Promotions, AI-ready computers and a need for new gear all likely played a role.
Instead of marking down items to clear inventory, retailers are using discounts to draw customers away from competitors.
The term goes back centuries, and became a major source of controversy in the late 19th century.
Over the last year, many retailers have been successfully using discounts to purge their excess inventories. Now, retailers might use discounts to lure skittish consumers.
Target, for example, warned investors of price promotions in the pipeline.
Clipping coupons may be largely digital now, but the deals are still out there. Kayla Burk is teaching a younger generation how to use them.
Retailers’ inventories in October were nearly 17% higher than a year before.
Customers love sale prices — but they can pose real risks for retailers and manufacturers.
President’s Day weekend is usually marked by sales. But both supply chain shortages and inflation are complicating the hunt for a bargain.
What would you fake to save a little money?
