close video 'Walmart is the way of the future': Former Toys 'R' Us CEO Former Toys 'R' Us CEO Gerald Storch on Walmart's subscription launch and the future of retail. Shop a lot at Walmart? A new credit card with a digital-first approach could be giving you money back on purchases plus other rewards. Continue Reading Below The retail giant partnered with Capital One for two new cards, the Walmart Rewards Card that’s exclusively for purchases at Walmart and the co-branded Capital One Walmart Rewards Mastercard. The rewards Mastercard comes with a number of perks, including 5 percent back on purchases from Walmart’s website and on in-store purchases when using Walmart Pay for the first year after approval — after that first year, the card will pay 2 percent back on in-store purchases. The card also pays 2 percent back on restaurants and travel and 1 percent back everywhere else. MORE FROM FOXBUSINESS.COM WALMART: WHAT TO KNOW ABOUT THE … [Read more...] about Walmart launches new Capital One rewards card. What to know
Pay toys r us credit card
By Peter Rudegeair WSJ AnnaMaria Andriotis WSJ Fri., April 19, 2019 Venmo’s latest gambit to profit off its massive but still-not-lucrative user base involves a decidedly old-school idea: credit cards. Executives at the digital payments company have been meeting with banks since late last year to discuss issuing a Venmo-branded credit card, people familiar with the matter said. The company, owned by PayPal Holdings Inc., is close to selecting Synchrony Financial as its credit-card issuer and is hoping to announce the card this year, one of the people said. Rewards and other potential features of the planned card are still being discussed, the people said. Venmo, which offers a mobile money-transfer app, is the latest technology company to explore entering the credit-card business as a way to boost revenue and consumer engagement. Companies such as PayPal, once considered a competitor to card networks and banks, are increasingly joining with them instead. … [Read more...] about Venmo’s Latest Effort to Turn a Profit: Credit Cards
By Jade Scipioni Published February 20, 2019 Bankruptcy FOXBusiness Facebook Twitter Comments Print video Payless to close all remaining stores: Report FOX Business’ Susan Li reports on discount retailer Payless shoes who is expected to file for bankruptcy. Days after filing for Chapter 11 bankruptcy protection and announcing it’s liquidating all operations in North America by May, Payless ShoeSource said on Wednesday, it will still honor gift cards and store credits for the next two weeks. Continue Reading Below The embattled Topeka, Kansas-based company said customers will have until March 11 to use their credits and it will allow returns and exchanges of non-final sales items through the end of the month for goods bought before Feb. 17. MORE FROM FOX BUSINESS MORE RETAIL BANKRUPTCIES LIKELY COMING IN 2019, TOP MALL CEO WARNS 7 OF THE BIGGEST US CORPORATE BANKRUPTCIES OF ALL TIME GYMBOREE TO FILE FOR … [Read more...] about Have a Payless gift card or credit? You only have a few weeks left to use it
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NEW YORK, Jan 16 (Reuters) - Sterling Jewelers Inc, whose brands include Kay Jewelers and Jared, agreed to pay $11 million in fines to settle charges by U.S. and New York regulators that it signed up consumers for store credit cards and credit insurance without permission.The settlement announced on Wednesday calls for Sterling, a unit of Signet Jewelers Ltd, to pay $10 million to the U.S. Consumer Financial Protection Bureau and $1 million to the office of New York Attorney General Letitia James.Sterling did not admit or deny wrongdoing.James said Sterling pressured employees to enroll customers in store-branded credit cards by setting quotas, and tying performance reviews and pay to whether the quotas were met. RELATED: Take a look at retailers that filed for bankruptcy in 2018: 17 PHOTOS Every retailer who filed for bankruptcy in 2018 See Gallery Every retailer who filed for bankruptcy in 2018 A'gaci Women's apparel and accessories retailer A'Gaci filed for Chapter … [Read more...] about Jewelry giant to pay $11M settlement for alleged fraud