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Delinquency rates creep up at Conn's
Despite posting a sales increase in July, Conn's says nearly 10% of its customers are not paying their bills.
"Greater than 60-day delinquency was 9.2% as of July 31, 2015 compared to 8.7% as of July 31, 2014. Greater than 60-day delinquency as of July 31, 2015 increased seasonally compared to the June 30, 2015 rate of 8.9%," said Theodore M. Wright, Conn’s chairman and chief executive officer.
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Robot army to power new same-day delivery service
New York -- The founder of the now defunct same-day delivery service Webvan is back — this time with a robot-powered would-be competitor to Amazon Prime, reports ReCode.
Louis Borders is developing a $99 shopping club that plans to offer same-day delivery of groceries and other merchandise from participating retailers. But it’s the back-end of the operation that is so interesting.

