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ShopperTrak: Retail sales, traffic decreased last week
Chicago -- Rough weather last week prevented many last-minute shoppers from getting to the stores to finish up their holiday purchasing. ShopperTrak reported that for the week of Dec. 16 to Dec. 22, GAFO in-store retail sales decreased by 3.1% from the same week last year. Retail brick-and-mortar shopper traffic decreased by 21.2% compared to the same time period in 2012.
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Class-action lawsuits stack up against Target
Minneapolis – Media reports indicate that Target may have been victimized by hackers based overseas and also has agreed to a credit monitoring deal for New York shoppers and is suffering declining traffic. According to Reuters, sources involved in the current investigation of the Target security breach said investigators are focusing on unidentified hackers from an unidentified foreign location.