Articles By Christine Kern

  1. 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.

  2. 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.

  3. How Can I Place My Order? Let Me Count The Waze
    4/3/2017

    Dunkin’ Donuts is launching a mobile order-ahead feature through Google’s Waze mapping and navigation application — the first time a retailer or brand has partnered with Waze to deliver that capability. Order Ahead is being offered to Dunkin' Donuts' DD Perks rewards club members, and it allows a customer to order and pay for a beverage or food before they arrive at a Dunkin' Donuts location, and then skip the line to pick up their purchase when they arrive.

  4. Digital Commerce Sees 11 Percent More Traffic And 8 Percent Growth In Shopper Spend
    3/31/2017

    Salesforce Commerce Cloud announced its Fourth Quarter Shopping Index, an interactive report, which tracks the global shopping activity of more than 500 million shoppers worldwide. According to the data, Digital commerce saw 19 percent year-over-year growth, with 11 percent more traffic and an 8 percent spike in shopper spend, bolstered by a strong Christmas Holiday Shopping Season.

  5. US Merchants Are Being Targeted By New MagikPOS Malware
    3/30/2017

    Security Vendor Trend Micro has warned US businesses that there is a new type of point-of-sale (PoS) malware attacking US and Canadian businesses. The Trend Micro blog asserts, “Like a lot of other PoS malware, MajikPOS is designed to steal information, but its modular approach in execution makes it distinct.”

  6. Payless Preparing To Enter Bankruptcy
    3/29/2017

    Discount shoe retailer Payless Inc. is reportedly preparing to file for Chapter 11 bankruptcy in an effort to reorganize and save its struggling operations, Bloomberg reported. Initially, the plan calls for the closure of some 400 to 500 stores, anonymous sources told Bloomberg, though the deliberations are not public. Earlier plans indicated the closure of as many as 1,000 locations, and that number could still be in flux, sources reported.

  7. Vendors Are Hedging Their Bets With Sears Holding Corp.
    3/28/2017

    As Sears Holdings Corp. struggles to keep afloat, its vendors are hedging their bets with scaled back deliveries and higher payment terms that signal the retailer’s uncertain future, according to Reuters. These actions are a response to increased doubts about the embattled retailer's financial stability.

  8. Walmart Launches Startup Incubator Store No. 8
    3/27/2017

    Walmart has announced the launch of a technology-startup incubator located in Silicon Valley and dubbed Store No. 8, whose aim is to identify changes that will reshape the retail experience, according to Bloomberg. It will focus on technology like machine learning, artificial intelligence, virtual and augmented reality, robotics, autonomous vehicle and drone delivery, and personalized shopping, and the incubator was announced by Marc Lore, chief executive officer of Walmart’s e-commerce operations at the recent ShopTalk Conference in Las Vegas.

  9. Amazon Adds Limited Alcohol Delivery To Its Prime Now Offerings
    3/24/2017

    Beer and wine delivery are now available in the Cincinnati and Columbus markets.

  10. Will Paying By Sunglasses Be The New Contactless Payment Solution?
    3/23/2017

    Visa has unveiled a new prototype of payment-enabled sunglasses recently at the South by Southwest Festival in Austin, Texas and at the Quiksilver Pro and Roxy Pro surf competitions in Gold Coast, Australia, according to CNBC. They plan to roll out a pilot of the new technology, though the glasses are not yet available to the public.