Sam’s Club Locations to Accept American Express Cards

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American Express (AXP) Investors 'Sell' Costco, 'Yawn' Sam's Club

September 10, 2015 11:53 AM EDT

Traders are taking note that American Express (NYSE: AXP) stock was creamed when it was announced earlier this year that it lost Costco (NASDAQ: COST), but the stock has done literally nothing today amid news that... More

American Express (AXP) Announces Agreement with Sam's Club

September 10, 2015 8:03 AM EDT

American Express (NYSE: AXP) today announced that Sams Club, the eighth largest U.S. retailer and a leading membership warehouse club for small businesses and consumers, will accept American Express cards as a form of payment starting October 1, 2015. The acceptance of American Express throughout the more than 650 Sams Club locations in the U.S. and Puerto Rico will provide Card Members with access to high quality-products, brands and services at a great value.

Notably, the deal follows the ending of a deal with Costco (NASDAQ:... More