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...
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...
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...
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...
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...
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...
Danish startup AllUnite, which lets retailers offers ad-supported free Wi-Fi in their stores, plans to add 50 new markets in 50 weeks with its €3 million ($3.76 million) in new funding, TechCrunch reported. The Series A round, which was led by European VC firm Northzone...
All merchants know the holiday shopping season is their bread and butter, but prepping for holidays brings along high product investment costs. PayPal and Square want make the loan process easier for its customers, Bloomberg reported. For merchants already using PayPal to process payments, using the...
As a company that went public just a few months ago, Alibaba continued to show its strength when it shattered sales records on Nov. 11 with Singles’ Day sales of $9.34 billion. But that’s not enough to make Alibaba Founder and Chairman Jack Ma happy,...
