainsbury.
 
 
 
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