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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Poland’s Pepco to Add 500 Discount Stores to Inflation-Ravaged Europe
Poland’s Pepco to Add 500 Discount Stores to Inflation-Ravaged Europe
December 13, 2022  |  Retail

Discount retailer Pepco will open 550 new stores as inflation-weary consumers seek less costly products. The Polish company said Tuesday (Dec. 13) it had opened...

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Nearly Half of All Grocery Shoppers Are Switching Stores
Nearly Half of All Grocery Shoppers Are Switching Stores
December 08, 2022  |  Economy

As prices continue to skyrocket, consumers are abandoning their go-to grocers in search of savings. What the Data Say Research from the October edition of...

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Instacart Offers Coupon Solution to Drive Ad Sales Amid Inflation
Instacart Offers Coupon Solution to Drive Ad Sales Amid Inflation
December 02, 2022  |  Retail

With brands noting consumers’ pricing anxieties, Instacart is turning to coupons to drive ad sales. The grocery aggregator announced Wednesday (Nov. 30) the launch of...

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Welcome to the Less Worse Than Expected Holiday
Welcome to the Less Worse Than Expected Holiday
December 02, 2022  |  Retail

The Fed, the largest grocer and now Amazon all offered hope on consumers and inflation. The trio of comments this week come in the wake...

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Food Keeps Consumers Loyal to Retailers Amid Spending Cutbacks
Food Keeps Consumers Loyal to Retailers Amid Spending Cutbacks
December 01, 2022  |  Retail

As consumers cut non-essential spending, food is the hook that keeps them coming back. Discount variety store chain Dollar General, for one, has been expanding...

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60% of Consumers Say Discounts Will Determine Holiday Shopping Loyalty 
60% of Consumers Say Discounts Will Determine Holiday Shopping Loyalty 
December 01, 2022  |  Retail

A new study shows price is everything as budget-minded decisions are consumers’ top drivers. In the latest edition of “New Reality Check: The Paycheck-To-Paycheck Report:...

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Big Lots Plans Small-Town Shift Amid Big-Ticket Slump
Big Lots Plans Small-Town Shift Amid Big-Ticket Slump
December 01, 2022  |  Retail

Big Lots said it’s shifting away from big-ticket items and toward small-town locations. The strategic change comes as the Ohio-based operator of 1,450 off-priced stores...

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Grocers Woo Holiday Shoppers With Targeted Discounts
Grocers Woo Holiday Shoppers With Targeted Discounts
November 28, 2022  |  Retail

Grocers looking to boost holiday sales would do well to offer seasonal deals. By the Numbers Research from PYMNTS’ recent study “New Reality Check: The...

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Retail CFOs See Bigger Markdowns Ahead of Holidays
Retail CFOs See Bigger Markdowns Ahead of Holidays
November 23, 2022  |  Retail

As the busiest shopping season of the year gets underway, retail CFOs are facing shrinking profit margins as their companies offer more markdowns to drive...

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