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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Amazon Innovates on Alexa and ‘Hauls’ in a New Shopping Experience
Amazon Innovates on Alexa and ‘Hauls’ in a New Shopping Experience
November 15, 2024  |  Retail

With a nod to digital engagement and the fast-approaching holiday shopping season, Levi’s launched the Levi’s Jeans Fit Guide in Germany, using Amazon Alexa technology...

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Singles’ Day Sales Growth Slows Amid China’s Economic Challenges
Singles’ Day Sales Growth Slows Amid China’s Economic Challenges
November 11, 2024  |  Retail

Retail sales made during China’s annual Singles’ Day shopping event reportedly slowed again this year amid the country’s economic challenges and consumer skepticism about retailers’...

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Forget Cyber Monday: Evolving Habits Reshape Holiday Spending
Forget Cyber Monday: Evolving Habits Reshape Holiday Spending
October 25, 2024  |  Retail

As the holiday season approaches, consumer shopping habits are shifting to earlier purchases and retailers are scrambling to get ready for what may be a...

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Aldi Expansion Continues Amid Thanksgiving Discount Rollout
Aldi Expansion Continues Amid Thanksgiving Discount Rollout
October 17, 2024  |  Retail

Aldi’s latest expansion efforts have it literally in Walmart and Target’s backyards. That’s according to a report Thursday (Oct. 17) by Supermarket News, which notes that one of the German discount grocer’s...

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New Starbucks Boss Reportedly Pulling Back on Discounted Drinks
New Starbucks Boss Reportedly Pulling Back on Discounted Drinks
October 14, 2024  |  Retail

Discounted drinks are reportedly becoming rarer under the leadership of Starbucks’ new CEO. Brian Niccol became chief executive in August, and the company has since scaled back the...

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AI Tools and Independent Sellers Key at Record Amazon Sales Event
AI Tools and Independent Sellers Key at Record Amazon Sales Event
October 10, 2024  |  eCommerce

Amazon says customers saved more than $1 billion during its October shopping event. The eCommerce giant touted this statistic in a Thursday (Oct. 10) press release in the...

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Walmart Takes on Amazon With Earlier Holiday Deals Event
Walmart Takes on Amazon With Earlier Holiday Deals Event
September 19, 2024  |  Retail

Walmart says it is beginning its holiday shopping offerings earlier than ever. “This year, nearly 50% of consumers will start their holiday shopping as early as...

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Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
Burlington Stores CEO Says Lower-Income Shoppers Gaining Amid Economic Shifts
September 10, 2024  |  Earnings

As Burlington Stores CEO Michael O’Sullivan discussed the company’s strong fiscal results during its second-quarter earnings call (Aug. 29), he offered his thoughts related to...

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Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
Ross Stores and TJ Maxx Add Stores; Target Focuses on Digital Engagement
August 23, 2024  |  Retail

Second-quarter earnings reports for Ross Stores, TJX Companies (parent of TJ Maxx) and Target unveiled a mixed bag of results against a backdrop of economic...

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