Tag: discount

October 11, 2023

Grocery Outlet recently opened its 450th store (in Las Vegas) while reaffirming its belief that as many as 4,000 can open in the U.S. CEO RJ Sheedy said on Grocery Outlet’s second quarter earnings call, “We are still in the […]

March 4, 2022

The discount retail model is simple yet effective, relying on high volume and low margins. The age-old adage “If it ain’t broke, don’t fix it” comes to mind. The model does not traditionally translate to ecommerce, with delivery costs often […]

August 2, 2021

Deliveroo, Bolt and Uber are all offering discounts and incentives to customers who get the COVID-19 vaccine. As part of a government scheme to encourage younger Brits to get vaccinated, some of the UKs biggest delivery and ride hailing firms […]

April 13, 2021

Nike is set to start refurbishing used trainers returned by shoppers and reselling them at cheaper prices in its latest sustainability push. Nike Refurbished is set to launch across 15 US Nike stores by the end of April, forming part […]

November 16, 2017

NEW YORK–(BUSINESS WIRE)–Think it pays off to go shopping on Black Friday? According to a survey conducted by education portal BlitzResults.com, 81% of all consumers state that they have been tricked by dealers in the past. “Lure offers”, allegedly “sold […]

August 28, 2017

Big Lots topped Street estimates in its second quarter as shoppers continue to seek out bargains. Net income rose 28.2 % to $29.1 million, or $0.67 per diluted share, in the quarter ended July 29, 2017, from adjusted income of […]

February 29, 2016

A Beyond the Rack executive at eTail West 2016 revealed that the online discount retailer’s mobile application saw higher conversion rates, with members becoming 10 percent more valuable post-download. During the keynote session, “Don’t Leave Money On The Table: Beyond […]