Apple, Inc.

Online and mobile fraud prevention needs to be part of every retailer’s brand’s holiday retail strategy. According to Cybersource’s 2011 survey of e-commerce fraud, $3.4 billion in online revenue was lost in 2011 as a result of fraud, and this number is only expected to increase. Although the holidays are just around the corner, there is still time to take action and reduce your exposure to fraudulent mobile channel activities.

Online shopping surged 26% on Black Friday to surpass $1 billion for the first time, according to the digital measurement firm comScore.

Philadelphia -- Pennsylvania Real Estate Investment Trust (PREIT) said that Apple has opened a new store at its Willow Grove Park property in suburban Philadelphia.

The 8,300-sq.-ft. store opened on Nov. 17, bring the total number of Apple stores in PREIT’s portfolio to four.

“The addition of Apple to this already dominant mall will further drive traffic and sales and allow us to enhance the merchandise mix and quality of the shopping experience at Willow Grove Park,” said Joseph F. Coradino, CEO, PREIT.
 

Leawood, Kan. -- Glimcher Realty Trust announced that it will rename One Nineteen as Town Center Crossing. Glimcher and the owners of One Nineteen and Town Center Plaza will rebrand both centers with new logos, new signage and a shared property directory.

“Our hope by rebranding the properties is to create the Town Center district, marking one of the best retail areas outside of Kansas City,” said Marshall Loeb, president and COO, Glimcher Realty Trust.

Walmart will sell a bazillion electronics products this holiday season, no thanks to Consumer Reports which rates the company last as a CE destination.

Apple and Costco were ranked one and two as the best venues for CE items followed by a bizarre classification called "independents," considering the CE space is dominated by chains. The Army and Air Force Exchange Service (AAFES) and Sam’s Club ranked highly. Walmart was last among the 14 physical retailers ranked with a score of 81, compared to Apple and Costco at 92.

BENTONVILLE, Ark. — Walmart has unveiled its Black Friday circular and event times on www.Walmart.com as well as its Facebook wall and mobile app. The retailer's Black Friday circular includes hundreds of brand name electronics, toys, apparel, sporting goods and home and houseware items. Backed by Walmart's ad match guarantee, items featured in the Black Friday circular will be available during three events starting at 8 p.m. Thursday, Nov. 22.

New York -- Holiday sales will reach a record $556.8 billion, a sluggish 2.8% increase from 2011, according to retail consultancy Customer Growth Partners’ 11th annual Holiday Forecast.  

Bentonville, Ark. -- Walmart will opens its stores at 8 p.m. on Thanksgiving Day, two hours earlier than a year ago. The retailer is also guaranteeing shoppers that it will have three of the most popular items it sells if they line up inside the store during a one-hour event that day.

New York -- In a surprise announcement on Tuesday, Apple Inc. said its retail senior VP John Browett abruptly left the company on Monday. Another senior-ranking staffer iOS software senior VP Scott Forstall, will exit next year.