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Trading Partners

  • McMillon talks big changes at Walmart

    Walmart CEO Doug McMillon talks about changes at Walmart.

  • Kenneth Cole names former Timberland and Macy’s exec as CEO

    New York - Kenneth Cole Productions Inc. has appointed apparel industry veteran Marc Schneider as CEO, effective Feb. 23. Schneider will assume responsibility for the company's retail, outlet, e-commerce, international, licensing and wholesale businesses. He takes over from founder Kenneth Cole, who has served as interim CEO since February 2011.

  • Groupon reports strong holiday sales

    Despite reporting a boost in fourth-quarter profits, Groupon says the impact of foreign exchange rates will affect first-quarter performance.

    The e-commerce company posted fourth-quarter profit of 6 cents per share, up from 4 cents a share a year earlier. Revenue increased 20 percent to $925 million from $768 million.

  • Costco will no longer take AmEx cards in U.S. stores starting in March 2016

    New York -- In a big loss for American Express, Costco Wholesale Club will no longer accept American Express cards at its U.S. stores starting on March 31, 2016, ending a 16-year-old exclusive relationship with the credit card giant. Costco is one of the few big U.S. retailers that accepts only American Express cards, with by Visa Inc., MasterCard Inc. and Discover Financial Services cards not accepted at its stores.

  • Amex cutting 16-year ties with Costco

    Costco shoppers may soon have other options for payment. American Express says it is ending its 16-year-old exclusive relationship with Costco next year.

    Costco is one of the few big U.S. merchants that accepts only American Express cards. Cards branded by Visa Inc., MasterCard Inc. and Discover Financial Services can’t be used at its warehouse stores.

  • NRF urges White House action on West Coast ports

    Washington, D.C. – As the Pacific Maritime Association prepares to shut down U.S. West Coast ports from Feb. 13-16, the National Retail Federation (NRF) is issuing a public statement asking for direct White House intervention.

  • NRF urges D.C. to act on ports

    As the Pacific Maritime Association prepares to shut down U.S. West Coast ports from Feb. 13-16, the National Retail Federation (NRF) is issuing a public statement asking for direct White House intervention.

  • Report: Argos Merger provides $1.9 billion funding for PetSmart buyout

    Phoenix – The $8.7 billion private equity acquisition of PetSmart Inc. that was announced in December 2014 is one step closer to fruition. Argos Merger is providing a $1.9 billion senior note unsecured offering to finance the purchase.

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