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How Brands can Deliver More Value to Shoppers in 2023

Retail TouchPoints

In general, retailers are experimenting with a variety of promotional components to convey value, reduce the actual cost of products and win the battle for the customers’ wallet. They may also consider other triggers, such as individualized promotions based on customers’ historical average order values.

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Sweaty palms and bargain bins: Why consumers are flocking to dollar stores

Inside Retail

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. Meanwhile in the US, discount store chain Dollar General pulled in approximately $33.75 In June, Pepco reported first-half underlying earnings of €324 million, up 16.8

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Independence Day Trends: What Consumers Purchased Fourth of July 2023

Wiser

In fact, just this year, Salt Lake City, Utah made the switch over from fireworks to drones in order to promote safety after a record number of wildfires. Amazon Prime Day Since its inception in July of 2019, Amazon Prime Day has created fierce competition with 4th of July holiday sales and discounts.

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NRF: Consumers budgeting $875 for holidays

Mass Relators

That is followed by department stores (49%), discount stores (48%), and grocery stores and supermarkets (44%). When shopping for gifts, 62% say sales and promotions are even more important to them this year than last year.

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Overstock Liquidations

Independent Retailer

Getting Rid of Overstock Retailers can sell overstock inventory by using various methods such as clearance sales, discount promotions, and online marketplaces. Another way would be to liquidate the inventory by offering bulk discounts to other businesses or by using an inventory liquidation service. John Gibson Enterprises, Inc.

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NRF: Easter spending to reach $24 billion

Mass Relators

As in previous years, most consumers (54%) say they will buy Easter gifts from discount stores. Other shopping destinations include department stores (42%), online (33%), local and small businesses (22%), and specialty stores (20%). “We

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6 Ways Rising Costs are Impacting Consumer Behavior

Rangeme

of respondents said they would not support a brand that promoted child labor, while 48% were against the testing of animals. Shoppers are turning to discount stores for everyday needs. A total of 54.5% With more consumers putting a premium on customer service, 35.9%