Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items.
Category: Discount Selling
-
-
Shoppers, Drawn by Steep Discounts, Power Through Black Friday
Data on spending this week shows that consumers are shopping big for the holidays despite inflation and economic worries.
-
Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.
-
Want to Save Money on Skiing? Here Are 6 Ways to Pay Less
A multimountain pass is great if you use it enough. New programs are aimed at more casual skiers, offering discounts without the high initial price tag.
-
The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
-
Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.
-
Costco to Sell Ozempic and Wegovy, Weight-Loss Wonder Drugs
Costco members will pay $499 a month out of pocket, the same price offered at CVS and Walmart, and on the manufacturer’s direct-to-consumer website.
-
Discount Airlines Like Spirit and Frontier Changed Flying. Now They’re in Trouble.
Carriers like Spirit and Frontier have lost customers to bigger competitors and seen their costs balloon. Some are in financial distress.
-
Aldi’s Passionate, Cultlike Following Fuels Its Rapid Expansion Plans
“It feels like I’m at a bougie store, but I’m not paying bougie prices,” one shopper said of the discount grocer, which is set to open hundreds of stores as consumers look to save and buy organic.
-
Walmart Tries to Shed a Stodgy Vibe to Battle Digital-Native Rivals
The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items (like Louis Vuitton handbags).
-
Chinese Companies Set Their Sights on Brazil
Confronted with tariffs and scrutiny in the United States and Europe, Chinese consumer brands are betting that they can become household names in Latin America’s biggest economy.
-
Monroe Milstein, Burlington Coat Factory Founder, Dies at 98
His was not exactly a rags-to-riches story, but his family made $1.3 billion from an original down payment of $75,000 in savings.
