Retail

Staples Strengthens Relationship With Apple
November 20, 2014

Staples made it clear during Wednesday’s (Nov. 19) earnings call that it’s committed to Apple and everything that comes with it — which includes Apple Pay. “We’ve strengthened our relationship with Apple and we’re excited to have iPads and iPhones at retail for the upcoming...

News
Target Sees First Profit Boost Since Data Breach
November 20, 2014

Target continues to pay for its massive data breach that occurred during last year’s fourth quarter, but it appears the retailer has nearly recovered from most of the issues stemming from the breach as this year’s third-quarter earnings beat analysts and company expectations for both...

Loyalty & Rewards
Consumers To Beacons: We’re Just Not That Into You.
November 20, 2014

There’s always something to fuel the competition between Samsung and Apple. This time it’s not a debate over devices as much as it is what that device can enable — and specifically one technology: beacons. Samsung’s recently announced that it was launching its own beacon...

Loyalty & Rewards
BJ’s Rewards Cards Debut On-Demand Checkout Redemption
November 20, 2014

Membership retailer BJ’s Wholesale Club is rolling out a co-branded credit card with rewards that its members can redeem on-demand when checking out at BJ’s stores, the company announced on Wednesday (Nov. 19). The on-demand redemption feature, which lets cardholders spend their rewards in $20...

Mobile Commerce
Holiday Online Spending To Jump 16% To $61B
November 20, 2014

Americans will spend $61 billion on retail ecommerce for the holidays this year, up 16 percent from the same period in 2013, Chain Store Age reported. Online buying using desktop computers will represent the vast majority of that spending, reaching $53.2 billion, according to comScore’s...

News
Staples Confirms Malware Caused POS Breach
November 19, 2014

Staples has confirmed that tue retail payment systems at some of its stores were breached this summer, Bank Info Security reported on Tuesday (Nov. 18). The office supply chain said last month that it was investigating a suspected breach, after reports of payment card fraud...

News
Square Adds Gift Cards To Its Mix
November 19, 2014

Square is getting back into the gift card business this holiday season — but this time, the mobile payments service is selling physical cards to its retailers, according to TechCrunch. Square announced on Tuesday (Nov. 18) that merchants using its Square Register will be able...

More Data Breaches Expected This Holiday Season
November 19, 2014

Retailers are still trying to regain their footing from last year’s massive data breaches. But as stores like Target and Neiman Marcus finally stabilize for the holidays, experts say ‘tis the season for more – and more sophisticated – big hacks. Cybersecurity firm Dispersive Technologies...

TjX Online Fails To Impress
November 19, 2014

T.J. Maxx has finally jumped back on the e-commerce bandwagon, but the investor excitement in parent company TJX that the endeavor has brought will likely be cooled by the company’s latest earnings report. TJX, which also owns Marshalls and HomeGoods, released its third quarter earnings...