Walmart is Betting on Stronger Online Sales for 2018 In preparation for its annual investor’s conference, retail giant Walmart hinted at a future when the company would be a strong competitor to Amazon, the absolute global leader in online sales and ecommerce operations. Investors reacted very positively to the news, including a projection by Brett […]
Online sales boom, Walmart Expects 40% Increase Read More »
The Retail Industry is Far from Dead For all the talk about how e-commerce has advanced to the point that online shopping has obliterated the brick-and-mortar experience, the evidence cited in this regard is tenuous at best. Those who believe that e-commerce will make shopping mall disappear will often mention the meteoric rise of Amazon
Retail isn’t Dying, it’s Evolving Read More »
Though the high-profit potential of Bitcoin and other cryptocurrencies offers irresistible bait to that powerful under-36 demographic we call millennials, it’s not time to write the stock market obituary just yet. Popular stock market apps have made online trading of stodgy old Wall Street firms seem cool and new again. The truth is that
Stocks and Bitcoin Battle for Millennials’ Investing Dollars Read More »
Whole Foods has been in the news lately due to its recent acquisition by Amazon, which brought about in-store discounts for Amazon Prime members. Unfortunately, not everything is peachy at Whole Foods: in late September, the grocery outlet suffered a large-scale data breach, in which several of its point-of-sale systems in their taprooms and full
Whole Foods Data Breach [2023 Update] Read More »
Data Breach after Data Breach The chaos of the Equifax data breach has left nearly every American feeling violated and confused. Hackers stole Social Security Numbers, birthdates, addresses, driver’s license numbers, and credit card numbers. Now they can use this information to rack up charges, open new accounts, steal benefit checks, and more. Secure payment
Was I affected by the Equifax data breach? How do I protect myself? Read More »
Protecting Yourself After the Sonic Drive-In Breach Customers who have recently been to a Sonic Drive-In may want to keep an eye on their debit or credit cards. The company recently reported that there was a breach in their merchant services system that resulted in the theft of debit and credit card information for five
Sonic Drive-In Hit With Major Data Security Breach Read More »
How and Why Shake Shack is Opening Cashless Burger Joints Just when the world thought buzzers were the most cutting-edge ideas of the food industry, Shake Shack, a burger joint based in New York City, decided to try something different and innovative. They will be opening a cashless Shake Shack New York City at Astor Place
Shake Shack Goes Cashless Read More »
Yesterday the U.K.’s Treasury Ministry ruled to forbid surcharges on debit and credit purchases. The ban is to go into effect January of 2018. In recent years merchants have been imposing surcharges to their customers for using credit or debit cards. They, in essence, were passing along the fees that the merchant would incur from
UK Bans Surcharges for Credit Card Transactions Read More »
It looks like Visa wants to kill cash transactions. The credit card company announced last week that they are spending $500,000 to get restaurants to move completely cashless. They say they will give $10k to each of 50 “qualifying restaurants, eateries, cafes, and food trucks” as an incentive to make the transition. The gift
Visa Goes to War Against Cash Read More »
As Amazon.com’s market share grows, retailers are feeling the pressure. They aren’t the only ones. Vantiv’s acquisition of Worldpay is putting the squeeze on payment processing companies in much the same way. On Wednesday Vantiv agreed to pay 7.7 billion pounds ($9.9 billion USD) for Worldpay Group PLC, both payment processing companies. This move will greatly increase Vantiv’s
As conglomerate payment processors grow larger will it hurt merchants? Read More »
If you’re still using computers and other hardware from a decade ago, it’s probably time for an upgrade. The technology of today is significantly more powerful and efficient than what was available 10 years ago, so upgrading your equipment can help make sure you keep up with the times. Signs Its Time To Upgrade Here
5 Signs Its Time To Upgrade [2023 Update] Read More »