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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Price Wars: Amazon and Walmart Escalate Race to the Bottom
Price Wars: Amazon and Walmart Escalate Race to the Bottom
June 28, 2024  |  Retail

This week in the ongoing battle between retail giants Amazon and Walmart, the two companies are upping their discounting efforts in an effort to secure...

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Amazon Takes On Temu and Shein With China-Direct Discount Section
Amazon Takes On Temu and Shein With China-Direct Discount Section
June 26, 2024  |  Amazon

Amazon will reportedly add a section to its shopping site that aims to compete with Temu and Shein, featuring items that are cheap and are shipped from China to...

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More Retailers Imitate Prime Day as Consumers Demand Discounts
More Retailers Imitate Prime Day as Consumers Demand Discounts
June 25, 2024  |  Retail

As retailers look to hold their own among bargain-seeking shoppers this summer in the face of competition Amazon’s ever-more-popular Prime Day, Target is the latest...

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Back-to-School Sales Are Already Starting as Shoppers Seek More Deals
Back-to-School Sales Are Already Starting as Shoppers Seek More Deals
June 21, 2024  |  Retail

Back-to-school sales are getting earlier and earlier, as brands and retailers look to beat their competition to the punch. Apple, for instance, has already kicked...

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Savings United Launches Standalone Coupon Site
Savings United Launches Standalone Coupon Site
June 20, 2024  |  Retail

Savings United, which has over a decade’s experience in helping media partners bring tailored coupons to their readers, has launched its first standalone coupon site....

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Amazon Teases Early Prime Day Deals as Sales Seasons Lengthen
Amazon Teases Early Prime Day Deals as Sales Seasons Lengthen
June 17, 2024  |  Retail

With consumers shifting their spending to key seasonal sales moments, merchants are extending their discount events, with Amazon dropping hints for “early Prime Day deals”...

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Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
Report: Luxury Brands Offer ‘Unprecedented’ Discounts in China Amid Economic Slowdown
June 14, 2024  |  Retail

Luxury brands in China are reportedly resorting to “unprecedented” discounts to sell unsold inventory and entice cautious Chinese consumers. The price cuts reflect growing concerns...

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Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
Consumers Demand Discounts Even When Buying Diamonds Amid Inflation
June 13, 2024  |  Retail

As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...

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Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
Big Lots: Shoppers Are Holding off on Big-Ticket Discretionary Purchases
June 06, 2024  |  Earnings

Still feeling strain on their budgets from ongoing macroeconomic challenges, consumers are cutting out pricy nonessential purchases, according to Big Lots. On Thursday (June 6),...

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