The phrase signifies a reduction in price offered to individuals employed by Spirit Halloween stores. This price reduction can apply to a range of merchandise stocked by the retailer, typically including costumes, decorations, and accessories. For example, an employee might purchase a costume originally priced at \$50 for a reduced cost of \$35 due to the applied reduction.
Such an offering can serve as a valuable benefit for personnel, particularly given the seasonal nature of the business and the inclination of employees to participate in the spirit of the holiday. This incentive can lead to increased job satisfaction and potentially greater employee retention, especially during peak operational periods. Historically, employee-focused incentives like these have been integral in fostering a positive work environment within the retail sector.