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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. For buy-online-pick-up-in-store, Galanti said Costco has expanded its selection within categories such as handbags, electronics and jewelry.

Online 130
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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

Google 146
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Youth Sports: Don’t Wink At The Ref — Just Pay Them Faster

PYMNTS

The February Faster Payments Tracker , powered by Fiserv , examines the latest instant payment solutions around the globe, as well as how companies are tapping them to support supply chains and other operations. including one from TD Ameritrade , a Nebraska-based brokerage firm. Around the Faster Payments World.

Nebraska 144
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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

Amazon is easily less than halfway through transforming retail by exploiting deep fulfillment moats established over many years,” said Canaccord Genuity Analyst Michael Graham. Big News of the Week: The Central Operations Restructuring. New Chief Operating Officer Dacona Smith will oversee store operations.

Austin 131
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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.

Retail 78
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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.,

Boston 100
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Why Google Ditched Perishables

PYMNTS

” That scaling will see Google up its last-mile instant delivery platform very far and wide with launches in Minnesota, Nebraska, Colorado, North Dakota, South Dakota, Mississippi and New Mexico. “Amazon’s doing it,” Helsel noted of the not-so-good reasoning that decides some delivery-related decisions in retail.

Google 100