Content about American Express

WASHINGTON — The National Retail Federation is hoping to dispel fears that merchants are expected to surcharge customers for using a credit card as theoretically allowed under a controversial proposed lawsuit settlement with Visa and MasterCard being debated in the courts.

WASHINGTON — The NRF Foundation and American Express announced the winners of their fifth annual Aspire2Retail Intercollegiate Challenge. Each student will receive an educational scholarship worth $2,500.

The contest is designed to increase understanding of diverse career paths in retail by engaging university students in a competitive, collaborative roleplay that involves implementing a multi-tiered business strategy.

A funny thing happened on the way to the department store: luxury goods became accessible to consumers online and at increasingly deeply discounted prices. Thanks to a spate of discount websites offering “flash sales” or exclusive, limited-time offerings, the flash sale phenomenon has revolutionized the way consumers shop, offering an entry into the luxury market at a fraction of the price.  

Walmart added its sizable voice to the growing ranks of those opposed to a settlement regarding transaction fees charged by Visa and MasterCard.

NEW YORK — Office Depot has teamed up with American Express to launch a prepaid reloadable card with no monthly or maintenance fees, will soon be available in retail at select Office Depot stores. The card will roll out in more than 1,100 stores across the United States in the coming weeks.

NEW YORK — McDonald’s, Whole Foods Market and Best Buy are among the retailers participating in a new American Express program that allows shoppers to load discounts onto their American Express cards via Twitter.

NEW YORK — American Express has announced the launch of the American Express for Target card, a reloadable prepaid card with no monthly or maintenance fees, available exclusively at more than 1,000 U.S. Target stores. 

NEW YORK — Consumers are spending more, but doing so in fewer transactions, according to American Express Business Insights’ most recent Business Insights Spend Sights report.

The study, which examines spending patterns across several key categories, U.S. cities and demographic groups, finds that while economic uncertainty continues to dampen overall consumer confidence, a new pattern of less frequent but measurable splurging has become evident among a range of customer groups in several categories.

NEW YORK — Good customer service sells, according to a new study conducted by American Express.

DEERFIELD, Ill. — Walgreens on Friday announced that Hal Rosenbluth will retire as president of its health-and-wellness division in April, but will continue with the company as a senior consultant to the CEO for healthcare services.

Rosenbluth was a co-founder of Take Care Health Systems, which was acquired by Walgreens in 2007. Prior to that, he led Rosenbluth International, a global travel management company, which he sold to American Express in 2003.

The age old question of what to get the person who has everything has finally been answered, and a Walmart gift card appears to be the ultimate solution for the perplexed gift-giver. That’s according to the gift card exchange website www.giftcardrescue.com and survey involving 6,000 people who created gift card wish lists on its site since the beginning of the year.