News

New York – Verizon is reportedly investigating possible data breaches at two unidentified retailers that use its networking technology. According to the New York Times, law enforcement notified the two retailers of the possible cyber attacks, and they then notified Verizon late in the week of Feb. 17.

A little more than a week after Signet Jewelers said it plans to acquire all of the issued and outstanding stock of Zale for $21 per share in cash consideration, Zale reported net earnings of $51 million in the second quarter, a 10% increase from $41 million in the prior-year period.

Same-store sales increased 1.9%, but revenues slipped 2% to $656 million from $671 million.

New York - Verizon Enterprise Solutions has opened the Verizon Cyber Intelligence Center (VCIC). The new center will offer advanced detection and response capabilities to better manage and mitigate cyber attacks.

New York -- The Thomson Reuters/University of Michigan's consumer sentiment index inched up to 81.6 in February from 81.2 in January.

"The most significant implication is not whether consumers have correctly assessed the weather's negative impact on the economy, but the resilience consumers have demonstrated in the face of the polar vortex as well as higher utility bills and minimal employment gains," said survey director Richard Curtain.

Why does Godzilla destroy cities and terrify crowds? Snickers posits that the infamous monster is just hungry in its latest commercial, which makes its debut nationally Sunday, March 2, during the 86th Annual Academy Awards.

Hampstead, Md. – Jos. A. Bank Clothiers Inc. has officially rejected Men’s Wearhouse’s latest $1.78 billion buyout offer. But in yet another twist to the long-running saga between the two companies, in open letter to Men’s Wearhouse president and CEO Douglas S. Ewert, Jos. A. Bank said it is willing to meet with its rival.

Verizon Enterprise Solutions has opened the Verizon Cyber Intelligence Center (VCIC). The new center will offer advanced detection and response capabilities to better manage and mitigate cyber attacks.

Hong Kong - Hong Kong-based supermarket chain ParknShop has chosen Galleria Retail Technology Solutions to further enhance its merchandising operations. ParknShop will use Galleria category planning, automation and optimization solutions to obtain insights via clustering and demand signal analytics, as well as optimize and execute its store strategy.