PYMNTS-MonitorEdge-May-2024

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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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

Today in Data: Retailers Changing Return Policies, Brick-and-Mortar Wins Grocery Game, P&G Embraces ‘Constructive Disruption’
Today in Data: Retailers Changing Return Policies, Brick-and-Mortar Wins Grocery Game, P&G Embraces ‘Constructive Disruption’
January 20, 2022  |  Today In Data

Today in Data, an overwhelming number of grocery shoppers still prefer to go to the supermarket themselves. Plus, Procter & Gamble is using what it...

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Retailers Test Discounting, No-Return Policies to Keep Goods With Consumers
Retailers Test Discounting, No-Return Policies to Keep Goods With Consumers
January 19, 2022  |  Retail

Like clockwork or the rising sun, each new year in the retail industry also reliably brings with it a flurry of January White Sales, spawned...

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Today in Data: Luxury Brands Go to Blockchain, Discount Retailers Add New Stores and StockX Nears IPO
Today in Data: Luxury Brands Go to Blockchain, Discount Retailers Add New Stores and StockX...
January 14, 2022  |  Today In Data

Today in Data, discount retailers are thriving because they make shopping fun, and Sneaker reseller StockX gets closer to going public amid a rise in...

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Here’s Why Discount Retailers are Still Adding New Stores: They Make Shopping Fun
Here’s Why Discount Retailers are Still Adding New Stores: They Make Shopping Fun
January 13, 2022  |  Retail

Exceptional value. Surprising products. Delightful experience. Who wouldn’t want a piece of that action? Turns out, it’s not only what a lot of shoppers want,...

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Latest Coupon App Provider Ranking Points Consumers to Holiday Deals
Latest Coupon App Provider Ranking Points Consumers to Holiday Deals
December 10, 2021  |  Mobile Applications

Many consumers are finding fewer discounts as they go about their holiday shopping this year because of supply chain bottlenecks that have caused delayed shipments...

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Dollar Tree Breaks the Buck With Expanded $1.25 Pricing Policy 
Dollar Tree Breaks the Buck With Expanded $1.25 Pricing Policy 
November 23, 2021  |  Retail

It doesn’t exactly roll off the tongue: “the $1.25 store.” But such is fate in the trenches of discount retailing these days, where the worst...

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In Time for the Holidays, These Coupons Apps Will Stretch Your Dollars
In Time for the Holidays, These Coupons Apps Will Stretch Your Dollars
November 22, 2021  |  Mobile Applications

With holiday travel and shopping nearing, discounts are surely on consumers’ minds. With the price of gas and other commodities, coupon apps can certainly add...

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Groupon, Square Team to Power Local Merchants’ Offers
Groupon, Square Team to Power Local Merchants’ Offers
November 05, 2021  |  Retail

Online coupon platform Groupon and financial services company Square on Friday (Nov. 5) unveiled a collaboration that allows local merchants to use Square’s App Marketplace...

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Burger King’s Paper Coupon Problem Pits 20% of Loyal Customers Against Digitization Push
Burger King’s Paper Coupon Problem Pits 20% of Loyal Customers Against Digitization Push
October 25, 2021  |  Earnings

Burger King’s push to get consumers on board with its digital offerings could be alienating a huge portion of its most long-standing customers. On Monday...

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