discounts

Discounts and allowances are reductions to a basic price of goods or services. There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the discount issuer.

(source: en.wikipedia.org)

Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
Amazon Announces Prime Day’s Return as Shoppers Flock to Seasonal Deals
April 26, 2024  |  Retail

With consumer spending increasingly motivated by deals and seasonality, Amazon is gearing up for its tenth-ever Prime Day savings event, as Doug Herrington, CEO of...

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Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
Cash-Strapped Consumers Hesitant to Spring for Full-Priced Wholesale Club Memberships
April 23, 2024  |  Retail

With ongoing financial challenges prompting consumers to make more conservative spending changes, major membership wholesale clubs’ latest promotions suggest they are having trouble getting shoppers...

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Consumer Demand for Deals Fuels Rise of Discount Subscriptions
Consumer Demand for Deals Fuels Rise of Discount Subscriptions
April 18, 2024  |  Subscriptions

With consumers seeking more bang for their buck, retail merchants are rising to the occasion, offering discounts for subscribing, PYMNTS Intelligence finds. By the Numbers...

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Shoppers Strain Under Burden of Ongoing CPG Price Hikes
Shoppers Strain Under Burden of Ongoing CPG Price Hikes
April 16, 2024  |  Retail

As leading consumer-packaged goods (CPG) brands continue to raise their prices slowly but persistently, shoppers who are on the fence are looking for more affordable...

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Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
Consumers Say Amazon’s Big Spring Sale Was Stronger Than Walmart+ Week
April 16, 2024  |  Retail

Last month, Amazon introduced its first-ever Annual Big Spring Sale. Whereas Amazon’s Prime Days events are designed to woo Amazon subscribers into filling their shopping...

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Deal-Seeking eGrocery Customers Prioritize Brand Recognition Over Loyalty
Deal-Seeking eGrocery Customers Prioritize Brand Recognition Over Loyalty
April 16, 2024  |  Retail

When looking for deals online, grocery shoppers want the reassurance of buying from familiar, trusted companies, but they may be willing to sacrifice their loyalty...

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Retail Personalization Is About More Than Just Sending Offers
Retail Personalization Is About More Than Just Sending Offers
April 15, 2024  |  Retail

As merchants look to set their offerings apart to win shoppers’ loyalty, personalization is key. That means more than just using artificial intelligence (AI) to...

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Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
April 11, 2024  |  Retail

With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new...

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Packaged Food Sellers Emphasizing Value for First Time Since Pandemic
Packaged Food Sellers Emphasizing Value for First Time Since Pandemic
April 08, 2024  |  Retail

Makers and retailers of packaged foods and drinks are reportedly emphasizing value and discounts to a greater degree than they’ve done since the pandemic. This...

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