Retail

Mobile Tops Retailers’ Priorities — Except In Budgets
February 10, 2015

Smartphones’ share of online retail sales jumped 50 percent in 2014, and mobile continues to top retailers’ marketing priority lists, according to a new report from Forrester Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Mobile
Banks May Use Retail Beacons To Benefit Own Apps
February 09, 2015

Are banks ready to hone in on mobile offers delivered via beacons? Beacon network Mobiquity is hoping that’s the case, Mobile Commerce Daily reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Loyalty & Rewards
Wendy’s Serves Up New Mobile Payments System
February 09, 2015

Wendy’s is looking to payments as a way to pull customers in and keep them returning. The fast-food chain is installing a standardized point-of-sale system in more than 2,600 locations to use as a mobile marketing platform, Mobile Commerce Daily reported. Get the Full Story...

Loyalty & Rewards
Niemann Foods Stocking Stores With iBeacons
February 06, 2015

Beacons, it turns out, aren’t just for the big kids. The Niemann Foods supermarket chain is putting iBeacons in all 45 of its County Market stores across Illinois, Iowa and Missouri, according to Mobile Commerce Daily. Get the Full Story Complete the form to unlock...

Forrester: Online Retail In China Will Hit $1T By 2019
February 06, 2015

Online shoppers in China are shifting to mobile, and that’s going to push retail e-commerce spending there past the $1 trillion mark in 2019, up from $307 billion in 2013, according to a new Forrester report. Get the Full Story Complete the form to unlock...

Cybersecurity
Rising Mobile Commerce Fraud Costing Retailers
February 06, 2015

Mobile commerce fraud is costing retailers an average of 3 percent of their total revenues, and the faster m-commerce grows, the more fraud will cost, according to a study released Thursday (Feb. 5). Get the Full Story Complete the form to unlock this article and...

Macy’s Buys Beauty Retailer Bluemercury for $210M
February 05, 2015

In an effort to grow the company’s beauty retail portfolio, Macy’s announced on Feb. 4 that it will purchase beauty business Bluemercury for $210 million in cash, according to The Drum. The transaction is expected to be completed by the end of Macy’s first fiscal quarter...

Cybersecurity
As Mobile Commerce Grows, M-Commerce Fraud Grows Even Faster
February 04, 2015

The number of retailers who offer customers a mobile commerce option has doubled in the past year — but m-commerce fraud is growing even faster, according to a new study from LexisNexis. Get the Full Story Complete the form to unlock this article and enjoy...

60 Percent Of Shoppers Say Payment Security Is Inadequate
February 04, 2015

Current retailer security for protecting credit card and personal information isn’t strong enough. That’s the takeaway from a Bizrate survey released on Tuesday (Feb. 3) that found 60 percent of consumers said payment security is inadequate at brick-and-mortar stores, websites and mobile commerce sites and...