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 There are many purposes for discounting, including to increase short-term sales, to move out-of-date stock, to reward valuable customers, to encourage distribution channel members to perform a function, or to otherwise reward behaviors that benefit the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 Struggle Amid More Cautious Consumer Spending
Retailers Struggle Amid More Cautious Consumer Spending
March 24, 2024  |  Retail

U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country...

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Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
Amazon Looks to Bring Deal Days Boost to Q1 With Spring Sale
March 19, 2024  |  Retail

With the wild success of its summer and fall Prime Day events, Amazon is looking to bring in a similar boost in the spring. The...

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Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
Family Dollar Parent Plans to Shutter Nearly 1,000 Stores
March 13, 2024  |  Retail

Dollar Tree says it plans to close nearly of its 1,000 Family Dollar locations. The discount retailer announced the closures with its earnings report Wednesday (March 13), saying that a...

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Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
Nearly Three-Quarters of Retail Customers Consider Deals When Choosing Merchants
March 12, 2024  |  Consumer Insights

As ongoing economic challenges have continued to affect consumer behavior, PYMNTS Intelligence finds that deal-seeking behavior has long since become mainstream. By the Numbers PYMNTS...

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Big Lots Aims to Make Bargains Account for 75% of Sales
Big Lots Aims to Make Bargains Account for 75% of Sales
March 07, 2024  |  Earnings

Big Lots will continue its “extreme bargains” campaign into 2024 as it looks to improve sales. The discount retailer on Thursday (March 7) released earnings that...

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Consumers Want Personalized Promotions; Just Half Receive Relevant Ones
Consumers Want Personalized Promotions; Just Half Receive Relevant Ones
March 01, 2024  |  Consumer Insights

Everyone likes a customized gift, right?  Yes, but only if it’s the right gift. A recent study from PYMNTS Intelligence confirms personalized offers from merchants can...

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iPhone Demand in China Falls as Resellers Offer Discounts
iPhone Demand in China Falls as Resellers Offer Discounts
February 29, 2024  |  Retail

The iPhone is still apparently a tough sell for Chinese consumers. As Bloomberg News reported Thursday (Feb. 29), resellers in China are marking down the...

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Three-Quarters of Retail Customers Expect Omnichannel Coupons
Three-Quarters of Retail Customers Expect Omnichannel Coupons
February 28, 2024  |  Retail

As retailers look to secure consumers’ loyalty both online and in stores, PYMNTS Intelligence research finds that digital deals and discounts go a long way...

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Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
Wish Sells at a Bargain as Consumers Seek More Reliable eCommerce
February 13, 2024  |  eCommerce

Discount eCommerce company Wish has sold at a much lower price than might have been expected, a move that comes as eCommerce shoppers increasingly seek...

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