Loss Prevention & Security: Page 14
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Macy's sued for minority shoppers' detention, fines
The retailer is facing a class-action lawsuit that alleges “coercive collection practices” of minority shoppers.
By Daphne Howland • Dec. 7, 2015 -
Target reaches $39.4M settlement with banks over massive breach
Target’s nightmare from its December 2013 cyber breach isn’t over yet, but this settlement brings it that much closer.
By Daphne Howland • Dec. 3, 2015 -
Massive hack of toy retailer VTech exposes children's data
The news could chill sales just when tech-based toys were poised to boost holiday toy sales.
By Daphne Howland • Dec. 1, 2015 -
Deep Dive
5 mistakes from Black Friday past—and how retailers can avoid them
The enormous opportunity that is Black Friday comes laden with potential pitfalls that retailers have experienced all too often.
By Daphne Howland • Nov. 24, 2015 -
Report: Shoppers take their frustrations out on Black Friday/Cyber Monday
Consumers who have had bad experiences at retailers during the year are holding a grudge at the holidays.
By Daphne Howland • Nov. 6, 2015 -
Survey: Most consumers don't trust retailers with their data
"Intrusive" activities also undermine consumer trust.
By Ian P. Murphy • Oct. 26, 2015 -
Target to issue more secure chip-and-PIN cards
The retailer is one of the first to issue these type of chip-enabled cards in the U.S.
By Daphne Howland • Oct. 15, 2015 -
FBI warns that EMV cards should have PINs
Many retailers have advocated for banks to issue cards with the full “chip-and-PIN” capabilities that are now familiar abroad.
By Daphne Howland • Oct. 12, 2015 -
Ubiquitous Bed Bath & Beyond coupons hitting the company's margins
But the retailer faces other hurdles, too, including its slow work in e-commerce, its thin margins and its difficulty differentiating its merchandise.
By Daphne Howland • Oct. 2, 2015 -
NRF warns retailers of rising organized crime
Organized crime accounts for some $30 billion of retail shrink, according to the National Retail Federation’s annual Organized Retail Crime Survey.
By Daphne Howland • Sept. 16, 2015 -
Target experiencing supply chain troubles due to new initiatives
Target seems to be admitting that it has a problem, the first step in solving it.
By Daphne Howland • Sept. 8, 2015 -
Wal-Mart working on reducing 'shrink' as theft hits earnings
The retailer cited problems with theft and poor inventory control three times in its recent quarterly earnings press release and another 13 during its conference call with investors Tuesday.
By Daphne Howland • Aug. 19, 2015 -
Target, Visa agree on $67M to settle data breach
The retailer is in similar talks with MasterCard, the companies said. But some smaller financial institutions aren’t satisfied.
By Daphne Howland • Aug. 19, 2015 -
Report: Only 10% of U.S. consumers have adopted EMV cards
The October deadline for compliance is looming, but most shoppers don't have EMV cards.
By Ian P. Murphy • Aug. 11, 2015 -
Nike getting assertive about cybersecurity recruitment
Retailers are realizing they must have the humans and technology that understand the unique needs of retail — stop the bad users, but let in the good customers easily.
By Daphne Howland • Aug. 11, 2015 -
US accounts for 48% of all global card fraud damages
The Nilson Report found that worldwide losses resulting from fraud on credit, debit, and prepaid cards reached $16.3 billion in 2014.
By Ian P. Murphy • Aug. 7, 2015 -
Deep Dive
The key to tight cybersecurity: Watch the vendors
In today's retail environment, retailers are really only as secure as their least secure vendor.
By Daphne Howland • Aug. 6, 2015 -
Costco, Sam's Club, others caught up in photo services data troubles
The trouble at the retailers stems from a possible data breach at photo services company PNI Digital Media.
By Daphne Howland • July 21, 2015 -
US clothing group: Alibaba is failing to curb faux goods
The American Apparel & Footwear Association sent an open letter to Alibaba Group's Jack Ma over what it says is a lack of progress combating the sale of fakes on its website.
By Daphne Howland • July 20, 2015 -
CVS warns of possible photo site breach
The problem is a reminder that the introduction of chip-and-PIN or EMV credit cards is hardly the last answer to payment data breaches.
By Daphne Howland • July 20, 2015 -
Deep Dive
How a recall can actually help — and not just hurt — a retailer's brand
By alerting customers to product quality issues in a timely manner, retailers can enhance customer loyalty and even help their brand image.
By Daphne Howland • July 1, 2015 -
Wal-Mart reinstating greeters as part of anti-theft push
The retailer is testing the return of the Wal-Mart door greeter, who may be checking receipts as customers leave and otherwise help deter theft.
By Daphne Howland • June 22, 2015 -
Wal-Mart pushes to crack down on theft
Its recent wage increases may mean that the retailer needs to trim fat elsewhere.
By Daphne Howland • June 5, 2015 -
OTA names most trustworthy online retailers
The announcement during IRCE revealed American Greetings leads in security, privacy and consumer protection.
By Ian P. Murphy • June 3, 2015 -
Deep Dive
Why fake goods are a real problem—and what retailers can do about it
Fake goods are becoming commonplace in emerging online markets. What should retailers do?
By Daphne Howland • May 27, 2015