article thumbnail

Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business

PYMNTS

Our office continues to aggressively monitor this market to protect fair competition for consumers, authors, and other eBook retailers,” Mr. Tong said in a statement, per WSJ. Amazon had a 76 percent market share of all eBooks sold in the U.S. in September, according to Codex Group data, per the WSJ.

eBook 174
article thumbnail

Groceries Juggle Bottom Line, Food Delivery Costs

PYMNTS

Iowa-based grocer Hy-Vee , with its chain of more than 245 supermarkets located in the Midwest, said it plans to expand pickup, which can be cheaper than delivery. Mid-Atlantic food retailer Weis Markets has 198 stores and as online sales rise, it will buy more refrigerated lockers, delivery trucks and technology, its CEO told WSJ.

Iowa 181
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

NJ Online Gaming Revenue Set To Grow 66 Pct This Year

PYMNTS

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. The market was set up to be incredibly competitive,” Grove said, according to the report, “and that competition is successfully producing a product that’s engaging consumers.”.

NJ 131
article thumbnail

Fiserv: What The 2019 Holiday Shopping Data Says About 2020 Spend

PYMNTS

Data from Fiserv supports that point: Brick-and-mortar retail growth during the 2019 holiday season stood at 1.4 Total retail growth was 3.8 However, Fodor didn’t meet with PYMNTS to simply give a tired account of how eCommerce is outpacing physical retail. percent, trailing the 8.1 percent growth rate for eCommerce.

Data 147
article thumbnail

Online Grocery Ordering Coming To SNAP Recipients

PYMNTS

Reports indicate other retailers will join the program next month. The pilot itself will also extend beyond New York’s borders: Alabama, Iowa, Maryland, Nebraska, New Jersey, Oregon and Washington are all slated for tests. ShopRite and Amazon will service the New York City area, while Walmart will cover upstate locations.

Online 126
article thumbnail

Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. Minnesota, North Dakota, and Iowa were the least risky states to lend into. With the average loan loss and lease allowance (ALLL) at 1.25%, including retail, the majority of banks are currently underserved. Once again, it is time to play more defense.

Trends 195
article thumbnail

Why Google Ditched Perishables

PYMNTS

It was less than a year ago — February, to be precise — that Google appeared as the latest player in an increasingly crowded food delivery market that was intent to make a move on grocery. markets up and into effect in Target’s home market of Minneapolis. That can’t always be other retailers’ business model.”.

Google 100