News

Denver -- Junction Solutions announced today that it completed the implementation of Microsoft Dynamics AX 2012 at 122 stores of Fanzz, a leading sports apparel and team gear retailer.  

Dallas -- Speed Commerce, a leading provider of omni-channel e-commerce services, has launched a customized e-commerce solution for Lowe's Companies to support its operations in Mexico.  

Las Vegas -- VeriFone Systems announced RubyCi, an integrated site controller and point-of-sale (POS) solution designed to enable average-sized convenience stores and petroleum retailers to more efficiently manage their POS, payment and fueling systems and prepare their payments infrastructure for EMV. The new solution combines features of VeriFone’s Ruby2 POS system and Commander Site Controller.   

Coppell, Texas -- Alco Stores Inc. on Sunday filed for Chapter 11 bankruptcy, with plans to liquidate or sell the business.    The 113-year-old retailer and its subsidiary, Alco Holdings Ltd Liability Co., filed voluntary petitions for relief in the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division.  It listed assets of $221.7 million and debt of $161.6 million.  

New York -- Smart machines, mobile and digital business transformation all weigh heavily in tech research giant Gartner’s top 10 predictions for IT organizations and users in 2015 and beyond.    Here is an overview of Gartner's top 10 trends:    

Amazon once again takes the lead in disruptive news with reports it will open its first-ever physical store in New York City on West 34th Street, across from the Empire State Building and down the street from the iconic Macy’s flagship store. Even more than for its impressive location, the store is notable as the ultimate symbol of the continuing primacy of brick-and-mortar in the omnichannel environment.

 

Boston -- Dollar General maintains its overall opening price point leadership position in Kantar Retail’s fourth annual opening price point (OPP) study. For the third consecutive year, Dollar General‘s overall basket was the least expensive, edging out Walmart supercenter’s basket by 2.5%, representing a widening of the gap between the two in the 2013 study.   

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  

Kmart said its store payment systems were penetrated by cybercriminals who used a form of malware undetectable by current anti-virus systems.

The retailer said its information technology team on October 9 detected its payment data systems had been breached and immediately launched a full investigation working with a leading IT security firm. It was determined the breach began in early September and upon detection Kmart said it was able to quickly remove the malware.