Target has made a significant leap into the Internet of Things with unveiling its "Open House" showcase in San Francisco last week. "Smart" is the byword of this interconnected home of the future.
Loyalty to retailers can be fleeting. Forty percent of customers are willing to change to another retailer for day-to-day items if new technologies offering better data security and convenience of payments are available.
A suspected data breach of point-of-sale systems at Hilton Hotels properties and franchised locations is being investigated. The Trump Hotel Collection also confirmed that IT security has been compromised at seven of its properties.