Is Discounting Really the Best Thing Happening in Brick-and-Mortar Retail?
The retail industry has been under siege the last few years, and 2017 is on pace to see the worst losses yet. At the midpoint of the year, brick-and-mortar stores were closing at the fastest pace ever.
A few retail chains are bucking the trend, though, and steadily opening new locations. What has been the key to their success?
Bargain-bin discounting.
Source: Fool.com