The Finnish supermarket chain, S-market, holds its own 'happy hour' every day, where the retailer applies extra large discounts to those food products nearly reaching their expiry dates.
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At Carrefour Poland, shoppers can enjoy great discounts by convincing others to shop online with the supermarket chain.
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As discounts are available throughout the year, many customers refuse to pay the full price. Some companies however think that vicious circle is unsustainable and try to step out of that loop.
Retailers who attend a RetailDetail event can now enjoy a discount to the ticket price. Register now and come to RetailDetail Day 2019, the RetailDetail Food Congress or the legendary Night at a reduced rate.
Dutch supermarket chain Albert Heijn is experimenting with dynamic discounts for fresh products. The discount is not only dependent on the best-before date, but also on other factors such as the weather, and is determined by artificial intelligence.
Amazon Prime members will get an additional discount on hundreds of Whole Foods products, the chain it acquired in June 2017. Specialists claim there is a clear strategy behind these discounts.
An increasing number of customers does not seem willing to pay full price for fashion any more as years of discounts have altered the customer's point of view on fashion items' worth.