IT Spending In Retail To Increase 4.3 Percent This Year

IT investments will increase by 4.3 percent this year, thanks mostly to small- and medium-sized retailers spending to become PCI compliant, according to a new report from IHL.

"PCI compliance has come down to the small and medium businesses," said IHL President Greg Buzek. "That starts to drive a lot of upgrades."

Suggested Articles

Costco changes up its menu items, and Alibaba and Guess partner for a physical store.

Janey Whiteside, Walmart's new chief customer officer, is well acquainted with the importance of customer service in modern retail.

Whole Foods will offer deals on Amazon's Prime Day, and tariffs against China are causing pricing hikes.