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Mass Merchant

  • American Express lost Costco, but it gained its rival

    Bentonville, Ark. -- In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

    Starting Oct. 1, all Sam’s Club locations in the U.S. and Puerto Rico will take American Express cards at checkout. Earlier this year Costco ended its 16-year relationship with American in favor of Visa after the two companies could not come to an agreement on new terms.

  • Sam's Club lobs another salvo at Costco

    In the latest move in its battle against Costco, Sam's Club is going to start accepting the very form of payment that Costco rebuffed earlier this year.

  • These grocery shoppers actually want to pay more

    Whole Foods Market is encountering a peculiar wave of opposition as it looks to expand growth opportunities in a new target market in California.

    A petition is circulating in the Silver Lake area of Los Angeles area to get Whole Foods Market's planned "365" value format converted into a traditional Whole Foods Market store.

  • Report: Kmart makes holiday purchases easier

    Hoffman Estates, Ill. – Kmart is making getting an advance jump on holiday purchases a little easier this year.

    Company executives told Reuters the retailer started letting customers make no-down-payment layaway purchases for holiday items the week of Aug. 31.

  • H&M has big plans for new brand in U.S.

    Fast-fashion giant H&M is expanding its upscale store brand, Cos, in the United States.

  • Off-price retailer remembers 9/11 and city with mural

    New York -- The storefront of Century 21 Department Stores’ flagship in lower Manhattan has been given a stunning makeover to honor the city and in remembrance of the 9/11 terrorist attack.

    The off-price retailer has partnered once again with internally famous street artist Thierry Guetta (commonly referred to as Mr. Brainwash), who has painted a vibrant mural on a 65-sq.-ft. by 225-sq.-ft. wall on the flagship’s façade. The store is in the financial district and close to where the World Trade Center once stood.   

  • New honor for Container Store chief

    Kip Tindell, co-founder, chairman and CEO of The Container Store, has joined a global list of who’s who in retailing.

  • Report: Amazon Prime Day impacts back-to-school

    Chicago – The introduction of Amazon Prime Day on July 15 created a new mid-summer e-commerce event that had a profound impact on back-to-school shopping.

    According to a new study from Market Track, Prime Day and the resulting widespread competitive response created a brand new shopping event only two weeks before the peak back-to-school shopping period.

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