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No Candy: Godiva To Close US Stores

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retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. They are in 31 states and Puerto Rico. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

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MoneyGram Extends Relationship With Walmart

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Puerto Rico and on its digital platform at walmart.moneygram.com. This longer-term extension is a testament to our strong alignment on customer-centric strategies as well as continued preference for the MoneyGram brand at the point of sale,” said Alex Holmes , MoneyGram’s chairman and CEO, in a statement. million in revenue.

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Costco’s Co-Branded Credit Card Has 1 Million Members

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Costco Wholesale has reached a milestone, with Costco saying its co-branded Citi Visa Anywhere credit card now has 1 million members who have signed up for the card. According to a report , the co-branded card was launched in June and is resonating with consumers. million American Express co-branded cards, “about 7.5

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

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Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. Sycamore Partners, the New York-based private equity firm, is also reportedly considering the purchase, FN reported.

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

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In a press release , the company said it aims to provide its customers with the “fastest same-day retail pickup offering available today.” Customers can shop online or using a revamped mobile app for “health and wellness items, and then pick them up in the store, curbside or at the drive-thru in as little as 30 minutes,” per the release.

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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

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Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. The Abu Dhabi Investment Authority (ADIA) is investing approximately $750 million in Reliance Industries subsidiary Reliance Retail Ventures Ltd. percent share of Reliance Retail.

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Fizzle Of The Week: Puerto Rico’s Cash Crisis

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Toys R Us : Might the beleaguered retailer, which recently filed for bankruptcy, have a lifeline that is enough to keep kids smiling with Mario (the video game character) and My Little Ponies? Also, Amazon is expanding Alexa to BMW to be included in vehicles from that iconic automotive brand in the future. Puerto Rico is short on cash.