December 16, 2014

The top holiday purchase items this year range from the less personal to the very personal. 

December 11, 2014

A decline in the price of gasoline may be leading to a larger haul for many many people on Christmas morning. 

December 4, 2014

Pacific Sunwear of California Inc. reported a $469,000 net loss in the third quarter of fiscal 2014, compared to net earnings of $17.7 million the same period the prior year.

November 20, 2014

Seven in 10 (71%) consumers intend to purchase at least one gift card  from an online website or mobile website/app during the upcoming holiday season, while 74% will buy at least one digital gift card. 

November 19, 2014

BJ's Wholesale Club’s Mastercard program ups the ante in the wholesale club credit card category. The new My BJ's Perks MasterCard will offer members 10 cents off per gallon of BJ's gas, up to 5% back on purchases in-club and at BJs.com, 2% back on eating out and non-BJ's gas purchases, and 1% back on purchases made everywhere else MasterCard is accepted. 

November 13, 2014

During the 2014 holiday season, spending on tiny plastic or digital gift cards will top all previous records.

November 5, 2014

Six in 10 (59%) gift cards are now offered electronically, up 18 percentage points from 2010. According to a new Bankrate.com study, part of the reason may be that Millennials are more than twice as likely to lose traditional plastic gift cards than older adults.

November 3, 2014

 A man and a woman have been charged with making more than $3 million in fraudulent charges on Home Depot Canada credit cards between 2011 and 2014.

October 31, 2014

Big & tall men's apparel retailer Destination XL Group announced that it has increased its existing asset-based revolving line of credit with Bank of America, N.A. by $25 million to $125 million. 

October 21, 2014
New York -- Using smartphones and tablets to shop for the holidays has grown by 53% since 2012, and is expected to play a big role in decision making and actual purchases this year, according to the American Express Spending & Saver Tracker. The report finds the average American consumer is back to holiday spending at 2012 levels, and will plan to shell out $842 this year (vs. $1,260 in 2013 and $848 in 2012).   Consumers saying they will use their gadgets to:
October 20, 2014

Mattress Firm Holding Corp. has completed its $245 million acquisition of West Coast bedding specialty retailer The Sleep Train Inc.

October 17, 2014

At least 47% of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015, according to the Payments Security Task Force (PST).

October 3, 2014

RadioShack Corp. has agreed to a financing packaging arranged by its biggest investor, hedge fund Standard General, that would help ease the retailer’s cash crunch as it heads into the holiday selling season, The Wall Street Journal reported.

September 29, 2014

A group of U.K. retailers led by W.M. Morrison Supermarkets plc is reportedly seeking to extend the time period for which it can claim antitrust damages against MasterCard from 2006 to 1992.

September 24, 2014

Wal-Mart Stores is moving deeper into financial services. The retailer is launching an exclusive checking account product, called GoBank, with Green Dot Corp., a prepaid-cards specialist that has a subsidiary bank.

September 22, 2014

Beleaguered consumer electronics chain RadioShack Corp. said is in talks with an unidentified “major vendor” about modifying a commercial agreement in a way that could benefit a financial restructuring.

September 18, 2014

Costco Wholesale Corp will stop accepting American Express cards at its stores in Canada, effective January 1, 2015.

September 5, 2014

In the September 2014 issue of Chain Store Age is featured the first-ever “power brokers” listing, a lineup of 15 national retail real estate heavyweights selected by the CSA staff from hundreds of nominations.

August 27, 2014

MarketLive is integrating Visa Checkout directly into its e-commerce platform. Visa Checkout is a new way to pay online, on any device, with a few clicks.

August 18, 2014

Activist hedge fund Jana Partners revealed on Monday that it received an anonymous package detailing a PetSmart presentation around improving results over the next two quarters.

August 18, 2014

Mall owner Simon and payment solution-provider Blackhawk Network have teamed up to offer an enhanced Visa Simon Giftcard at select Simon malls, Premium Outlets and Mills, and online at Simongiftcard.com.

August 11, 2014

The latest SpendingPulse report from MasterCard showed that U.S. retail sales rose 4.6% year-over-year in July, the largest year-over-year gain since October 2012.

August 7, 2014

Bindo, a retail technology company, is launching a mobile Europay, MasterCard, Visa (EMV)-compliant credit card reader for its cloud-based iPad point-of-sale (POS) system.

August 7, 2014

Any retailer that takes payments at the point-of-sale in a brick-and-mortar store will most likely recognize the term EMV, which stands for Europay, MasterCard and Visa.