August 10, 2015

The rise of e-commerce has made life increasingly difficult for shopkeepers of every size and shape. The continuing shift to online shopping, and the failure of many retailers to adapt, has pushed many retail chains into bankruptcy. But for retailers in particular, Chapter 11 does not always mean a true reorganization, with inventory sell off, lease terminations and dividend payments to creditors.

August 4, 2015

Petco is preparing for a potential initial public offering or sale that could value the pet supplies retailer at between $4 billion and $5 billion.

April 7, 2015

Walmart is looking to increase its support of community hunger programs with a new "Fight Hunger. Spark Change." campaign this spring. 

April 3, 2015

Christopher & Banks Corp. has hired Epicor to lead its efforts to develop an omnichannel "customer first" strategy.

January 20, 2015

Walmart is hoping to increase the cash in in-store shoppers’ wallets this year by offering a new tax refund service. 

December 5, 2014

A former Walmart and Sears financial executive and a former Federal Reserve bank executive are the newest members of the board at gift card and financial services provider Blackhawk Network Holdings.

December 5, 2014

Meijer is responding to a need from food pantries for nutrition education resources by publishing a cookbook that features recipes using ingredients frequently found in food pantries. 

September 24, 2014

Walmart already offers a prepaid debit card, credit card, check cashing and money transfers, but it’s expanding its financial services to include an exclusive checking account called GoBank, with Green Dot Corp., a prepaid-cards specialist.

September 2, 2014

The Home Depot is the latest major retailer to investigate what looks like a data breach.

June 2, 2014

To date Loblaw has donated more than $1 million and 323,000 pounds of food across Canada during the Extra Helping Food Drive, and is more than halfway to achieving its 2014 goal of $1.8 million and 1.8 million pounds of food.

May 9, 2014

Citi is now offering its checking account customers the ability to use reward points to pay their bills. Citi ThankYou Rewards members can earn ThankYou points across their Citi banking and credit card relationship and use these points to pay virtually any bill online including phone, cable and electricity.

February 24, 2014

MasterCard has unveiled MasterPass in-app payments, enabling consumers to make secure purchases within a mobile app. MasterPass in-app payments eliminate the need to store payment card credentials across numerous mobile apps, providing consumers with a fast and simple payment experience.

February 19, 2014

More Americans this year are expected to put their tax returns in the bank. According to the National Retail Federation (NRF)’s Tax Returns Survey conducted by Prosper Insights & Analytics, 46% of those expecting a refund this year will put their money into savings, up from 44% last year and the highest percent in the survey’s history.

January 17, 2014

The malicious attack on Target which resulted in a massive data breach has spawned a “we’re all in this together” attitude among the nation’s retailers with the National Retail Federation spearheading the charge for common sense consumer protection measures.

August 1, 2013

Less than a year after Walmart International named Lev Khasis to the role of president and CEO of new formats, the former Russian retail executive is heading back to his homeland to lead a financial institution.

July 26, 2013

CIT Group Inc., a leading provider of financing and advisory services to small businesses and middle market companies, has appointed Randall Chesler as president of CIT Bank, its U.S. commercial bank subsidiary.

June 13, 2013

The retail industry is one sector where cash remains king and will continue to be ubiquitous for years to come. Yet despite this, the domain of cash management still remains a major challenge for retailers with cash being expensive to process and secure.

June 13, 2013

The retail industry is one sector where cash remains king and will continue to be ubiquitous for years to come. Yet despite this, the domain of cash management still remains a major challenge for retailers with cash being expensive to process and secure.

April 25, 2013

Beauty brand Revlon posted a net loss during the first quarter, including charges, as net sales rose 2.1% excluding the unfavorable impact of foreign currency fluctuations.

April 4, 2013

Bi-Lo annouced that, through April 30, it will host its fourth annual Paws “Feed the Love” campaign.

April 1, 2013

Virtual Piggy, an online service that allows parents to monitor their children's online shopping behavior, has appointed Iain Herd as global mobile product director.

March 26, 2013

Who needs a bank? Walmart and American Express have added a host of capabilities to the Bluebird financial service product they introduced last year as an alternative to debit and checking accounts.

March 26, 2013

Who needs a bank? Walmart and American Express have added a host of capabilities to the Bluebird financial service product they introduced last year as an alternative to debit and checking accounts.

January 15, 2013

Mozido, a cloud-based, white-label integrated platform of mobile payments, commerce and marketing, has appointed former senior CorFire executives Steve Bacastow and Charlie Wiggs to its management team.