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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Restaurants Tinkering With Subscriptions Turn From Freebies to Discounts
Restaurants Tinkering With Subscriptions Turn From Freebies to Discounts
July 19, 2024  |  Subscriptions

As the restaurant industry aims to figure out how to use subscriptions to drive loyalty, some are finding that offering free menu items is not...

READ MORE >
Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
July 18, 2024  |  Retail

As Vera Bradley transforms to meet consumers’ evolving omnichannel expectations, the brand is upgrading its stores to better fit how consumers want to shop. In...

READ MORE >
Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
Save A Lot VP: Consumers Cross-Shop to Stretch Grocery Budgets
July 16, 2024  |  Retail

Amid ongoing inflation and economic challenges, grocery shoppers are recalibrating their budgeting behaviors to make ends meet. Katie Kobus, vice president of marketing at Save...

READ MORE >
Paycheck-to-Paycheck Vacationers Seize on Travel Discounts
Paycheck-to-Paycheck Vacationers Seize on Travel Discounts
July 15, 2024  |  Travel Payments

As budget-strapped consumers look for ways to afford travel this summer, many are seeking discounts for everything from airfare to attractions. Paycheck-to-paycheck consumers want to...

READ MORE >
Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
July 11, 2024  |  Retail

As retailers look to win subscribers over to their paid membership programs to bring in revenue and drive loyalty, PYMNTS Intelligence indicates that, if Walmart+...

READ MORE >
23% of Grocery Shoppers Alienated by High Prices
23% of Grocery Shoppers Alienated by High Prices
July 05, 2024  |  Consumer Finance

As grocery shoppers look to find the merchant best suited to their needs, a significant share of customers find themselves put off by higher-than-expected prices,...

READ MORE >
Pawstruck CEO: Summer Deals Events Present Make-or-Break Acquisition Opportunity
Pawstruck CEO: Summer Deals Events Present Make-or-Break Acquisition Opportunity
July 05, 2024  |  Retail

As Amazon and Walmart gear up for their summer deals events, digitally native brands are seeing the opportunity to scale in ways that would never...

READ MORE >
iPhone Market Share Sinks in China and the US
iPhone Market Share Sinks in China and the US
July 02, 2024  |  Apple

Apple’s aggressive discounting campaign in China apparently did not prevent it from losing market share. The tech giant ended May with 11% of the Chinese smartphone market, even...

READ MORE >
TikTok Joins Merchants’ Summer Discounting Dash for Paycheck-to-Paycheck Shoppers
TikTok Joins Merchants’ Summer Discounting Dash for Paycheck-to-Paycheck Shoppers
July 01, 2024  |  Social Commerce

As retailers and marketplaces look to summer sales to win the spending of budget-strapped consumers, TikTok Shop is joining the mix with its own discounting...

READ MORE >