The National Retail Federation on Wednesday told a congressional panel that the retail industry is committed to safeguarding and protecting consumer data and information from cybercriminals and hackers.
The National Retail Federation has announced that it is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies, as well as partners in the financial services sector.
Warmer spring weather spurred continued consumer spending and activity this March. According to the National Retail Federation, March retail sales — which exclude automobiles, gas stations and restaurants — increased 0.8% adjusted month-to-month and 1.6% unadjusted year-over-year.
Total U.S. retail sales during 2013 reportedly reached $4.5 trillion, a 4.2% increase from $4.4 billion in 2012. According to new data from EMarketer, e-commerce sales of $263.3 billion, up 16.9% from $225.3 billion the prior year, helped drive overall retail sales growth.
In the wake of acquiring Houston-based RediClinic, Rite Aid on Thursday reported revenues of $6.6 billion for the fourth quarter ended March 1, resulting from a 2.2% lift primarily attributed to an increase in pharmacy same-store sales.
Not Your Mother’s hair care brand expanded its U.S. retail distribution with more than 10,000 stores and almost doubled its SKU count in first quarter 2014, and now the manufacturer is broadening its international reach by launching in Walmart Mexico.
Rite Aid on Monday announced that David Abelman, a retail veteran with more than 25 years’ experience, is joining the company as SVP brand development and innovation. His appointment is effective immediately.
As retail-based health clinics and the practitioners who work in them become an increasingly important players within the U.S. health care system, the industry is gearing up for the seventh annual Retail Clinician Education Congress in May, which will include the highly anticipated Business Leadership Track.
Wake Forest University School of Business Center for Retail Innovation has announced that CVS Caremark will co-host the annual Retail and Health Innovation Challenge with the Center for the next five years, through 2018.
Kroger on Wednesday partnered with eInfochips and Wincor Nixdorf on a new enterprise IT architecture called Retail Site Intelligence, the companies announced at the International Security Conference and Expo.