News

Columbia Sportswear implementing tokenization and encryption solution from Merchant Link, Equinox and Voltage Security

BY Staff Writer

New York City — In response to Columbia Sportswear Co.’s desire to reduce its PCI scope for its retail locations by minimizing or eliminating the need to store any payment data on its network environment, payment processing and security vendors, Equinox Payments Voltage Security, and Merchant Link have collaborated to create a reliable, cloud-based payment solution to protect sensitive point-of-sale payment data.

In a joint effort to meet Columbia’s challenge and push the envelope on payment data security, Equinox’s payment terminals were combined with Voltage SecureData Payments solutions and Merchant Link’s TransactionVault tokenization and Payment Gateway.

“Our customers have high expectations when it comes to the quality of our products and the security of the payment information they entrust us with,” said Susan Leafe, retail application manager, Columbia Sportswear Company. “Equinox Payments, Voltage Security and Merchant Link have come together to enable a comprehensive, reliable payment solution that significantly reduces information security risk for us and for our customers while providing the scalability and ease of maintenance we desired.”

The initial pilot programs were completed prior to the holiday shopping season. Implementation across Columbia Sportswear’s 54 U.S. retail locations is expected to be completed by April 2012.

By integrating the latest payment technologies and security into a single solution, Columbia Sportswear will not only be able to secure transactions today, but will also be able to adjust and scale the solution when future payment methods such as contactless, electronic wallets and EMV become more mainstream.

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OPERATIONS

Glen Senk named CEO of David Yurman

BY Marianne Wilson

New York City — David Yurman on Wednesday announced that Glen T. Senk will join the fine-jewelry company as CEO, effective Feb. 27. Senk, who on Tuesday announced he was stepping down as CEO of Urban Outfitters, will take an ownership stake in the privately owned company.

“We have known and respected Glen for more than a decade — as much for his creative vision and inspired leadership as for his exceptional management and operational ability. His arrival will allow us to truly focus on what we love doing – designing – while we collectively build an even greater global brand and the company we’ve always wanted,” said founders David and Sybil Yurman.

Senk, 55, joined Urban Outfitters in 1994 as president of its Anthropologie brand. He was named CEO in 2007. Prior to joining the company, Senk served as senior VP and general merchandise manager of Williams-Sonoma, Inc. and CEO for the London-based Habitat International Merchandise and Marketing Group.

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News

Scanning the Globe: Hot New Stores

BY Marianne Wilson

Looking for a hit list of the hottest new stores outside of the United States? Check out of some of the contenders below. The information comes from the London-based retail consultancy echochamber.com.

Boxpark, London: The world’s first pop-up shopping mall — that’s right, a pop-up mall! — is made from some 60 shipping containers that were joined together over two levels and then stripped and refitted with an industrial finish. It is home to more than 60 fashion, art and lifestyle brands, along with cafes and art galleries. Although some big names are featured (including Nike and Levi’s), the emphasis is on innovative, cutting-edge brands.

Boxpark, which is located in London’s trendy Shoreditch area, opened on December 3, 2012, and is scheduled to remain open for five years. This is one of the coolest retail concepts I’ve seen in some time … and offers a great — and relatively inexpensive — way for burgeoning retail brands to get some footing.

Bloomingdale’s, Dubai: Bloomingdale’s first international store is, in the opinion of some folks (including those at Echo Chamber) also its best store yet. Located in the very upscale Dubai Mall, the interior entrance is spectacular, featuring a huge, triple-height portal that is accessed via a bridge done in the retailer’s signature black-and-white checkerboard tiles.

Louis Vuitton Island Maison, Marina City Park, Singapore: The ultimate luxury fashion destination, this stunning glass and steel pavilion sits on the waterfront of the Marina Bay promenade. Visitors enter by private boat via its own jetty, by bridge, or by an underground tunnel that runs from the mall at the Marina Bay Sands complex. The 41,000-sq.-ft. store features the brand’s complete offering, from men’s to women’s collections, to jewelry. The interior is designed to resemble a luxurious ocean liner or yacht, complete with teak floors and portholes.

Zara, Rome: One of the largest Zara stores in the world, the Rome flagship is located on Via del Corso in a 120-year-old palazzo that was previously home to the department store La Rinascente. The five-level store is not only beautiful, it’s also extremely eco-friendly, and will seek LEED certification.

Paul Smith, Seoul: Seoul is a hotbed of retail innovation, according to echochamer, as Paul Smith’s new, three-level flagship so aptly illustrates. It boasts a strikingly contemporary façade, with a tilted, perforated roof and organic lines.

K Mart, Melbourne, Australia: Sleek and futuristic, the new K Mart prototype illustrates a trend that echochamber calls “push for posh,” whereby big-box and discount retailers are investing in sophisticated design. The lighting is particularly cool.

C&A, San Paulo, Brazil:
This is the mid-market retailer’s most glamorous store to date, with a grand circular staircase and a three-floor fashion wall lit with LEDs. Another example of the “push for posh” move.

For more hot stores, go to echochamber.com/n2k_menu.htm.

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