FierceRetailIT Executive Editor Laura Heller recently had the opportunity to moderate a panel discussion at CE Week in New York. The topic was the Future of Retail—a big, broad subject, to be sure—but technology was the single unifying force shaping our industry's future.
A new breed of point-of-sale malware, called GamaPoS, is spreading across the United States and Canada through the Andromeda botnet. In a first for such threats, GamaPoS uses malware coded using the .NET framework.
GamaPoS, like many recent threats, scrapes off credit card data from point-of-sale systems,Trend Micro reported last week in its TrendLabs Security Intelligence blog. Story
Is it Black Friday in July or just a red Wednesday? Following Amazon's Prime Day promotion, major retailers like Walmart and Target have joined the competitive fray with their own e-commerce deals, along with other significant players like Best Buy and Groupon. But the question is: to what end? Amazon has a clear goal of boosting Prime membership and Walmart, which has launched shipping initiatives to compete with Amazon Prime, has an incentive to show it is in the game. Story
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Target recently opened a state of the art Cyber Fusion Center to protect customer data from online threats. It is part of the $1 billion investment the retailer is making in technology and supply chain this year.
To provide merchandise intelligence across its organization and speed items to shelves and its online storefront, Marbles: The Brain Store has started including product data in its product information management platform.
CVS, Costco and Walmart Canada are among a half-dozen major retailers investigating a data breach at Canadian vendor PNI Digital Media and are temporarily shutting down their online photo processing websites.
Throughout Amazon's first Prime Day, news outlets were running stories referring to the sales as disappointing and unimpressive. And those were the kind ones. It was not at all what was expected from the e-retailer's 24-hour sale. But the day was nothing to laugh about—Amazon posted record-breaking results.
Newgistics, an end-to-end commerce solutions provider for retailers and brands, hired Gene Wojciechowski as CIO, with responsibility for providing executive leadership and strategy for all of the company's core technology operations.
From Our Sister Sites
Instagram is poised to surpass both Google and Twitter in mobile advertising revenue by 2017, according to an eMarketer study on Instagram and ad spending. The photo sharing network is expected to rake in $595 million in mobile ad revenue worldwide this year, and that number is expected to shoot up to $2.81 billion by 2017 (which will account for 10 percent of global ad revenues for parent company Facebook).
Walmart has an e-commerce goal: Deliver to 95 percent of its consumers in two days or less. The big-box retailer opened a new fulfillment center, a 1.2 million sq. ft. space in Bethlehem, Pennsylvania, last week, as one of four large distribution centers it plans to open this year. Walmart wants to be able to get online orders to most shoppers, whether by in-store pickup or through delivery, as fast as possible—another move in order to compete with Amazon, which offers Prime members free, two-day delivery service.