eCommerce

Bentonville, Ark. - Sam’s Club is partnering with SmartBiz as the exclusive platform for SBA-guaranteed loans for Sam's Club Business Lending Center, a digital platform for small businesses. As a Business Lending Center participant, SmartBiz will provide qualifying Sam's Club business members with SBA loans.

The Michaels Companies overcame weak same store sales growth to deliver strong profit growth in the first quarter.

The Texas-based retailer reported that for the first quarter ended May 2 its net income increased to $67 million or 32 cents per share from $47 million or 25 cents per share in the prior-year quarter. Net sales for the quarter grew 2.4% to $1.08 billion from $1.05 billion in the same quarter last year. Same store sales increased by 0.3%.

Williams-Sonoma is rolling out a fast, easy and secure way to pay online that brings a whole new meaning to instant gratification.

The retailer is teaming up with Visa to launch a marketing campaign and four-part video series called “Time to Savor Summer.”  The video series, launched in support of the availability of Visa Checkout on the Williams-Sonoma e-commerce site, will be “shoppable” due to YouTube’s new shoppable video technology.

Lands’ End Inc. reported profit and sales declines in the first quarter as the retailer grappled with West Coast port delays and headwinds from foreign exchange rates.

Costco reported a bump in U.S. same store sales for the month of May, but international comps declined.

Sam's Club is looking to gain an edge over Costco by overhauling its already first-in-its-category buy online, pick up in store service to appeal to more business customers.

For the third year in a row, Amazon has claimed the top spot in the Reputation Institute’s annual survey of America’s 50 most reputable companies in the retail industry.

The Mother's Day holiday drove up traffic at L Brands, which reported a surge in same store sales for May.

The company reported that net sales increased 5% to $799.1 million for the four weeks ended May 30, compared to net sales of $763.6 million for the four weeks ended May 31, 2014. Same store sales for the four weeks ended May 30, increased 5%.

Walmart has unveiled upcoming changes to its website, stores and employee badges ahead of today's shareholders' meeting in Bentonville, Ark.

According to the Northwest Arkansas Democrat Gazette, Walmart execs told a meeting of employees on Wednesday that it plans to spend at least $1.5 billion in upgrades to its e-commerce sites, store design and employee name badges.

Gap Inc. is eyeing the 110,000-sq.-ft.