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Walmart stores offering walk-in bill-payment service

BY CSA STAFF

Brookfield, Wis. Fiserv announced that Wal-Mart Stores has implemented the CheckFreePay service from Fiserv, enabling customers to pay bills in person at all Walmart locations in the United States.

The CheckFreePay service gives customers the ability to pay bills from more than 2,500 companies, including utilities. Payments can be made at the Walmart MoneyCenter or customer-service desk using cash or a pin-based debit card. Standard payments are delivered to the biller within three business days, and NextDay payments are delivered to the biller on the next business day. A receipt is provided as assurance of payment.

“Walmart is continually searching for new ways to save our customers money and improve their daily lives,” said Jane Thompson, president of Walmart Financial Services. “Already, customers look to our stores as a place to make everyday purchases at low prices. Offering our customers the convenience of walk-in bill payments at Walmart helps them simplify the management of their day-to-day finances.”

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Michaels returns to profit in Q2

BY CSA STAFF

IRVING, Tex, Michaels Stores reported net income for the quarter ended Aug. 1 of $2 million compared with a $30 million loss for the quarter ended Aug. 2, 2008.

Net sales for the quarter ended Aug. 1 were $807 million, a 1.4% increase over last year’s net sales of $796 million. Same-store sales for the quarter declined 0.8%. According to Michael’s, this was due to a 7% decrease in average ticket and a 6.2% increase in transactions.

 

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Finish Line establishes e-commerce div. and new president

BY CSA STAFF

INDIANAPOLIS, Minn. Finish Line announced that it has established a division to focus exclusively on its growing e-commerce channel. The new e-commerce division will be headed by Donald Courtney, who has been named president, e-commerce, effective immediately, reporting to Finish Line CEO Glenn Lyon. Before being appointed to this new post, Courtney was CEO/EVP of information systems and distribution, a position he has held since 2003.

The new division unites the Finish Line e-commerce advertising, design and content team, which was based in the marketing department, with the technology and operations team that was formerly part of the information systems group. Among other focus areas, the new e-commerce division will enhance FinishLine.com to enrich the customer experience and continue to expand its sales and profitability contribution.

“We increased online sales by 14% in the first quarter and look forward to building on that growth by establishing a focused e-commerce division that integrates content with technology under the guidance of Don Courtney, an experienced and proven leader. Don built our technologically advanced distribution and information systems infrastructure, and we are confident he is the right leader to take our e-commerce business to the next level as well,” said Finish Line CEO Lyon.

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