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  • IBM: Retailers suffering fewer, but more damaging cyber attacks

    Armonk, N.Y. – Retailers are suffering fewer cyber attacks, but for hackers it is becoming a situation of quality over quantity. According to findings released by IBM, despite a 50% decline in the number of cyber attacks against U.S. retailers, the number of records stolen from them remains at near record highs.

  • Former Pathmark CEO dies at 85

    New York -- Leonard Lieberman, former chairman and CEO of Supermarkets General, which owns Pathmark, died at his home in Hoboken, N.J., on Jan. 2, according to an obituary on NJ.com. He was 85. The cause of death was heart failure.

  • Federal mediators join West Coast ports dispute

    New York -- U.S. mediators are joining the labor talks at West Coast ports in an attempt to jumpstart the stalled negotiations between the powerful International Longshore & Warehouse Union (ILWU) and the Pacific Maritime Association (PMA). The U.S. Federal Mediation and Conciliation Service announced its involvement in the talks late on Monday.

    “We are prepared and ready to render prompt assistance,” Allison Beck, acting director of the Federal Mediation and Conciliation Service, said in a statement.

  • Abercrombie & Fitch settlement approved

    New York -- A federal judge recommended approval of a revised settlement of a lawsuit that challenged the pay of former Abercrombie & Fitch CEO Michael Jeffries. The action comes three months after a different judge rejected a settlement that appeared to offer few benefits to the company and “broadly released shareholders' claims," Reuters reported.

  • Minimum wage increases take effect in 20 states

    New York -- The minimum wage rose in 20 U.S. states and in the District of Columbia on Jan. 1.

    The increase brings the total number of states with a minimum wage above the federal wage floor to 29, according to the New York Times. The federal minimum wage is $7.25 an hour.

    Nine states are increasing their minimum wage levels through automatic adjustments for cost-of-living expenses and other economic factors. Increases in the other states occurred through legislative or ballot changes.

  • Hill veteran joins RILA as its top lobbyist

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) announced that Jennifer Safavian has joined the association as executive VP for government affairs, effective Jan. 5. As RILA’s top lobbyist, Safavian will oversee RILA’s federal and state advocacy, guiding an agenda that includes cyber security, e-Fairness, tax reform and other critical issues facing the retail industry.

  • Chick-fil-A investigating possible data breach

    Atlanta -- The new year has brought news of a possible new data breach. Chick-fil-A acknowledged on Friday that it has received reports of potential “unusual activity” involving payment cards used at a few of its restaurants and that it was investigating whether a data breach had taken place.

    “We take our obligation to protect customer information seriously, and we are working with leading IT security firms, law enforcement and our payment industry contacts to determine all of the facts,” the company said in a statement.  

  • Bottom Dollar Food to close all 66 stores

    Salisbury, N.C. - Bottom Dollar Food will close its 66 store locations in the greater Philadelphia and greater Pittsburgh markets by Jan. 15 and retire the banner's operations. Upon the closing of stores, Bottom Dollar Food will offer every associate severance, and eligible associates will be offered career transition services.

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