FINANCE

Target lawsuits consolidated in Minnesota

BY Dan Berthiaume

Minneapolis – All lawsuits relating to the 2013 data breach at Target Corp. will be consolidated before a single court in Minnesota. The U.S. Judicial Panel on Multidistrict Litigation has assigned all data breach suits to be heard by U.S. District Judge Paul Magnuson in Minnesota.

There are currently at least 33 separate lawsuits in 18 districts related to the breach, and more may still be filed. The panel’s order stated that consolidating the suits will eliminate duplicative discovery, prevent inconsistent pre-trial rulings, and conserve the resources of the parties and the judiciary.

The case is in re: Target Corporation Customer Data Security Breach Litigation; case number 02522, U.S. District Court, Minnesota.

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REAL ESTATE

Urban Outfitters set to unveil new concept, Space Ninety 8

BY Marianne Wilson

New York — Urban Outfitters will unveil a new concept, Space Ninety 8, on April 4, in the hip Willliamsburg section of Brooklyn, N.Y.

The five-level space is located in a renovated warehouse and has an industrial look, complete with exposed ceilings and brick walls. The basement will house a rotating series of pop-ups, while the first floor will showcase independent designers and vendors, according to the Village Voice. The first floor will also be home to a vintage shop, called Urban Renewal.

The second and third floors will feature Urban Outfitters’ men’s and women’s collections, along with home goods. The third floor will also feature an East Coast outpost of trendy Los Angeles restaurant Gorbals (by former Top Chef winner Ilan Hall).

The fourth level will feature an outdoor extension of the restaurant and bar space, the report said.

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MARKETING/SOCIAL MEDIA

Survey highlights role of mobile in in-store shopping

BY Staff Writer

New York — Consumers worldwide are increasingly using multi-platform devices, especially mobile, to enhance their in-store shopping experience, according to a study by global digital and technology agency DigitasLBi.

In the study, "Connected Commerce: A Snapshot of the Modern Shopper,” 71% of Americans say that using a mobile phone while shopping inside a store could affect their buying decisions.

The percentage of consumers who have purchased an item online via smartphone in the last three months varies by country: 70% so in China, 22% in the U.S., 13% in France, and 6% in Belgium. Additionally, 79% of people in China go online on their phone while shopping in-store, compared to 37% in the U.S., 27% in France, and 16% in Belgium.

The practice of ‘showrooming’ has become a prevalent global trend. It is most common in Sweden, where 88% of consumers research a product in-store before buying online, followed by 84% in China, 66% in the U.S., and 48% in Belgium.

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