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Disturbing data points cause for holiday sales concern
Interesting data points emerged this week that offer potential insight into Walmart’s holiday sales, as Kantar Retail and comScore released reports showing that when compared with the prior year Walmart was less of a destination for gifts and its Web traffic had declined.
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Kohl’s taps First Data for private-brand credit-card processing
Atlanta -- First Data has entered into an agreement with Kohl’s Department Stores to provide payment processing services for the company’s private brand credit-card accounts.
The multi-year agreement calls for First Data to provide Kohl’s with credit-card processing, customer analytics, risk management services and automated customer service workflow tools. Financial terms of the agreement were not disclosed.