Summary of The Never-ending Sale

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

The Never-ending Sale summary
Start getting smarter:
or see our plans

Rating

8 Overall

8 Applicability

7 Innovation

8 Style

Recommendation

Years ago, retailers conducted sales sporadically, usually around holidays. Lately, however, the word “sale” seems to have become permanently etched into store windows and on retail websites. According to this useful study from the Economist Intelligence Unit, e-commerce and the 2008 economic downturn have made consumers particularly bargain conscious, so retailers have to compete by offering perpetual price cuts in what has become a truly global marketplace. getAbstract recommends this insightful article to executives in the retail industry as well as to the securities analysts who cover it.

In this summary, you will learn

  • How sales events in the retail industry have become more frequent and widespread around the world,
  • How retailers are coping with the increased consumer demand for discounted goods, and
  • What impact this sales culture will have on retailers’ future.
 

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

 

Summary

Retail sales events have long marked many cultures’ holidays, especially the Christmas season in the West and the Chinese New Year. But bargain hunting has reached new levels all over the world due to online sales and the 2008 economic downturn. The rapid growth of e-commerce, led by Amazon, has reshaped...

Get the key points from this report in 10 minutes.

For you

Find the right subscription plan for you.

For your company

We help you build a culture of continuous learning.

 or log in

Comment on this summary

More on this topic

By the same author

Customers who read this summary also read

More by category