PYMNTS-MonitorEdge-May-2024

Costco

Behind BJ’s Digital Double Down
Behind BJ’s Digital Double Down
February 15, 2018  |  Retail

Headquartered in Westborough, Massachusetts, BJ’s Wholesale Club doesn’t always attract the same level of interest as its larger counterparts at Costco or Sam’s Club — mostly because those...

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Joymode Turns Movie Nights, Camping Trips Into Subscriptions
Joymode Turns Movie Nights, Camping Trips Into Subscriptions
February 14, 2018  |  Retail

It’s no secret: Millennials are saddled with student loan debt, and they’re facing more expensive rent. But they also love experiences. They want to camp,...

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Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store
Boxed And Costco Have Their Roots In A 1970s New Jersey A&P Store
February 06, 2018  |  Retail

In the 1970s, the venerable The Great Atlantic & Pacific Tea Company (A&P) was losing market share. While Safeway expanded in the West and enjoyed...

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Executive Departs Boxed Amid Sales Talks
Executive Departs Boxed Amid Sales Talks
February 02, 2018  |  Retail

As warehouse club-like eCommerce startup Boxed talks with potential buyers, the executive behind its fastest-growing business segment has left the firm. Behzad Soltani, who led...

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Is Amazon’s Next Target Warehouse Clubs?
Is Amazon’s Next Target Warehouse Clubs?
January 26, 2018  |  Amazon Acquisitions

Amazon is reportedly eyeing Boxed.com as an acquisition target, with Jeff Bezos inviting the company’s founder and CEO, Chieh Huang, to Amazon’s headquarters this week....

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Costco’s December Sales Spike
Costco’s December Sales Spike
January 08, 2018  |  Retail

Costco had a very merry holiday season, with net sales up to $14.94 billion for the five-week period that ended Dec. 31. — a 14.3 percent increase...

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Joy To The World Edition: Bitcoin, Walmart And The Magic Of Movies
Joy To The World Edition: Bitcoin, Walmart And The Magic Of Movies
December 18, 2017  |  Data Dive

The final countdown to Christmas has begun – and in exactly one week, the counter officially will be at zero. The prepared have been finished...

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Costco Rolls The Movies With MoviePass And Fandor
Costco Rolls The Movies With MoviePass And Fandor
December 12, 2017  |  Retail

Movie theater subscription service MoviePass and Fandor, an independent film and documentary streaming service, will be promoting a limited-time option in conjunction with bulk retailer...

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Costco’s November ‘Month For The Ages’
Costco’s November ‘Month For The Ages’
December 01, 2017  |  Retail

Brick-and-mortar bulk retailer Costco Wholesale is reporting double-digit growth for the month of November, marking the 14th month in a row of increased sales, according to...

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