Consumers power the U.S. economy, and their capacity to spend has repeatedly defied predictions. In early 2020, after a short but severe recession caused by the pandemic, consumers splurged on […]
Discount Selling
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Back to news homeFord Slashes Price of Electric F-150 Lightning as Demand Weakens
Ford Motor on Monday reduced prices of its F-150 Lightning electric pickup truck by between $6,000 and nearly $10,000, the latest sign of sluggish demand for electric vehicles.The price cuts […]
Price War Over Electric Cars Erupts in China
A cutthroat price war has erupted in the world’s largest automobile market.Within the span of a week in March, Volkswagen’s Chinese joint venture slashed prices on its ID.3 electric cars […]
With Many Retailers Offering Online Sales, Phony Sites Blend In
Stacie Odeneal, a 43-year-old child-welfare lawyer in Lawrenceburg, Tenn., and mother of three, does most of her shopping on Instagram and Facebook because she finds it convenient. Late on the […]
Why Retailers Are Trying Extra Hard to Woo Holiday Shoppers
Amazon held what amounted to an extra Prime Day in October, blanketing its site with deals. Best Buy rolled out Black Friday-level sales last month. And on Friday, Kohl’s entered […]
Black Friday Shoppers Worry About Economy as Retailers Push Sales
On its website, the mall owner CBL highlighted the discounts that stores like H&M and the children’s apparel retailer Carter’s were offering. Other retailers employed a similar strategy in the […]
Billions of Dollars Are at Stake in a Puzzling Holiday Shopping Season
It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]
Billions of Dollars at Stake in a Puzzling Holiday Shopping Season
It doesn’t matter much to retailers, who used the early holiday sales to try to offload products before most shoppers had even picked out their Halloween costumes. But it signaled […]
Trying to Sell Your Old Peloton Bike? So Is Peloton.
Peloton paused the trade-in program this past June.“It’s in Peloton’s interest to try to control the secondary market,” said Sucharita Kodali, an analyst at Forrester. By buying back equipment, Peloton […]
Retailers Stumble Adjusting to More Selective Shoppers
This hasn’t been the year retailers planned for.After two years of navigating the pandemic — which brought record online sales and shoppers willing to buy all manners of items, to […]