Corporate Governance

Hoffman Estates, Ill. -- Kmart is the latest retailer to be hit by a payment data breach. The breach was discovered last Thursday by the chain’s information technology team, and the company immediately launched an investigation with a leading security firm, according to Kmart’s parent company, Sears Holdings Corp.   

Leading footwear manufacturer Wolverine Worldwide added an executive with an ideal background for a data insecure world to its board of directors.

By Steven Pinder, Tom White and Kurt Kendall    Retailers are being squeezed by growing consumer individualism, globalization and evolving preferences. These pan-industry pressure points are causing a proliferation of SKUs that retailers must now nimbly administer. And with online competition eating into already-low margins, the challenge for brick-and-mortar retailers is clear: Find a better way to manage assortment practices.  

Dallas -- Speed Commerce, a leading provider of omni-channel e-commerce services, has launched a customized e-commerce solution for Lowe's Companies to support its operations in Mexico.  

Water conservation is big business for the nation’s largest home improvement retailer who earned accolades from the Environmental Protection Agency for selling nearly 13 million WaterSense devices.

The EPA named Home Depot a 2014 WaterSense Partner of the year for selling nearly 13 million WaterSense labeled products which helped customers save an estimated 42.5 billion gallons of water and more than $358 million in water related utility costs. The retailer said the water saved is enough to supply 291,000 U.S. homes for a full year.

New York -- The news of the recent security breach at Kmart stores generated lots of comments from security experts.    Here is a roundup:         

New York -- Last week, SAP hosted its annual Retail Forum in the palatial confines of the Waldorf Astoria in Manhattan. Within the elegant surroundings a lot of very practical and down-to-earth information about the latest retail IT trends was dispersed. Here are three tech trends retailers should pay extra close attention to.   Predictive Analytics  

New York -- Smart machines, mobile and digital business transformation all weigh heavily in tech research giant Gartner’s top 10 predictions for IT organizations and users in 2015 and beyond.    Here is an overview of Gartner's top 10 trends: