Christmas season retail hiring is expected to significantly outpace the level seen in 2013.» Read More
NEW YORK— Card data of Supervalu and Albertsons shoppers may be at risk in another hack, the two supermarket companies said Monday. Supervalu said the malware was installed on a network that processes card transactions at several chains, but it believes data was only taken from certain checkout lanes at four Cub Foods stores in Minnesota.
The department store chain, which also operates Bloomingdale's, said Monday that the growth is being fueled by its expanding online business.
NEW YORK— Shares of some top big-box retail companies are mixed at 10 a.m.:. Costco Wholesale Corp. fell$. 52 or. 4 percent, to $125.14. Wal-Mart Stores Inc. fell$. 05 or. 1 percent, to $76.07.
Costco Wholesale Corp. fell $1.96 or 1.5 percent, to $125.66. Target fell $1.00 or 1.6 percent, to $62.88. Wal-Mart Stores Inc. fell$. 96 or 1.2 percent, to $76.12.
NEW YORK— Shares of some top big-box retail companies are down at 1 p.m.:. Costco Wholesale Corp. fell $1.54 or 1.2 percent, to $126.08. Wal-Mart Stores Inc. fell$. 78 or 1.0 percent, to $76.30.
Jimmy John's said a hacker accessed payment systems on July 30 at 216 of its stores and franchised locations and stole credit and debit card data.
The "Fast Money" traders share their final trades of the day.
Sept 24- Sandwich restaurant chain Jimmy John's said there was a potential security breach involving customers' credit and debit card data at 216 of its stores and franchised locations on July 30. The chain is the latest victim in a series of security breaches among retailers such as Target Corp, Michaels Stores Inc and Neiman Marcus.
Wal-Mart is teaming up with Green Dot to supply checking accounts to almost anyone over 18 who passes an ID check. The NYT reports.
Data breach at retailer Home Depot has led to fraudulent transactions across the United States, draining cash from customer bank accounts.
Sept 23- Data breach at home improvement retailer Home Depot Inc has led to fraudulent transactions across the United States, draining cash from customer bank accounts, the Wall Street Journal said.
MINNEAPOLIS— Amazon.com Inc. will begin to collect sales taxes from Minnesota customers next week, indicating the online retailer is expanding in the state, according to experts. Amazon may be starting a local operation that requires it to do so in accordance with a state law passed in July 2013, the Star Tribune reported.
The positive holiday hiring predictions aren't just good news for the retail industry; they have implications for the overall economy.
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. fell$. 55 or. 4 percent, to $125.28. Wal-Mart Stores Inc. fell$. 71 or. 9 percent, to $75.60.
The announcement follows news from J.C. Penney and Target, which said last week they will keep their hiring figures flat for 2014.
Data breaches at retailers aren't going away but there are ways consumers can protect themselves from future heists of their payment card information.
Home Depot said Thursday that malicious software lurking in its check-out terminals between April and September affected 56 million debit and credit cards that customers swiped at its stores. The Department of Homeland Security Department warned last month that more than 1,000 retailers could have malware in their cash-register computers.
The risks were clear to computer experts inside Home Depot: The chain, they warned for years, might be easy prey for hackers. NYT reports.
Jim Cramer has a message for executives at Staples. He has a plan that could do wonders for the company.
Target will hire 70,000 seasonal workers this holiday, Wal-Mart 60,000 and J.C. Penney 35,000.