Articles By Christine Kern

51. New Report Shows AI Has Helped Curb Ecommerce Fraud Overall But Not For Department Stores 6/14/2017

    While the adoption of machine learning and artificial intelligence has helped to curb the overall occurrence of ecommerce fraud, department stores have not fared so well, according to PYMNTS. According to the Q1 2017 Global Fraud Index, ecommerce fraud has continued to decline across the board since Q1 2016, except for in two industries – Department Stores and Jewelry and Precious Metals.

52. Customers Demanding Fast And Free Delivery Is Pressuring Supply Chain Analytics 6/13/2017

    Report finds that 70 percent of execs see supply chain costs continuing to rise in near future.

53. Macy's Puts The Shoe On the Other Foot With Self-Service Shoe Departments 6/12/2017

    Macy’s is rolling out self-service systems in its shoe departments in stores nationwide, which means that customers will be required to seek out their own shoes instead of asking a sales associate for help. The change mirrors “open-sell” policies used in successful off-price retailers like TJ Maxx and Nordstrom Rack, as Business Insider reported. The move is an effort to streamline store operations and cut costs, according to Fortune.

54. Office Depot Shakes Up C-Suite Leadership To Better Align Company Focus 6/9/2017

    Office Depot, Inc. has announced that it has made a number of appointments across its C-Suite that are designed to help better align the company with its new focus. In February, Lenovo Executive Gerry P. Smith was appointed as the New Chief Executive officer of the office supply retailer, succeeding retiring CEO Roland Smith, as Innovative Retail Technologies reported.

55. Payless Bankruptcy May Mean Even More Store Closures 6/8/2017

    Retail shoe chain has asked the Bankruptcy Court to sanction the closure of up to 408 more stores.

56. Dunkin' Donuts Integrates Masterpass Into The Dunkin' Mobile App 6/7/2017

    Dunkin’ Donuts has integrated Mastercard’s Masterpass into its Dunkin’s Mobile App, giving customers the power to purchase and reload virtual Dunkin’ Donuts cards on DunkinDonuts.com and on the app via Mastercard’s Masterpass option, according to a company press release. Masterpass stores payment information, card details, shipping information, and payment preferences simply and securely, allowing users to shop conveniently with the touch of a button.

57. Dollar Tree Rolls Out New Family Dollar Store Layouts And Private Label Brands 6/6/2017

    Dollar Tree is preparing to roll out new store layouts and private label brands across its Family Dollar discount chain as part of its recovery plan, according to Supermarket News. According to Dollar Tree CEO Bob Sasser, a brand called Home Line will replace Family Dollar-branded household products, while private label candies will now be under the name Katoomba Candy Co.

58. Retailers Can Leverage Smart Phone Use To Attract Shoppers, Study Finds 6/5/2017

    “The First Dibs Opportunity” study shows that 47 percent of usage session start with no real aim.

59. Sears Sees First Quarterly Profit Since 2015 6/3/2017

    In its recent first quarter holdings report, Sears Holdings Corporation demonstrated that its cost-cutting measures are starting to have an impact: the company saw its first profits in nearly two years: Q1 net income was $244 million, or earnings of $2.28 per diluted share, up from its net loss in the year-ago quarter of $471 million, or $4.41 per diluted share.

60. Target Agrees To Pay $18.5 Million To Settle 2013 Data Breach Claims 6/2/2017

    Target has announced that it is ready to pay out a bulk settlement of $18.5 million for distribution among 47 state governments and Washington, D.C., according to Reuters, as it attempts to resolve all claims related to the 2013 holiday shopping season data breach. The incident left approximately 40 million cardholders vulnerable in the wake of the breach that occurred between November 27 and December 15, 2013, as Innovative Retail Technologies reported.