News

Westboro, Mass. -- MICROS-Retail, a division of Micros Systems, announced BJ's Wholesale's successful launch of Micros-Retail's next generation loss prevention and business analytics solution, XBR Ingenium.
   
As an existing user of MICROS-Retail's XBR, BJ's launched a pilot of XBR Ingenium.  After a successful program, BJ's is now deploying Micros-Retail XBR Ingenium company-wide, seeking to increase the investigative capabilities and productivity of its asset protection team.

Toys “R” Us has made some changes to its executive leadership.

The company has announced that Michael D. Fascitelli and Michael Ward have resigned their spots on the company’s board of directors. Fascitelli has been a director of the board since 2005, while Ward has been a director since 2007.

According to Toys “R” Us, neither Fascitelli’s nor Ward’s resignation was brought on as a result of any disagreement with the company. 

SEATTLE — Amazon has launched its own currency, which customers will be able to use to purchase apps, games and in-app items from the Amazon Appstore and on Kindle Fire.

To celebrate the launch, existing and new Kindle Fire customers in the U.S. have had 500 free Coins — a $5 value — deposited into their Amazon accounts. 

ATLANTA — Aaron's, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, home appliances and accessories, has appointed Robert W. Kamerschen as the company’s new SVP and general counsel.

WESTBORO, Mass. — BJ's Wholesale will leverage Micros-Retail's loss prevention and business analytics solution, XBR Ingenium, to increase its asset protection team’s investigative capabilities and productivity.

Micros-Retail XBR Ingenium will allow BJ’s to generate flexible and behavioral exception reports, so it can focus on key areas of fraudulent activity. The business solution offers an interactive dashboard, so field users can quickly spot high-risk areas in their stores and districts.  

MINNEAPOLIS — Target has become the latest retailer to get its geek on. The discount retailer has teamed up with Warner Bros. Consumer Products, in partnership with DC Entertainment, and will launch an extensive summer collection of exclusive Justice League merchandise. 

By Rafi Musher, [email protected]

CINCINNATI — Vantiv, a leading provider of payment processing services and related technology solutions for merchants and financial institutions, is combining point-of-sale redemption technology with the Visa Offers platform for cardholders and merchants of all sizes. 

The upgraded technology will help drive additional value at the point-of-sale.