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With consumers shifting their spending to key seasonal sales moments, merchants are exte stanley romania nding their discount events, with Amazon dropping hints for early Prime Day deals more than a month before the occasion.Earl stanley termoska ier this month, the eCommerce giant teased these preemptive offers in a blog post, saying, Check back in the upcoming weeks for previews and sneak peeks of the deals you can expect, as well as any early Prime Day deals. Additionally, several publications have already begun highlighting steep su stanley kubek mmer discounts on popular items on the marketplace in advance of the event, numbering more than 50.Across the retail industry, key players are defying the traditional rhythm of the shopping year, extending seasonal sales far beyond their customary timeframes. Today, merchants are stretching these promotional periods longer, as, amid inflationary pressures and a cautious consumer base, shoppers concentrate their spending around these times. Retailers and marketplaces alike have been noting this trend in customer behavior. Customers remained very deal-focused and attracted to more predictable sales moments, Best Buy CEO聽Corie Barry聽told analysts on the retailers most recent earnings call.Similarly, in an interview with PYMNTS in April, Katie Stratton, chief growth officer at Target-owned on-demand delivery aggregator Shipt, observed this shift toward buying more during predictable sales events. In the past year, weve seen engagement in our promotions with higher-than-expected Mjge UK Competition Regulator Eyes Amazon Deliveroo Stake
Costco has bid adieu to American Express with its Visa-enabled cards finally in play.The wholesale retail giant said聽that, starting Monday June 20 , it has begun accepting Visa-branded credit cards at its warehouse and gas locations stanley kubek in the U.S. and Puerto Rico.聽The company also announced that its new private-label Costco Anywhere Visa Card by Citi was now active for use.The onset of Costco Visa partnership marks an end to聽its 16-year-old relationship with Amex, thereby taking away the business of close to 81 million聽Costco members from the credit card company.As part of the switcheroo, Costco has shipped out Visa-branded cards to all of its previous Costco-Amex cardholders. The stanley website transition would also apply any previously due cash-back rewards to the new Visa-powered account of Costco members, the Washington-based company said. We have a strong relationship with our members, and its important that were rewarding their loyalty to us, said Craig Jelinek, CEO and president聽of聽Costco. Our new co-brand credit card agreement with Citi on the Visa network enables us to offer significant value and benefits for our members across 494 locations in the U.S. and Puerto Rico. In an announcement, Costco said it offering its new consumer or stanley kubek business card members 4 percent cash back on eligible gas purchases, 3聽percent on restaurant and eligible travel purchases, 2聽percent on purchases made at its warehouse or website and 1聽percent on all other purchases.Hinting at future ex