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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’

TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’
TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’
February 22, 2023  |  Retail

The TJX Companies saw softer sales at its home businesses after two years of “extraordinary growth.” For full-year fiscal 2023, comparable store sales at the...

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Older Grocery Shoppers Much More Deal-Motivated Than Younger Counterparts
Older Grocery Shoppers Much More Deal-Motivated Than Younger Counterparts
February 08, 2023  |  Consumer Insights

As grocery shoppers rethink their spending, PYMNTS data shows older shoppers seek deals the most. The Context As inflation affects consumer spending behavior, many grocers...

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Fill ‘Er Up: Will the Refill Economy Be the Sequel to the ‘Buy Local’ Movement?
Fill ‘Er Up: Will the Refill Economy Be the Sequel to the ‘Buy Local’ Movement?
January 14, 2023  |  Retail

Amid rising prices, refill commerce is taking over, offering consumers discounts while securing sales for brands. Consumers are looking for options to save, while retailers...

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Scam Websites Prey on Consumers’ Hunger for Retail Discounts
Scam Websites Prey on Consumers’ Hunger for Retail Discounts
January 11, 2023  |  Retail

Online retailers have found themselves on the defensive against fake websites targeting bargain-hungry shoppers. The scam websites purport to offer products from a legitimate company...

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Instacart Uses SNAP Delivery Discount to Woo Lower-Income Shoppers
Instacart Uses SNAP Delivery Discount to Woo Lower-Income Shoppers
December 22, 2022  |  Retail

This week in grocery, Instacart unveils a SNAP grocery delivery deal and self-service technology expands. In a bid to shake the association of grocery delivery...

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Dollar Stores Step up Race to Add Locations Amid Consumer Shift
Dollar Stores Step up Race to Add Locations Amid Consumer Shift
December 20, 2022  |  Retail

Dollar stores and discount retailers are racing to meet consumer demand by adding locations. Dollar General and Dollar Tree, together, expect to have opened 1,300...

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Poland’s Pepco to Add 500 Discount Stores to Inflation-Ravaged Europe
Poland’s Pepco to Add 500 Discount Stores to Inflation-Ravaged Europe
December 13, 2022  |  Retail

Discount retailer Pepco will open 550 new stores as inflation-weary consumers seek less costly products. The Polish company said Tuesday (Dec. 13) it had opened...

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Nearly Half of All Grocery Shoppers Are Switching Stores
Nearly Half of All Grocery Shoppers Are Switching Stores
December 08, 2022  |  Economy

As prices continue to skyrocket, consumers are abandoning their go-to grocers in search of savings. What the Data Say Research from the October edition of...

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Instacart Offers Coupon Solution to Drive Ad Sales Amid Inflation
Instacart Offers Coupon Solution to Drive Ad Sales Amid Inflation
December 02, 2022  |  Retail

With brands noting consumers’ pricing anxieties, Instacart is turning to coupons to drive ad sales. The grocery aggregator announced Wednesday (Nov. 30) the launch of...

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