PYMNTS-MonitorEdge-May-2024

Costco

Amazon Uses Next-Day Delivery to Win the Hearts of Valentine’s Day Shoppers
Amazon Uses Next-Day Delivery to Win the Hearts of Valentine’s Day Shoppers
February 07, 2024  |  eCommerce

As eCommerce merchants compete to secure couples’ Valentine’s Day spending, Amazon introduced a new option targeting last-minute gifting occasions. The retail giant shared via email...

READ MORE >
Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
Costco Tests Pre-Entry Membership Verification as Consumers Seek More Deals
January 18, 2024  |  Authentication

With more consumers looking to find bargains on groceries, Costco is trying a new, more prohibitive membership verification process. The warehouse club giant is testing...

READ MORE >
Costco Says Its Bargains Continue to Lure Consumers to Shop
Costco Says Its Bargains Continue to Lure Consumers to Shop
December 14, 2023  |  Earnings

When it comes to consumers and their buying habits, Costco said its deals are drawing bargain-hunting customers to its aisles.  “We’re looking at the consumer...

READ MORE >
Costco COO Ron Vachris Named CEO as Craig Jelinek to Step Down
Costco COO Ron Vachris Named CEO as Craig Jelinek to Step Down
October 18, 2023  |  Personnel

Costco Wholesale has announced that CEO Craig Jelinek will be stepping down on Jan. 1, 2024, after more than a decade at the helm of...

READ MORE >
Amazon Lowers Grocery Delivery Threshold as Retailers Tinker With Fees
Amazon Lowers Grocery Delivery Threshold as Retailers Tinker With Fees
October 06, 2023  |  eCommerce

As major retailers struggle to strike the balance between winning grocery delivery customers from competitors and boosting margins per order, Amazon continues to adjust its...

READ MORE >
Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
Citi Launches BNPL Option for Costco Anywhere Visa Cardholders
October 03, 2023  |  Buy Now Pay Later

Citi announced that Costco Anywhere Visa cardmembers can now access its buy now, pay later (BNPL) option, Citi Flex Pay, to pay for purchases. The...

READ MORE >
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
September 27, 2023  |  Retail

Costco has built its reputation on value-based bulk deals, and it’s an offering that keeps shoppers flocking to its stores.  This deep-seated sentiment is confirmed...

READ MORE >
Costco Teams With Sesame to Offer Shoppers Health Visits
Costco Teams With Sesame to Offer Shoppers Health Visits
September 25, 2023  |  Partnerships

Costco is offering members medical care via a partnership with online health marketplace Sesame. The deal comes as several retailers expand their healthcare offerings. According...

READ MORE >
Hallmark Lets Consumers Venmo Gift Cards as DoorDash and Costco Up Digital Too
Hallmark Lets Consumers Venmo Gift Cards as DoorDash and Costco Up Digital Too
September 13, 2023  |  Retail

In today’s fast-paced world, gift-giving has become a convenient and versatile practice. Among the many options available, gift cards have emerged as the go-to choice...

READ MORE >