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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Grocers Woo the 42% of US Shoppers Who Prioritize Coupons

Grocers Woo the 42% of US Shoppers Who Prioritize Coupons
Grocers Woo the 42% of US Shoppers Who Prioritize Coupons
March 23, 2023  |  Consumer Insights

PYMNTS research finds coupons are highly important to many shoppers, and grocers are taking note. The Context Certainly, grocers that are able to meet this...

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Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
Ollie’s Bargain Outlet Sees Strong Demand for Closeout Goods Into 2024
March 22, 2023  |  Earnings

Deal chasers who are also loyal customers helped pushed closeout chain Ollie’s Bargain Outlet to a strong fiscal fourth-quarter finish after a year of battling...

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Five Below Courts High Earners With Five Beyond
Five Below Courts High Earners With Five Beyond
March 16, 2023  |  Retail

Specialty discount store Five Below is looking to appeal to a new demographic of customers with its Five Beyond concept, which sells items priced above...

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Coupon App Ranking Shines With Savings
Coupon App Ranking Shines With Savings
March 13, 2023  |  Mobile

Call them deal chasers or money-savers, but those who use coupon apps are just being smart, and the latest Provider Ranking of Coupon Apps shows...

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High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023  |  Economy

F. Scott Fitzgerald wrote that the rich “are different from you and me.” Fast forward a century from when he penned the words, and today,...

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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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Retailers Hope $5 Products Will Entice Weary Consumers
Retailers Hope $5 Products Will Entice Weary Consumers
March 01, 2023  |  Retail

With American shoppers feeling pinched, retailers hope $5 goods will help drive traffic. Target is the latest store to embrace this movement, Reuters reported Tuesday...

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UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
UK Grocery Inflation Hits 17.1% and Supermarkets Make Loyalty Push 
February 28, 2023  |  Retail

As United Kingdom food prices skyrocket, grocers are doing everything they can to retain customers. The country’s grocer inflation rate rose to 17.1% year over...

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