Business News

55% of American Households

Macy's has been testing mobile checkout. The platform allows shoppers to scan bar codes with their phones, as they shop. Discounts and rewards will be applied, via a shopper's loyalty account. (CNBC)

Bend has the last Blockbuster video store outside of Alaska. There are four stores in Alaska. Blockbuster once had more than 9,000 US locations.  In 2011, Blockbuster became part of DISH network. (AP)

Digiday found that just 20% of retailers advertise on Amazon, none of which are spending more than 50 percent of their marketing budget on Amazon. 27% say they plan to advertise on Amazon in the coming year.

USDA data showed importers are buying US corn at the fastest rate since the mid-1990s, as tightening stocks in Latin America prompt a rush to purchase cargoes of the grain from animal feeders worldwide. Net export sales of corn totaled 2.6 million metric tons in the week ended March 8, up 35% from the previous week.

55% of American households subscribe to at least one video streaming service, spending $2.1 billion a month. The average streaming customer has already subscribed to three services. (CNBC)

Long-time Bend businessman and owner of the Bend north Subway, Jeff Moore, passed on Sunday.  He was a graduate of Bend Senior High class of 1980.

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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