Tag: Discounting

News & Trends

Best Buy US sales slide 13% as inflation, discounting take toll

August 30, 2022

Via: Retail Dive

Best Buy’s sales and profit levels faced dual pressures in Q2. On one front, consumer spending on discretionary categories, including big-ticket electronics, has fallen in recent months in the face of steep inflation on essentials, namely food and fuel. At […]

Customer Engagement, Customer Experience

What Do Shoppers Value and Want When They Walk Into Retail Stores?

April 24, 2017

Via: The Retail Doctor Blog

We now value the worth of something by how picture-ready it is. I got caught up in it myself while staying in Los Angeles recently. A trendy new ice cream shop next to my hotel was known for their bouquet […]

Customer Experience, Loyalty Programs

Can Macy’s Revive Its Brand Through Discounting?

March 23, 2017

Via: The Retail TouchPoints Blog

Macy’s incoming CEO Jeff Gennette revealed at the Bank of America Merrill Lynch Consumer & Retail Technology Conference last week that the department store plans on making significant changes to its struggling brick-and-mortar presence. The changes include dedicated clearance racks, […]

News & Trends

Don’t Be The Luxury Retailer That Had To Close Due To Discounting

August 12, 2016

Via: The Retail Doctor Blog

Luxury has come to a crossroads. What once was exclusive and in high demand is now regularly discounted. And brands aren’t too happy about it. Burberry recently ousted their CEO and gave it to Marco Gobbetti because sales are projected […]