Retail

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  

Washington, D.C. - Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches. According to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, import volume at U.S. ports covered by the Global Port Tracker report is expected to total 1.53 million containers in October, topping the 1.52 million monthly record set in August.   

Indianapolis – Lids Sports Group has acquired Jersey City Canada, a licensed sports apparel, headwear and novelty company operating 28 stores across four Canadian provinces. In addition, the acquisition includes nine headwear-only Capz stores, and two websites.  

London - Online retailers provide delivery options shoppers don’t want, and don’t offer the ones they do. According to new research from software company OrderDynamics and Opinion Matters, more than half of online shoppers (54%) want a named delivery date, but only 15% of retailers currently offer it.  

Salt Lake City – Overstock.com is building a new corporate campus, referred to as the "Peace Coliseum," which is anticipated to open during summer 2016. Overstock officials have said that from the ground level, the building will look like a corporate glass-and-concrete version of the Roman Coliseum, but from the air, the three-story building will appear as a peace sign.  

New York -- For the second year in a row, Apple ranks as the most valuable brand in the world, followed by Google, on Interbrand’s 15th annual Best Global Brands Report. Apple was valued at $118.9 billion, up 21% over last year, while Google was valued at $107.43 billion, up 15%. Rounding out the top five were Coca-Cola, IBM and Microsoft. It was the first time in the history of the Best Global Brands report that two global brands – not just one – had a brand value that exceeded $100 billion.