Content about Economy of New York City

May 8, 2013
Elavon names former Citibank exec CEO

Elavon, a leading global payments provider and wholly owned subsidiary of U.S. Bancorp, has promoted Simon Haslam to the position of president and CEO. Haslam succeeds Mike Passilla, who recently departed the company.

February 19, 2013
Capital One sells Best Buy credit card business to Citi

Capital One Financial Corp.has reached an agreement to sell the portfolio of Best Buy private label and co-branded credit card accounts, with current loan balances of approximately $7 billion, to Citi.

January 4, 2013
NRF, Amex name winners of retail challenge

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.

November 14, 2012
OfficeMax offers new credit option

A new relationship with Citi Retail Services gives OfficeMax another benefit to tout when serving small business customers.

October 2, 2012
Holiday digital sales to grow at least 20%

Research released Monday by Citigroup and published by Wall Street Journal’s MarketWatch found that digital sales for the holiday 2012 shopping season are expected to increase at least 20%, thanks to two additional shopping days and amped-up retail marketing efforts.

September 7, 2012
Simon puts comps, other initiatives in perspective

Walmart U.S. president and CEO Bill Simon was feeling pretty good earlier this week as he reeled off accomplishments and emerging opportunities during a presentation at a Goldman Sachs retail conference.

August 30, 2012
Simon to speak at Goldman Sachs event

Everyone who is anyone will be on hand in New York next week for the nineteenth annual Goldman Sachs Global Retailing Conference so its not surprising that Walmart U.S. president and CEO Bill Simon will be in attendance.

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