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Amazon Expands Same-Day Delivery to New Markets, Drops Price to Free for Orders Over $35
May 29, 2015 at 2:53 pm

Amazon.com says it will expand its same-day delivery service covering around 1 million items to two new markets, San Diego and Tampa, while also reducing the price to free for orders over $35. The company already offers same-day delivery in several regions, including New York, Philadelphia, San Francisco (and the Bay area, including Oakland), Seattle,…

Dollar General Names New CEO
May 29, 2015 at 2:44 pm

Discount retailer Dollar General Stores Inc. said Chief Operating Officer Todd Vasos would replace Rick Dreiling as chief executive, effective June 3. Dreiling, 61, will remain senior adviser and chairman until his retirement on Jan. 29, the company said on Thursday. Vasos was widely expected to be named the company's CEO and his candidature was…

Is Wal-Mart Trying to Brand Itself as Socially Conscious?
May 29, 2015 at 2:35 pm

Wal-Mart has long been a vilified brand, possibly one of the most hated in America. In the last year, however, the retail chain has made several significant moves that may change its brand perception, and some analysts say it's doing so in order to appeal to consumers who value corporate social responsibility. In its latest…

The ‘Unofficial‘ eBay Fee Hike
May 29, 2015 at 2:28 pm

eBay is "unofficially" increasing fees on May 31 when the USPS raises rates for certain services. That's because eBay charges a commission fee on the shipping and handling portion of transactions. Ever since eBay instituted a commission fee on shipping in July 2011, sellers have criticized the policy. And every time FedEx, UPS and the…

99 Cents Only Names Interim CEO
May 28, 2015 at 3:16 pm

99 Cents Only Stores said Wednesday it has named Andrew Giancamilli, chairman of the board, as interim president and CEO following the resignation of Stephane Gonthier. The Los Angeles-based company didn't give a reason for Gonthier’s departure. Gonthier joined 99 Cents Only as president and CEO in September 2013 after working in various divisions of…

Google and Apple Adjust Strategies on Mobile Payments
May 28, 2015 at 3:04 pm

The battle for mobile software dominance revolves around two companies: Apple and Google. Now both giants are also going head-to-head in mobile payments as they prepare to push deeper into digital wallets. Google is set to unveil plans at its annual developer conference today for an overhaul of its mobile payment products, according to three…

Tracy Morgan Settles Suit With Wal-Mart Over Fatal Crash
May 28, 2015 at 2:56 pm

Actor-comedian Tracy Morgan has settled his lawsuit against Wal-Mart over a highway crash that killed one man and left Morgan and two friends seriously injured. Morgan's lawyer, Benedict Morelli, said he and Wal-Mart worked diligently to reach the settlement for the plaintiffs and their families. "Wal-Mart took full responsibility for the accident, which we greatly…

Amazon to Hire 6,000 Full-Time Warehouse Workers
May 28, 2015 at 2:50 pm

Amazon.com is hiring 6,000 full-time workers across its more than 50 distribution centers in the U.S. The workers will pick, pack and ship products to fulfill customer orders. Currently, Amazon has about 50,000 full-time workers at the centers. Amazon has been opening distribution centers across the country to speed up delivery times. Its $99 annual…

Nordstrom Sells Credit Card Portfolio to Canadian Bank
May 27, 2015 at 3:53 pm

Nordstrom agreed to sell some $2.2 billion in credit card receivables to Toronto-based TD Bank Group, which will also have the exclusive right to issue its branded Visa and private-label credit cards in the U.S. For customers, little, if anything, should change, as the Seattle retailer will still manage customer service for the cards. For…