Walmart Allows Cash Payment for Online Purchases
Walmart introduces a cash payment option for online orders placed on Walmart.com. Shoppers can pay with cash at any of the 3,800 U.S. stores, marking the first major retailer to offer online buying without bank accounts or cards. The Bentonville based chain aims to serve customers without access to financial services. only about 15 percent of Walmart transactions use a credit card. The program tested in select markets over six weeks received positive reception.
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Walmart
Walmart.com
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Wal-Mart Stores Inc
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PepsiCo’s first quarter net income edges lower
PepsiCo reports a slight drop in Q1 net income as it raises prices to offset higher ingredient costs. The firm, which owns Tropicana Quaker Oats and Lay’s, faces pressure to maintain margins while avoiding lost market share to Coca-Cola in the U S. A 5.5 percent price hike is noted as a response to rising costs.
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PepsiCo Inc
PepsiCo
Coca-Cola Co
U.S
Lay’s
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Glitches worsen United's 10 loss
United Airlines posted a 448 million loss in the first quarter as computer problems delayed flights damaged bookings and raised fuel costs. CEO Jeff Smisek apologized to passengers while saying the hiccups are mostly over and the integration should boost profits later.
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United Airlines
United
Jeff Smisek
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