Source- Chicago Tribune Amazon says its “Prime Day” sale led to a sales surge and “hundreds of thousands” of new signups for its $99 annual Prime loyalty program. The company said it plans to make the sale an annual event. Tied to its 20th anniversary, Amazon promoted Wednesday’s sale for weeks by saying there would […]
As seen in the New York Times: Rollback. Doorbuster. Blowout prices. Do those words mean anything anymore? Even Black Friday is fast getting lost in the blur of perpetual discounts as some of the nation’s biggest retailers go head-to-head Wednesday in a new midsummer event — yet another addition to an annual sales calendar […]
Home Depot is a great company – but let’s face it, they do what a lot of big businesses do: They pay kind of slow. I know this because I have clients who do business with them. Typical terms are around 60 days. These terms are not uncommon when dealing with larger companies. And yet, it’s […]
Need some new shoes with images of limes on them but not sure where to look? Amazon has you covered. The Seattle company’s e-commerce site already sells pretty much any commodity you could want, but Amazon’s new marketplace branches beyond the ordinary household items and electronics. Amazon Exclusives, which launched Wednesday, will sell new products from “up-and-coming” companies, that […]
NEW YORK — Costco Wholesale Corp., acknowledging its split with American Express Co., said Friday that it is close to reaching a deal with a new credit card company for exclusive rights to serve the giant retailer’s customers. Costco should be in a position to announce the new partner “probably sooner rather than later,” said […]
In its latest effort to win more customers, e-commerce giant Amazon is going brick-and-mortar on campus. The retailer has opened its first-ever staffed customer order pickup and drop-off location at Purdue University’s West Lafayette, Ind., campus. Purdue students now have a new convenient option for receiving textbooks and other college essentials, as well as a […]
A new app called Boxed is going after bulk retailers like Sam’s Club, Costco, and BJ’s, according to Fortune. Boxed lets customers order bulk groceries and more via smartphone. The company reportedly has over one million users. Executives told Fortune that Boxed has already raised over $25 million in Series B funding. There’s delivery available for nearly everything — […]
ATLANTA, Jan. 16, 2015 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, today announced that its Board of Directors has elected CEO and president, Craig Menear, as chairman, effective February 2. He will succeed Frank Blake, who will retire as chairman. “On behalf of the Board of Directors, I once again want to thank Frank for his outstanding […]
Instacart has confirmed its giant $220 million investment led by Kleiner Perkins Caufield & Byers, which Re/code previously reported values the grocery delivery startup at $2 billion. Now the real work begins. Instacart, whose service lets people order groceries from local stores such as Whole Foods and Costco and have them delivered on the same day, faces a long […]
Costco will expand more heavily into China after it sold $3.5 million worth of goods over a 24-hour period with the help of Alibaba. In October, the Seattle-area retail giant announced it was partnering with Alibaba to enter the China market for the first time. In doing so, Costco planned to sell some of its merchandise, including some of the Kirkland brand […]