News

It looks like one year of free credit monitoring has become the new industry standard for retailers looking to placate customers potentially affected by a data breach.

Sally Beauty is the latest retailer to offer free credit monitoring and identity theft protection following reports in early March that the company detected an unauthorized intrusion into its data network.

Animal lovers have a new ally in Overstock.com thanks to a new service that leverages the online retailer’s digital capabilities to find homes for unwanted animals.

The company’s new pet adoption service allows users to access real-time updates of adoptable animals in thousands of shelters nationwide. Searches can be conducted by types and breeds of animal and filtered by attributes such as gender, age, color and disposition in much that same manner as Overstock.com’s customers search for products.

Sidney, Neb. -- Cabela’s Inc. has renewed a variable funding facility with Royal Bank of Canada for an additional three years and the commitment under the variable funding facility has increased from $350 million to $500 million. The variable funding facility relates to an outstanding series of variable funding notes issued by Cabela’s Credit Card Master Note Trust.

New York -- Just one-quarter (25%) of consumers consider loyalty programs important when choosing a restaurant. According to a new study from Deloitte, 50% of survey respondents said they belong to at least one restaurant program, a much lower rate compared with those of other sectors, such as airlines (78%) and hotels (70%).

Austin, Texas -- Whole Food Market will purchase four stores from New Frontiers Natural Marketplace. The stores, which average 22,000 sq. ft., are located in Flagstaff, Prescott and Sedona, Ariz.; and San Luis Obispo, Calif. The two companies expect the transaction to be finalized in the next few weeks.

The stores will continue to operate under the New Frontiers Natural Marketplace banner until they are re-signed as Whole Foods Market stores.

The retail and shopper marketing firm Integer Group, an Omnicom company, made three key hires to bolster its efforts in the omnichannel world.

Integer said it filled three positions within its Retail Arts Lab which it described as a physical and virtual space where the retail environment is being transformed by intersecting shopper behavior and emerging technologies.

Global business advisory firm AlixPartners has been hired by Men’s Wearhouse to aid in the integration of its recent acquisition of Jos. A. Bank Clothiers.

Minneapolis - Kevin Davidson has joined merchandising intelligence solutions provider Quantum Retail Technology Inc. as its CFO. Davidson brings more than 20 years of financial management and corporate development experience to Quantum and will report to CEO Steve Buege.

Davidson joins Quantum after serving as CEO of Critical Perfusion from 2012 to 2014. Previously he held C-level positions with BioDrain Medical Inc., OrthoRehab Inc., and was a managing director at Arthur Andersen LLP.