December 23, 2014

Spend on prepaid gift cards is on the rise this holiday season, as a significant majority (70%) of shoppers plan to purchase gift cards this season, according to an interim holiday spending report released by Stored Value Solutions, a provider of gift cards and stored value services.

December 22, 2014

A Delaware judge has denied a request  to block Tuesday's vote by Family Dollar Stores on a  $8.5 billion take-over bid by Dollar Tree,  saying dissident shareholders "failed to demonstrate a reasonable probability of success on any of their claims."  

December 19, 2014

Dollar General Corp. stated on Dec. 19 that it remains actively engaged in discussions with the Federal Trade Commission (FTC) regarding the extent of potential divestitures that would be required in connection with an acquisition of Family Dollar Stores Inc.

December 17, 2014

Payment technology provider First Data and secure payment acceptance technology vendor Verifone, are partnering to help retailers reduce exposure to large-scale consumer payment data breaches and expedite acceptance of EMV-enabled credit and debit cards in advance of the October 2015 liability shift for EMV-enabled payment card fraud.  

December 17, 2014

Dollar General is offering free shipping on all purchases made online at on Thursday, Dec. 18, 2014, with the guarantee all in-stock purchases will arrive on or before Dec. 24, 2014. 

December 17, 2014

Starbucks Corp. anticipates record purchases of Starbucks gift cards on Dec. 24, citing the trend for customers to push their gift card purchases later and later. 

December 16, 2014

The top holiday purchase items this year range from the less personal to the very personal. 

December 15, 2014

Retail real estate services provider Phillips Edison & Company has named Thomas L. Drake, CPA to the role of VP of tax. In his new role, Drake will be responsible for leading all aspects of the tax functions for the organization.

December 12, 2014

EMV is a great way to combat counterfeit cards at the point of sale (POS), but it does nothing to prevent the types of breaches seen in recent news headlines.

December 12, 2014

Consumers view the “right” payment method, (accessing points, discounts, and special offers,) as a critical part of the purchase process – good news for branded private label cards which allow retailers to cultivate loyalty, improve operating results, and gain sustainable competitive advantage. 

December 10, 2014

Gift cards will surpass $124 billion in sales in 2014, up 5% from 2013. 

December 10, 2014

Gift cards will surpass $124 billion in sales in 2014, up 5% from 2013. 

December 5, 2014

Dollar General Corp. and Dollar Tree engaged in a verbal war on Friday as they both seek to acquire Family Dollar. 

December 4, 2014

While the outcome of Dollar General Corp.'s plan acquire rival Family Dollar Stores remains unsettled, the company remains committed to organic growth.

 

November 26, 2014

Casey’s General Stores Inc. will revise its financial statements for fiscal years 2012, 2013 and 2014 and the first quarter of fiscal year 2015, due to a $31.5 million error in how it accounted for excise tax on sales of ethanol fuel. 

November 24, 2014

Starting this month, social media users and others can send each other beers, cocktails and food items as gifts via a growing number of gift card options and features from Applebee’s Neighborhood Grill & Bar.

November 24, 2014

By: David Kidd,  Peak 10   Data privacy and security remain top concerns for retailers. There is good reason for that.  The Target breach compromised approximately 70 million records. The Home Depot breach potentially impacted another 60 million consumers. As I write this article, reports are being made public about a breach involving the office supply retailer Staples. We can no longer deny that cybercrime is a real and growing threat to the retail sector.

November 20, 2014

Seven in 10 (71%) consumers intend to purchase at least one gift card  from an online website or mobile website/app during the upcoming holiday season, while 74% will buy at least one digital gift card. 

November 19, 2014

BJ's Wholesale Club’s Mastercard program ups the ante in the wholesale club credit card category. The new My BJ's Perks MasterCard will offer members 10 cents off per gallon of BJ's gas, up to 5% back on purchases in-club and at BJs.com, 2% back on eating out and non-BJ's gas purchases, and 1% back on purchases made everywhere else MasterCard is accepted. 

November 19, 2014

Dollar General Corporation isn’t giving up. The deep discounter on Wednesday  affirmed its commitment to the acquisition of rival Family Dollar Stores. 

November 13, 2014

During the 2014 holiday season, spending on tiny plastic or digital gift cards will top all previous records.

November 13, 2014

Having a Friday Halloween helped boost spending growth in October. 

November 12, 2014

A recent survey by the National Retail Federation found that 20 to 40 % of small and mid-sized retailers’ annual sales occur within the last two months of the year.

November 5, 2014

 

Retailers can keep customer data safe and also protect themselves against fraud-related losses by complying with PCI Data Security Standards, including the October 2015 deadline for U.S. retailers to accept cards with Europay, MasterCard and Visa (EMV)-compliant chips, advised Bob Russo, general manager, PCI Security Standards Council.