-
Amex launches loyalty program
New York – American Express is launching a new loyalty program called Plenti. The program lets consumers use loyalty points accrued at one participating retailer and use them at another.
Initial participating organizations include AT&T, Exxon, Macy’s, Mobil, Nationwide, Rite Aid, Direct Energy, Enterprise Rent-A-Car and Hulu. The program is expected to include more brands in additional categories over time.
-
Weis Markets net income drops in Q1
Sunbury, Pa. – A reduction in pretax income drove an 11% year-over-year decline in net income at Weis Markets Inc. during the first quarter of fiscal 2015. Net income fell to $13.11 million, from $14.77 million the same quarter a year earlier.
Net sales fared better, rising 4% to $712.43 million, from $687.13 million. Same-store sales rose 3.4%.