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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Big Lots Plans Small-Town Shift Amid Big-Ticket Slump
Big Lots Plans Small-Town Shift Amid Big-Ticket Slump
December 01, 2022  |  Retail

Big Lots said it’s shifting away from big-ticket items and toward small-town locations. Get the Full Story Complete the form to unlock this article and...

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Grocers Woo Holiday Shoppers With Targeted Discounts
Grocers Woo Holiday Shoppers With Targeted Discounts
November 28, 2022  |  Retail

Grocers looking to boost holiday sales would do well to offer seasonal deals. Get the Full Story Complete the form to unlock this article and...

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Retail CFOs See Bigger Markdowns Ahead of Holidays
Retail CFOs See Bigger Markdowns Ahead of Holidays
November 23, 2022  |  Retail

As the busiest shopping season of the year gets underway, retail CFOs are facing shrinking profit margins as their companies offer more markdowns to drive...

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Dollar Tree Says Customers Respond to Lower Food Prices and Cleaner Stores
Dollar Tree Says Customers Respond to Lower Food Prices and Cleaner Stores
November 22, 2022  |  Retail

After being jeered for raising its long-standing $1 price point strategy a year ago, Dollar Tree said Tuesday (Nov. 22) that the change is working, and that...

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Walmart Is Cutting Prices as Amazon Is Cutting Jobs
Walmart Is Cutting Prices as Amazon Is Cutting Jobs
November 18, 2022  |  Retail

In a week that began with Walmart being cheered for delivering strong results and ended with Amazon embarking on its sharpest round of job cuts ever,...

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Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce Profits
Gap Uses Streamlined Branding and Expanded Discounts to Raise eCommerce Profits
November 18, 2022  |  Retail

Apparel retail company Gap Inc. made a huge turnaround this quarter in sales and profits even as global commerce faces continued challenges amid high inflation...

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Fleet Payments Firm AtoB Teams With Casey’s to Offer Fuel Discounts
Fleet Payments Firm AtoB Teams With Casey’s to Offer Fuel Discounts
November 16, 2022  |  Transportation

With fuel costs still high, fleet payments platform AtoB has teamed with convenience retailer Casey’s to offer customers lower fuel costs when they use AtoB’s...

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History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue
History Suggests Black Friday ‘22 Could See Similar Consumer Response Amid Sales Fatigue
November 07, 2022  |  Retail

The holiday shopping headwinds are completely different this year than last, but PYMNTS research suggests the impact on consumers’ buying habits could mirror those reported...

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Amazon Leans on Perks as Walmart Pushes Value in Bid to Boost Membership
Amazon Leans on Perks as Walmart Pushes Value in Bid to Boost Membership
November 02, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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