Articles By Christine Kern
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Is Amazon Cash The Mobile Payment Of The Future?
4/18/2017
Experts weigh in on the opportunities for Amazon Cash, mobile payments, and retail.
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Plans For Amazon Go Store Delayed
4/14/2017
Target chief information and digital officer Mike McNamara admitted in January that he was “kind of skeptical” about the launching of Amazon’s new store of the future, explaining that the technology has been around for more than a decade. However, the process still requires help from humans behind the scenes, as Recode reported.
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Staples Investigating Possibilities For Sale, Shuttering 70 Stores
4/13/2017
Office supplies retailer in regrouping mode after failed merger with Office Depot.
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Walmart Eliminating 300 Tech Division Jobs, Sam's Club Reduces Staff
4/12/2017
Walmart remains committed to reorganizing its technology division and creating a better bottom line for the retailer. In its latest move in this direction, it has announced the elimination of some 300 tech division jobs, with cuts across the board and including officers.
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Amazon Unveils Amazon Cash To Cater To Unbanked Customers
4/11/2017
While much attention has been paid to the shift to EMV credit cards and on mobile payment options linked to credit and debit cards, the number of unbanked or underbanked U.S. consumers continues to grow. Estimates indicate that 7.0 percent of households in the United States were unbanked in 2015.
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Dollar General Set To Purchase Former Family Dollar Stores
4/10/2017
Some 2,700 jobs are at stake as 323 Dollar Express locations come under Dollar General’s control.
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Report Helps Retailers Balance Scalability And Profitability
4/7/2017
As news of Sears’ demise and other retailers falling flat plagues the headlines, retailers are faced with concerns on how to save their business before they’re next. Recently, Radial released an analysis to help retailers balance two pain points that are extremely real: scalability and profitability.
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Ruling Means Victory For Merchants Over Swipe Fees
4/6/2017
Retailers and credit card companies have been battling over swipe fees for years, and now retailers have been awarded at least a temporary victory in a recent Supreme Court ruling. The U.S. Supreme Court ruled that a New York State law that prevented retailers from disclosing to shoppers that a “surcharge” on credit card purchases in being imposed is essentially a speech regulation that could be unconstitutional, according to Law.com.
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Compromised Debit Cards Spike By 70 Percent In 2016
4/5/2017
According to the FICO Card Alert Service, 70% more debit cards had their security compromised at U.S. merchant card readers and ATMs in 2016 than in 2015. The data also revealed that compromises of ATMs and merchant devices in the U.S. rose 30 percent, while the average duration of a compromise fell from 14 days in 2015 to 11.
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Amazon Adds “Outfit Compare” Feature To Shopping App
4/4/2017
Shopper comparisons are not a new idea. Most customers admit that they shop around to compare models, prices, features, and other information before making purchases online. But clothing purchases have been harder to tack down, until now. And Amazon has been actively pursuing the fashion segment of ecommerce for several years now, from investing in its own private labels to increasing fashion ad spending and its own trend-centric TV show, Style Code Live, as Tech Crunch reported.