When preventing the type of data breaches that have recently gotten the names of several major retailers in the news for all the wrong reasons comes up, the discussion focuses almost exclusively on what type of technology should be employed to prevent them.
U.S. household purchases rose 0.5% in November 2013. According to new figures from the U.S. Department of Commerce, this followed a 0.4% increase in October that was larger than previously reported and is the largest increase since July 2013.
Burlington Coat Factory credited the unusually cold winter experienced by many parts of the country, which dampened the first quarter results of many retailers, for helping to drive its strong financial performance during the first quarter.
Chico's reported a lower-than-expected profit of $51.1 million for the first quarter, excluding non-recurring acquisition and integration costs related to its Boston Proper acquisition, versus a profit of $54 million in year-ago period.