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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

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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Dollar General Blames Winter Storm for Slowing Q4 Same-Store Sales Growth
Dollar General Blames Winter Storm for Slowing Q4 Same-Store Sales Growth
February 23, 2023  |  Retail

Dollar General said a December storm kept it from meeting its expected financial results. The retailer said in a Thursday (Feb. 23) press release that...

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TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’
TJX Sees Softer Sales of Home Goods After ‘Extraordinary Growth’
February 22, 2023  |  Retail

The TJX Companies saw softer sales at its home businesses after two years of “extraordinary growth.” For full-year fiscal 2023, comparable store sales at the...

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Older Grocery Shoppers Much More Deal-Motivated Than Younger Counterparts
Older Grocery Shoppers Much More Deal-Motivated Than Younger Counterparts
February 08, 2023  |  Consumer Insights

As grocery shoppers rethink their spending, PYMNTS data shows older shoppers seek deals the most. The Context As inflation affects consumer spending behavior, many grocers...

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Fill ‘Er Up: Will the Refill Economy Be the Sequel to the ‘Buy Local’ Movement?
Fill ‘Er Up: Will the Refill Economy Be the Sequel to the ‘Buy Local’ Movement?
January 14, 2023  |  Retail

Amid rising prices, refill commerce is taking over, offering consumers discounts while securing sales for brands. Consumers are looking for options to save, while retailers...

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Scam Websites Prey on Consumers’ Hunger for Retail Discounts
Scam Websites Prey on Consumers’ Hunger for Retail Discounts
January 11, 2023  |  Retail

Online retailers have found themselves on the defensive against fake websites targeting bargain-hungry shoppers. The scam websites purport to offer products from a legitimate company...

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Instacart Uses SNAP Delivery Discount to Woo Lower-Income Shoppers
Instacart Uses SNAP Delivery Discount to Woo Lower-Income Shoppers
December 22, 2022  |  Retail

This week in grocery, Instacart unveils a SNAP grocery delivery deal and self-service technology expands. In a bid to shake the association of grocery delivery...

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Dollar Stores Step up Race to Add Locations Amid Consumer Shift
Dollar Stores Step up Race to Add Locations Amid Consumer Shift
December 20, 2022  |  Retail

Dollar stores and discount retailers are racing to meet consumer demand by adding locations. Dollar General and Dollar Tree, together, expect to have opened 1,300...

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