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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days
Consumers More Cost-Conscious During Amazon’s Prime Big Deal Days
October 10, 2023  |  Retail

Shoppers are reportedly opting for affordable items during Amazon’s fall sale for Prime subscribers. Early data from the retailer’s Prime Big Deal Days event reveals...

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Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
October 10, 2023  |  Economy

Walmart’s former U.S. CEO says consumers are facing pressures they haven’t felt in years. Speaking to CNBC Monday (Oct. 9), Bill Simon listed a host of headwinds...

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UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
UNFI Says CPG Brands Will Need to Step Up Deals to Get Customers Back
September 26, 2023  |  Earnings

As grocery inflation normalizes, United Natural Foods, Inc. (UNFI) expects brands to start offering more deals and discounts, which the company sees as a necessary...

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Family Dollar App Update Highlights Consumer Demand for Digital Experience In-Store
Family Dollar App Update Highlights Consumer Demand for Digital Experience In-Store
September 22, 2023  |  Retail

For the in-store shopping experience, digital is a key feature in the aisles, combining wallets, loyalty — and by extension, better inventory management. As reported...

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Walmart vs. Amazon: The Battle of Big Deal Days
Walmart vs. Amazon: The Battle of Big Deal Days
September 18, 2023  |  Retail

On the same day Amazon announced its Prime Big Deal Days event in October, Walmart announced Monday (Sept. 18) its own shopping event, Walmart Deals...

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CVS and Dollar General Lead PYMNTS Provider Ranking of Coupon Apps
CVS and Dollar General Lead PYMNTS Provider Ranking of Coupon Apps
September 14, 2023  |  Coupon Apps

In the world of retail, a prominent theme revolves around optimizing savings during the shopping experience. According to the latest PYMNTS Provider Ranking of Coupon...

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Yahoo Mail Adds Shopping Feature and Other New AI Tools
Yahoo Mail Adds Shopping Feature and Other New AI Tools
August 28, 2023  |  artificial intelligence

Yahoo Mail’s artificial intelligence (AI) beta experience now includes a shopping feature and other new AI tools. These AI enhancements are part of Yahoo’s ongoing efforts to save...

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Amazon Private Label Pullback May Not Be What It Seems
Amazon Private Label Pullback May Not Be What It Seems
August 28, 2023  |  Retail

As inflation ebbs, shoppers continue to trade down while cautiously increasing their spending. Many consumers have had to drastically change their shopping behavior to stretch...

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Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
Retailers Turn to Discounts as Consumers’ Cost Concerns Grow
August 27, 2023  |  Retail

American retailers are increasingly turning to promotions as consumers grow cagey about nonessential spending. As Bloomberg News noted in a report Sunday (Aug. 27), Whirlpool, Petco and Foot Locker are...

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