Data & Analytics

New York -- The online checkout space keeps getting more crowded.

American Express on Thursday launched Amex Express Checkout, an alternative online payment method that its U.S. card members can use to check out and pay on partnering websites and apps. Unlike other online payments tools currently in the marketplace, Amex Express Checkout does not require a card member to create or manage a new account.

Burlington, Ontario -- Ikea Canada announced the national rollout of electric vehicle charging stations at each of its 12 stores across Canada.  

The rollout, set to be completed by late August of this year, is the first national installation of EV charging stations in Canada by a retailer at all of its locations.

New York -- Every retailer needs a good CFO and that’s especially true at Conn’s where the company’s business model requires balancing the need to grow sales against the charge off risk associated with extending credit to subprime customers.

Conn’s, the 90-store retailer of furniture, bedding, appliances and consumer electronics, named Thomas Moran CFO on July 9. He replaces Mark Haley, Conn’s chief accounting officer, who had filled the position on an interim basis since last December.

Every retailer needs a good CFO and that’s especially true at Conn’s where the company’s business model requires balancing the need to grow sales against the charge off risk associated with extending credit to subprime customers.

Headwinds from fuel price fluctuations and currency exchange rates lessened for Costco in June as the retailer posted a bump in same store sales.

The warehouse club reported net sales of $11.01 billion for the month of June, the five weeks ended July 5, an increase of 1% from $10.88 billion during the similar period last year. Same store sales, excluding the negative impacts from gasoline price deflation and foreign exchange, were 6%. 

The man who ran European drugstore chain Alliance Boots before its merger last year with Walgreens has agreed to become the top executive of the combined company.

3D printing solutions provider 3DLT has added the former head of global merchandising for Staples to its board of directors.

Albertsons completed its acquisition of Safeway earlier this year to create a $57.5 billion company that now plans to return to public ownership with a major stock offering with implications for trading partners and competitors.