business news in context, analysis with attitude

  • UK retailer Tesco announced that it has begun selling broadband Internet access, saying it is the cheapest service of its kind available and that it was "designed by children so adults can understand it". (This last statement apparently isn’t just hyperbole; the service was designed with the help of parents and students from a local pre-school and elementary school.)

    The company is selling the service both from its website and its 700 units in the UK.

  • Spartan Stores reportedly has begun construction of its first Quick Stop convenience and fuel center in Harrison, Michigan, now scheduled to open next month.

  • The Subway restaurant chain reportedly plans to begin selling Subway-branded food in grocery stores, building on its success in linking the brand to nutritional and dietary concerns.

  • American Express and Costco announced two new co-branded credit cards that reward Costco members with cash rebates for purchases, including rebates for eating out and traveling. The TrueEarnings Card for consumers, which is available now, and the TrueEarnings Business Card, which will be available for small businesses next month, offer three percent cash back for eating out, even for takeout or delivery; two percent cash back for traveling on airline tickets, for hotel stays, car rentals and cruises, including when booking through a travel agency; and one percent cash back on other purchases.

KC's View: