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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Beyond Relaunches Overstock.com With Focus on Deals, New Product Categories
Beyond Relaunches Overstock.com With Focus on Deals, New Product Categories
March 28, 2024  |  Retail

Overstock.com is back online, promising savings of 30% to 70% and a growing range of product categories. The relaunch of the brand was announced in a...

READ MORE >
Walgreens Taps Personalized Marketing to Reach Deal-Seeking Consumers
Walgreens Taps Personalized Marketing to Reach Deal-Seeking Consumers
March 28, 2024  |  Earnings

As economic pressures weigh on shoppers’ minds, Walgreens is leveraging its targeting capabilities to keep them engaged. On a call with analysts Thursday (March 28)...

READ MORE >
Retailers Struggle Amid More Cautious Consumer Spending
Retailers Struggle Amid More Cautious Consumer Spending
March 24, 2024  |  Retail

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country...

READ MORE >
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
March 19, 2024  |  Retail

With the wild success of its summer and fall Prime Day events, Amazon is looking to bring in a similar boost in the spring. The...

READ MORE >
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
March 13, 2024  |  Retail

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a...

READ MORE >
Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
March 12, 2024  |  Consumer Insights

As ongoing economic challenges have continued to affect consumer behavior, PYMNTS Intelligence finds that deal-seeking behavior has long since become mainstream. By the Numbers PYMNTS...

READ MORE >
Big Lots Aims to Make Bargains Account for 75% of Sales
Big Lots Aims to Make Bargains Account for 75% of Sales
March 07, 2024  |  Earnings

Big Lots will continue its “extreme bargains” campaign into 2024 as it looks to improve sales. The discount retailer on Thursday (March 7) released earnings that...

READ MORE >
Consumers Want Personalized Promotions; Just Half Receive Relevant Ones
Consumers Want Personalized Promotions; Just Half Receive Relevant Ones
March 01, 2024  |  Consumer Insights

Everyone likes a customized gift, right?  Yes, but only if it’s the right gift. A recent study from PYMNTS Intelligence confirms personalized offers from merchants can...

READ MORE >
iPhone Demand in China Falls as Resellers Offer Discounts
iPhone Demand in China Falls as Resellers Offer Discounts
February 29, 2024  |  Retail

The iPhone is still apparently a tough sell for Chinese consumers. As Bloomberg News reported Thursday (Feb. 29), resellers in China are marking down the...

READ MORE >