Retail

Retailers and hospitality enterprises have a weak point unique to their business – the point of sale (POS) device. Despite significant investment in security, it’s still too easy for cybercriminals to access corporate networks via POS.

POS devices handle most of the payment card transactions around the world for retailers, restaurants, hotels, grocers, and gas stations. Because these systems are highly interconnected and accessed by numerous employees and other devices, they remain a highly lucrative target for organized cybercrime.

It is common during an election cycle for candidates to lament how nothing gets done in Washington. However, that’s not always a bad thing, as evidenced by some of the Retail Industry Leaders Association’s efforts to influence and repeal legislation.

As the 2015 legislative session comes to a close, RILA has identified several important regulatory and legislative wins that will benefit retailers and their millions of employees and customers.

Born the six of seven kids to parents of modest means, Conn’s CEO Norm Miller knows firsthand the challenges facing working families. That’s why he’s proud of Conn’s approach to serving customers and believes the retailer’s unique business model offers staggering growth potential.

Which brands will break new ground, fall from grace, or overcome obstacles in 2016? Here’s my list of brands to watch in 2016. Since I couldn’t narrow the list to a handful as I’ve done in past years, I decided to expand the list to 26, one for each letter of the alphabet.

So here’s a brand-builder’s almanac for the coming year:

Retailers and suppliers have a new ally in their efforts to unlock actionable insights from the proliferation of data thanks to what Enhanced Retail Solutions contends is groundbreaking new functionality in its Intelligent Retail Platform.

Some of the retail industry’s most innovative, influential and accomplished leaders passed away in 2015. The following is a look at some of those who made a difference and the impact they had on retail.

The following list is by no means exhaustive or intended in any way rank those who passed based on their accomplishments. Rather, the goal is to present in chronological order some of the most noteworthy individuals whose departure came to the attention of Retailing Today and recognize their accomplishments one more time.

The core capabilities of the National Basketball Association (NBA) do not include fulfilling purchases made at its New York flagship store. According to Re/code, the NBA is partnering with online specialty athletic retailer Fanatics to provide tablet-based “endless aisle” fulfillment to its store via the Fanatics warehouse. [Re/code]

The holiday season got off to a horrible start at Bed Bath & Beyond and things went downhill from there, judging from the industry leader's uncharacteristic and concerning profit warning.