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Costco Wholesale Broadens Online Selection Amid eCommerce Growth

PYMNTS

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. He also noted the company plans to offer the first of several Sony-branded products. The warehouse chain reported revenues of $35.4 billion and $1.69

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Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case Against Google

PYMNTS

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. billion in sales during Prime Day on Amazon’s online marketplace, as eCommerce activity surges in the wake of the coronavirus pandemic, the tech giant reported. Third-party sellers generated over $3.5 But Sticky.io

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Walmart Amazon Whole Paycheck Tracker: 150M Prime Members And Super Bowl Commercials Take The Field

PYMNTS

Amazon announced this week that it will expand its online purchasing for SNAP (more commonly known as food stamps) pilot with the USDA into the Pacific Northwest following its rollout in New York last spring. Eventually, according to the agency, the goal is to make online grocery and option for all SNAP users.

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

The loans themselves would reportedly be co-branded. Austin residents officially went online with Amazon Fresh this week, meaning Amazon Prime members can get free two-hour grocery delivery on orders of $35 or more and one-hour delivery for $4.99. Big News of the Week: The Central Operations Restructuring.

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Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?

PYMNTS

Cosi operated 74 company-owned restaurants and 31 franchised restaurants in 15 states at the time of filing. The company cannot continue to operate in its current financial condition, and that the best alternative for the company and its creditors would be to accomplish a sale through the bankruptcy process.”. Claire’s Stores, Inc.,

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Modern-day retail is at an inflection point as retailers face struggling physical storefronts, massive debt, and inefficient operations, among other issues. Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. Date: September 2017.

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