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"Everyone in this country should assume that their personal information is already compromised," says one expert.
Hackers that stole credit and debit card information from Target likely used tools that have been in the computer underground for a long time.
There are at least six ongoing attacks at US merchants whose systems are infected with the same type of software used to steal data from Target.
AB InBev is in advanced discussions to buy South Korea's Oriental Brewery from private equity owners KKR& Co LP and Affinity Equity Partners.
It's hard to drown out all the negative noise coming from the retail sector this year, but not everyone had a bad holiday.
The government sent a 16-page technical bulletin to retailers and other merchants that describes the techniques used to attack Target late last year.
Mary Epner, Mary Epner Retail Analysis principal, and CNBC's Kelly Grant discuss the state of the retail business and if malls are dead.
This year will bring good news to the wine industry despite aging boomers presenting a question mark for future demand, according to a new report.
Struggling department store J.C. Penney on Wednesday announced that it will close 33 underperforming stores and slash 2,000 jobs.
Best Buy said revenue and sales at its established U.S stores fell in the holiday season due to intense discounting by rivals.
Apollo Global Management LLC said it would buy CEC Entertainment, the parent of Chuck E Cheese restaurant chain, for about $948 million.
Citibank plans to reissue all customer debit cards involved in the data breach at Target, making it the second major bank to do so. The NYT reports.
Experts at this year's retail federation convention had plenty of ideas for what's ailing the sector—and possible solutions.
For more than two decades, people have been slinging back wine at an ever increasing level, according to Wine Institute data.
Retail stocks in the U.K. have seen a spike in short-selling since the start of the year, according to financial research firm Markit.
British retail sales came in way above expectations in December, official data showed, posting the largest annual rise since 2004.
Thomas Stemberg, Highland Consumer Fund managing general partner, discusses the concerns surrounding the retail sector and provides his outlook for Best Buy and Amazon.
Bill Tancer, Experian Marketing Services, says retailers that will win in 2014 have to understand the consumer. CNBC's Jon Fortt and Michelle Caruso-Cabrera weigh in.
Best Buy reported a disappointing holiday season with U.S. comps down 0.9 percent. CNBC's Courtney Reagan reports.
The Department of Homeland Security and the Secret Service have distributed a confidential report to retailers that describes the techniques used by hackers. CNBC's Hampton Pearson reports.