Predictive Analytics

Online fraudsters apparently do not keep nine-to-five hours.

According to a new study from fraud detection technology provider Sift Science, “The United States of Fraud,” online transactions conducted at 3 a.m. are most likely to be fraudulent.

The high likelihood of fraud at 3 a.m. occurs across all time zones. Also, fraudsters are more likely to transact during the weekdays.

Amid a slew of news from Target headquarters on Monday, the retailer also announced that, as part of the White House’s climate pledge, it would be working toward eight new sustainability commitments.

Target Corp. has made grocery and perishable products a big part of its turnaround strategy, and is committing to do so for the forseeable future.

Target is partnering with the MIT Media Lab and global design firm Ideo on a multi-year collaboration, known as the Food + Future coLAB, to explore the future of food. The work will focus on areas such as urban farming, food transparency and authenticity, supply chain and health.

Imagine you are the general counsel at a retailer involved in sensitive M&A discussions. You receive an email from one of the deal’s outside advisors. He says he needs some information about your company, the kind you’ve passed on before. You send it along — and later find that you were victimized in a sophisticated cyber-attack aimed at stealing sensitive information.

As the holiday season creeps up and Black Friday is just around the corner, successful companies are finalizing plans to maximize their seasonal revenues. A holiday retail sales forecast from eMarketer estimates a year-over-year increase of 5.7%, hitting an all-time high of $886 billion. To help retailers capture a larger slice of the expanding holiday pie, digital marketing services company eClerx Digital has identified three top strategies focused on optimization.

Whole Foods Market and a key technology partner are creating a new retail platform that the retailer promises will be unlike anything on the market.

In a partnership that Whole Foods said will “redefine retail management software,” the supermarket company is partnering with cloud-based business application provider Infor to develop a new enterprise platform called Infor Cloudsuite Retail. The retailer hopes to make a profit of the comprehensive, cloud-based retail suite by selling it to other retailers.

Whole Foods is creating a new collection of business applications with a key technology partner that are said to be unlike anything on the market.

That’s a bold claim and to back it up the nation’s leading organic and natural grocery chain is partnering with cloud-based business application provider Infor to develop a new enterprise platform called Infor Cloudsuite Retail.

Retailers are keeping up with omnichannel consumer demand behind the scenes.

According to a new survey of distribution center operators from Honeywell and YouGov, nearly nine in 10 distribution center operators expect to adopt new mobile devices and voice-direction technology in the next five years to meet omnichannel consumer expectations of faster, more accurate delivery.

Pricing can be a mysterious and dimly lit dimension for many retailers.

Sally Beauty Supply LLC is emerging from the pricing twilight and entering the zone of effectively targeted price strategy in a new partnership with Revionics. The specialty beauty chain will deploy Revionics Price Optimization solution, which includes price management, strategic price simulation and optimization.