Gap Inc reported its sales results for the month of March. The retailer saw a decline in March sales, which pushed the shares down around 10%.
Long reluctance to e-commerce have delayed Costco operation to fully utilize the power of Internet retail. However, it seems the company has to start further the initiative as slow growth in Q2.
As Costco will replace its credit card from Amex to Citigroup, a new leader credit card will emerge. Chase will take over the throne of sales volume from Amex.
Costco is one among the best places to buy every single men's underwear and accessories including belts, socks and undershirts. Men's Outdoor Trail Sock that carries the Kirkland Signature is one among the best quality in men's sockdom and a four-pack of the trail socks costs just $12.
Starbucks, Walmart and dozen chain stores recalled their food product due to E. Coli contamination linked to Costco chicken sandwich case last month.
McDonald's Corp's decision last week to phase out human antibiotics from its U.S. chicken supply will add to costs of production in a tight-margin business that are likely to be borne mostly by poultry companies.
Warehouse club Costco Wholesale Corp (COST.O) has chosen Citigroup Inc (C.N) and Visa Inc (V.N) to run its co-branded credit card starting next year, replacing American Express Co (AXP.N), which lost the coveted tie-up last month.
U.S. banks are finding that "co-branded" credit cards they offer with retailers, airlines, hotels and other consumer companies are increasingly a lousy business, one not likely to get better soon, industry executives said.
Auburn, US-based disaster-proof hardware maker ioSafe Inc landed $2.5 million in funding to expand its indestructible external hard drives into network attached storage market for safer data storage.
Montreal, Canada-based tech startup FixMeStick launched a crowdfunding campaign on Kicstarter to raise $50,000 to get its virus-fighting USB stick into major retailers in the US.
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