Retail/Restaurants/Convenience - Articles - Page 34

Retail Inventory Shrink Increased to $45.2 Billion in 2015

June 13, 2016

Retailers’ inventory shrink averaged 1.38 percent of retail sales, or $45.2 billion in 2015, up by $1.2 billion from 2014.

Visa Introduces NFC-Enabled Payment Ring

June 4, 2016

Visa Inc. introduced the first payment wearable ring backed by a Visa account for use at the Rio 2016 Olympic games.

Study Finds Retail Fraud Incidence Rising

June 2, 2016

Both the volume of and monetary losses caused by fraudulent transactions have sharply increased in the past year.

Filling in the Gaps: How ALERRT Training Helps Crisis Response Times for Employees and First Responders

June 1, 2016

After the shooting at Columbine High School, The Advanced Law Enforcement Rapid Response Training (ALERRT) Center at Texas State University was created to instruct police officers in active-shooter response.

Majority of Retailers Still Not EMV Ready

June 1, 2016

Payments security is a core area of concern for retailers, according to new research from ACI Worldwide.

U.K. Retailer Launches Interactive Smart Home Department

June 1, 2016

Department store John Lewis has opened a 1,000-square foot space in its flagship Oxford Street location dedicated to products for connected homes.

100% of Retailers Worried about Cybersecurity

June 1, 2016

For the first time in the 2016 BDO Retail RiskFactor Report's history, risks associated with data privacy and security breaches were cited by all retailers.

Wells Fargo to Launch Mobile Wallet

May 25, 2016

Wells Fargo announced that its Wells Fargo Wallet will be available this summer.

Report Details Trends in Retail Fraud; Mobile Fraud to Increase

May 25, 2016

Mobile fraud is a challenge for merchants, and will only intensify, according to the 2016 LexisNexis True Cost of Fraud Study.

Senator Calls for Investigation of Billboards that Track Shoppers' Phones

May 10, 2016

Senator Charles Schumer said that billboard companies that track people's movements through smartphone apps in order to optimize advertising locations pose a threat to privacy.