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Sales & Marketing

  • EMV not a panacea for online fraud

    Here is the bottom line: EMV compliance protects against certain types of fraud but not all types.

    Yes, EMV adoption will drive significant growth in online fraud. But in something that has received far less attention is the fact EMV-compliant technology can also actually help protect retailers against fraudulent e-commerce transactions.

  • Study: Millennials don’t want plastic

    Physical credit cards may be going the way of DVDs and floppy disks.

    According to new analysis from Bankrate.com cited by PayPal, 63% of millennials do not have a credit card. However, that does not mean they are abandoning credit-based purchases.

    Millennials are now the fastest growing segment of PayPal Credit shoppers, rising to 33% of the total in 2015 up from 28% in 2013. Rather than shunning credit altogether, this influential group is turning to alternative credit services to help manage their finances.

  • Chip and PIN gains influential supporter

    The National Retail Federation and the Retail Industry Leaders Association are aligned with the nation’s top law enforcement agency in an effort to ensure consumers have access to the most secure payment methods.

    The FBI has released an official advisory warning consumers that EMV-compliant cards are still vulnerable to fraud and PIN authentication is the best means to prevent personal data theft. According to the FBI. EMV cards can still be counterfeited with stolen card data obtained on the black market.

  • A new ‘fresh’ era begins at Publix

    An executive who played a key role in helping Publix deliver on its “where shopping is a pleasure” brand promise has stepped down after nearly half a century with one of the nation’s best supermarket operators.

    David Bridges, VP of fresh product business development at Publix will retire effective Jan. 1, 2016 and his role will be filled by Chris Litz who currently serves as a regional director of Publix Atlanta Division.

  • Sears Holdings makes big moves on home front

    Sears holdings has made a key acquisition to bolster its connected home effort and named a new executive to lead its home service division.

    The retailer said it hired former Best Buy executive Sean Skelley as president of its Home Services division. Skelley spent 20 years at Best Buy but most recently served as senior VP of service solutions for Asurion, global provider of device protection and support services for smartphones, tablets, consumer electronics and appliances.

  • Now Trending: Reflecting on Macy’s store closures

    When Macy’s announced in early September that it planned to close between 35 and 40 underperforming stores, the move certainly made headlines. Unfortunately for Macy’s, it also made sense. Because, as most analysts and industry observers can attest, it only reaffirmed a storyline that has been developing for many years now: department stores are in trouble.

  • Aeropostale finds new way to make money

    Aeropostale believes its brand is strong enough that shoppers at other retail outlets will want to buy licensed products bearing its name.

    The teen specialty retailer and operator of roughly 800 stores signed a domestic licensing agreement for home textiles with Himatsingka America. Terms of the deal call for Himatsingka to design, manufacture and distribute bedding and bath linens using the Aeropostale label for department stores, big-box retailers and wholesale channels across North America.

  • Twitter amplifies ad offering

    Placing ads in tweets just got easier and more precise for retailers.

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