Loss Prevention & Security: Page 15
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Target experiencing supply chain troubles due to new initiatives
Target seems to be admitting that it has a problem, the first step in solving it.
By Daphne Howland • Sept. 8, 2015 -
Wal-Mart working on reducing 'shrink' as theft hits earnings
The retailer cited problems with theft and poor inventory control three times in its recent quarterly earnings press release and another 13 during its conference call with investors Tuesday.
By Daphne Howland • Aug. 19, 2015 -
Explore the Trendline➔
Spencer Platt / Staff via Getty ImagesTrendlineThe state of loss prevention in retail
The types of losses attributed to retail theft has become more apparent — as is the need for more in-depth reporting and prevention strategies.
By Retail Dive staff -
Target, Visa agree on $67M to settle data breach
The retailer is in similar talks with MasterCard, the companies said. But some smaller financial institutions aren’t satisfied.
By Daphne Howland • Aug. 19, 2015 -
Report: Only 10% of U.S. consumers have adopted EMV cards
The October deadline for compliance is looming, but most shoppers don't have EMV cards.
By Ian P. Murphy • Aug. 11, 2015 -
Nike getting assertive about cybersecurity recruitment
Retailers are realizing they must have the humans and technology that understand the unique needs of retail — stop the bad users, but let in the good customers easily.
By Daphne Howland • Aug. 11, 2015 -
US accounts for 48% of all global card fraud damages
The Nilson Report found that worldwide losses resulting from fraud on credit, debit, and prepaid cards reached $16.3 billion in 2014.
By Ian P. Murphy • Aug. 7, 2015 -
Deep Dive
The key to tight cybersecurity: Watch the vendors
In today's retail environment, retailers are really only as secure as their least secure vendor.
By Daphne Howland • Aug. 6, 2015 -
Costco, Sam's Club, others caught up in photo services data troubles
The trouble at the retailers stems from a possible data breach at photo services company PNI Digital Media.
By Daphne Howland • July 21, 2015 -
US clothing group: Alibaba is failing to curb faux goods
The American Apparel & Footwear Association sent an open letter to Alibaba Group's Jack Ma over what it says is a lack of progress combating the sale of fakes on its website.
By Daphne Howland • July 20, 2015 -
CVS warns of possible photo site breach
The problem is a reminder that the introduction of chip-and-PIN or EMV credit cards is hardly the last answer to payment data breaches.
By Daphne Howland • July 20, 2015 -
Deep Dive
How a recall can actually help — and not just hurt — a retailer's brand
By alerting customers to product quality issues in a timely manner, retailers can enhance customer loyalty and even help their brand image.
By Daphne Howland • July 1, 2015 -
Wal-Mart reinstating greeters as part of anti-theft push
The retailer is testing the return of the Wal-Mart door greeter, who may be checking receipts as customers leave and otherwise help deter theft.
By Daphne Howland • June 22, 2015 -
Wal-Mart pushes to crack down on theft
Its recent wage increases may mean that the retailer needs to trim fat elsewhere.
By Daphne Howland • June 5, 2015 -
OTA names most trustworthy online retailers
The announcement during IRCE revealed American Greetings leads in security, privacy and consumer protection.
By Ian P. Murphy • June 3, 2015 -
Deep Dive
Why fake goods are a real problem—and what retailers can do about it
Fake goods are becoming commonplace in emerging online markets. What should retailers do?
By Daphne Howland • May 27, 2015 -
Banks shoot down Target's $19M data breach settlement
$19 million covers only a fraction of the costs, banks say.
By Ian P. Murphy • May 27, 2015 -
After Lilly Pulitzer debacle, Target cracks down on resellers
Its much-anticipated Lilly Pulitzer line was scooped up swiftly and in huge volume by eBay sellers who bought and listed the merchandise online at big markups, upsetting customers and denying Target a way to connect with them.
By Daphne Howland • May 22, 2015 -
Luxury goods company sues Alibaba, alleging counterfeits
The Chinese e-commerce giant will fight a lawsuit brought by Gucci parent Kering.
By Ian P. Murphy • May 18, 2015 -
Investors hit Etsy with suit over alleged fraud
Etsy’s shares have fallen since it was revealed that its issue with fake goods is quite serious.
By Daphne Howland • May 18, 2015 -
Lumber Liquidators halts sales of Chinese laminate flooring
The retailer has also hired former FBI chief Louis J. Freeh to help with its own investigation.
By Daphne Howland • May 8, 2015 -
Sally Beauty investigating 'unusual activity' on customers' cards
The news comes little over a year after the retailer suffered a hack that stole payment card numbers and security codes from thousands of customers.
By Kelsey Lindsey • May 4, 2015 -
Lowe's halts sale of laminate flooring after report
The move is in response to a report that some of Lowe's laminate flooring may be contaminated by toxins.
By Daphne Howland • May 4, 2015 -
UPDATE: Banks object to Target and MasterCard settlement over breach
A group of small banks and credit unions say that the settlement is a "sweetheart deal" meant to undermine their own claims.
By Daphne Howland • April 23, 2015 -
Specialty, luxury stores pay the highest retail rents: report
Not surprisingly, rent expense as a percentage of sales falls for more productive retailers, according to this report commissioned by CNBC.
By Daphne Howland • April 23, 2015 -
House approves cybersecurity bill
The measure gives retailers liability protections when sharing breach and cybersecurity information and preempts some confusing and contradictory state laws.
By Daphne Howland • April 23, 2015