Prosecutors to seek 25 years for TJX hacker
Boston The prosecution in the case against the computer hacker who helped orchestrate one of the largest thefts of credit- and debit-card numbers in U.S. history said they intend to seek a 25-year prison sentence as punishment.
Albert Gonzales, convicted of hacking into computer systems of major retailers, including TJX Cos., BJ’s Wholesale Club and Sports Authority, could potentially receive the maximum sentence allowed under the terms of plea agreements in cases against Gonzalez brought in Massachusetts, New Jersey and New York.
He will be sentenced in all three cases during hearings Thursday and Friday in U.S. District Court.
His lawyer will argue that Gonzalez should get no more than 15 years. Prosecutors said Gonzalez victimized millions of people and cost companies, banks and insurers nearly $200 million. They said just two of Gonzalez’s computer servers contained more than 40 million distinct credit- and debit-card numbers.
Target selects DemandTec for assortment optimization
SAN MATEO, Calif. Target has selected DemandTec’s nextGEN Assortment Optimization software service to further tailor and localize its assortments, DemandTec reported.
The Assortment Optimization software enables retailers to optimize assortments across multiple categories, taking into account shopper insights and preferences.
“Like pricing in recent years, assortment planning has permanently changed. Rank reports and basic analytics simply don’t provide major retailers with the right insights they need to optimize and localize assortments for different store clusters, store layouts, and customer segments,” said Dan Fishback, president and CEO of DemandTec. “Target selecting DemandTec’s Assortment Optimization is a testament to this change and we are honored to further expand our strategic relationship with such an innovative industry leader.”
Capturing the Twi-hards
Target is looking to take a bite out of the “Twilight” competition, by offering its selection of exclusive merchandise and promoting all things “New Moon” on its Web site.
The retailer, like Walmart, is offering its own “exclusive” DVD version of The Twilight Saga: New Moon along with clothing, toys and other items related to the popular film.
Target stopped at going the length Walmart has to garner Twilight fans. Walmart is featuring limited-time “Twilight Saga Shops” in its stores that, in addition to including the DVD and themed merchandise, showcases food and other items to complete a movie viewing experience.