News

 

Retailers can keep customer data safe and also protect themselves against fraud-related losses by complying with PCI Data Security Standards, including the October 2015 deadline for U.S. retailers to accept cards with Europay, MasterCard and Visa (EMV)-compliant chips, advised Bob Russo, general manager, PCI Security Standards Council.

The farmers market has gone digital at Overstock.com where the discount online retailer has launched home delivery of locally sourced product.

Overstock.com launched the new Farmers Market section of its site to offer home delivery of seasonal, healthy food, grown and produced in close proximity to shoppers, according to the company.

New York --Facebook, You Tube, Instagram and WeChat are the most important social media platforms, according to a new report by business intelligence company L2 Inc. The company's second annual Social Platforms Report, which assesses the social investment and performance of 382 brands across eight verticals and 17 platforms, finds that Facebook is the most dominant platform.

 

With a promotional website, a Pinterest page and two stores, specialty crafts retailer Porter’s Craft & Frame is a small company supporting some big plans with a new tablet-based POS platform from Springboard Retail.

“Until recently, we used a PC-based POS system and used tablets to record information on products we bought at trade shows,” said Alex Nielsen, general manager of Porter’s, Rexburg, Idaho. “We had some laptops on carts in stores.”

Patrick Spear has joined GMDC as president to fill a role previously held by the organization’s long-time CEO Dave McConnell.  Spear brings 25-plus years of experience in the consumer and office products industry to GMDC’s senior management team.  

Framingham, Mass. -- By 2017, three times as many retailers as now will explicitly underpin their customer and operations strategies on 3rd platform technologies. That’s one of IDC Retail Insights’ top 10 worldwide retail predictions for 2015. IDC  revealed the predictions during a Web conference, IDC FutureScape: Worldwide Retail Agenda 2015 Predictions.        

Boca Raton, Fla. -- Office Depot on Tuesday reported better-than-expected results for third quarter and raised its outlook for the year.    The retailer posted a profit of $29 million  for the third quarter compared with $133 million in the year-ago quarter. The previous-year quarter included a gain on the sale of the Office Depot de Mexico joint venture.   Sales grew 55% to $4.07 billion, fueled by the addition of OfficeMax.

Industry uses strengths to aid children in need

Modern retail is a global effort to provide consumers with the goods and services they need.