Don’t Let Credit Card Fraud Leave You With Only Coal in Your Stocking
By Greg Hammermaster, Sage Payment Solutions
According to a recent Forrester Research report, “U.S. Online Holiday Retail Forecast 2011,” online holiday sales will hit $59.5 billion, an increase of 15% year over year. Forrester estimates the growth will largely be attributed to the tight economy, as consumers look to the web for the best bargains.

And, according to Forrester, the surge will be furthered by the growing popularity and proliferation of web-enabled smart phones. While this spending increase may portend an economic recovery – a good thing, indeed – the bad news is credit card fraud is especially rampant during times when the overall number of credit card transactions increases exponentially.
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Pep Boys to be acquired in $791 buyout

The Pep Boys — Manny, Moe & Jack, has agreed to be taken private by private equity firm The Gores Group for about $791 million.
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TJX names new CFO
The TJX Cos. announced that Scott Goldenberg has been promoted to CFO, retaining his executive VP title, effective immediately.
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