THE RETAIL BULLETIN - The home of retail news
20 years serving the retail industry
Home Page
News Categories
Christmas Ads
Commentary
Department Stores
Electricals & Technology
Entertainment
Fashion
Food & Drink
General Merchandise
Grocery
Health & Beauty
Home & DIY
Interviews
Property
Retail News
Retail Solutions
Shopping Centres, High Streets & Retail Parks
Sports & Leisure
Retail Events
Retail HR 2022
THE Retail Conference 2022
Retail Women In Leadership 2022
Digital Transformation Strategy 2022 Part 2
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Currys launches ‘inflation busters’ to help shoppers through cost of living crisis

Currys has launched a series “inflation busting” initiatives to help UK shoppers cope with the ongoing cost of living crisis. The first is a “12-Month Pay… View Article

ELECTRICALS & TECHNOLOGY

Currys launches ‘inflation busters’ to help shoppers through cost of living crisis

Currys has launched a series “inflation busting” initiatives to help UK shoppers cope with the ongoing cost of living crisis.

The first is a “12-Month Pay Delay” flexible credit option that enables customers to pay no interest on their purchases when the full balance is paid within 12 months.

The electrical and tech retailer has also introduced a price lock on popular tech appliances to Currys’ 2021 lowest price and a “Cash for Trash” scheme whereby money off vouchers can be exchanged for old or broken tech to offset the cost of replacement products.

The 12-month Pay Delay scheme has been introduced after Currys identified a shift in consumer behaviour, with a 34% increase in overall credit usage year-on-year and 41% uplift in the number of shoppers using Buy Now, Pay Later to purchase household items such as washing machines and fridge freezers.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

THE NEXT EVENT

See all upcoming events

LATEST VIDEO

UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON
UKG LifeWork ALL: Register your place now to hear more. RETAIL HR 21 Sept LONDON

Watch video >