Monday investors were thrilled to learn CVS health will buy Target pharmacies for $1.9 Billion. Mad Money host, Jim Cramer, commented on how ideal the sale was for both companies. Not only is there a large number number of baby boomers in need of health care, health insurance has become more widespread. The healthcare industry […]
Retail Giant Target Sells Pharmacies to CVS Read More »
As consumers are poised at the advent of the holiday season, the recent security lapses at the retail point of sale continue to reverberate, and according to Wayne Rash writing for tech observer eWeek.com, it isn’t looking great for brick-and-mortar retailers. Buyers continued to be worried about credit card security breaches to the point that
Will CurrentC Make It Alone? Don't Bank On It Read More »
Retailers share the view that retail point of sale is under siege from online criminals. And now, ahead of the holiday shopping season, they’re being asked to deploy a variety of new solutions designed to improve the retail experience for their customers. “And that puts an undue burden on retailers of all size,” says Merchant
Retailers See High Cost Of In House Payment Processing Read More »
Changing budgets and tastes, the growth of online shopping and security at the point of sale all represent challenges, and opportunities, for retailers. In the last year, mobile point of sale (mPOS) has also continued to grow and evolve. Industry researchers point to the advent of tablets and powerful apps as driving the revolution in
Retail Accepts Its Mission mPOS-able Read More »
The world’s largest convenience store franchiser, 7-Eleven, is nearing completion of prepping stores from its 2011 Wilson Farms store chain at a store franchising sale in Western New York. Part of the company’s national strategy, 7-Eleven purchased the 188-store Wilson Farms chain and shed some 30 stores through auction, closed others and prepared the 90
7-Eleven Readies Its Wilson Farms Buyout For Franchisees Read More »
News has arrived of another point of sale (POS) security infiltration; one similar to those which compromised Target, Neiman Marcus, UPS, Michaels Stores, Walmart and SuperValu. We found details of the malware attack in a recent post on the personal finance website PFHub.com, “Malware Installed on Jimmy John’s POS System: Data Breach,” which states that
Purloined Vendor Credentials Lead To Jimmy John's Point Of Sale Fail Read More »
For the restaurant industry, August 2014 was the best sales month in more than two-and-a-half years — more evidence that the economic sector is recovering. In a recent online post, “Restaurant sales rose, traffic slid in August,” Nation’s Restaurant News (NRN) writes, “August was the best month for the restaurant industry in terms of sales
August Brings Some Heat Into Restaurants' Kitchens Read More »
In a recent Financial Times post, British columnist John Gapper claimed that the U.S. “lags behind badly in the basic infrastructure of retail banking” after receiving a “quaint” check for one dollar from a U.S. bank. The online payments and commerce gadflies pymnts.com rushed into the fray to defend against Gapper’s charges in a fun-to-read
Still Using That Quaint Payment Method? Check. Read More »
All politics is local. To what degree is that also true for quick-service brand marketing? Writing in her Talk of the Town column in QSRMagazine.com (QSRM), Nicole Duncan sees location-specific marketing as the new wave of social media. Duncan’s post, titled “Brands localize their social media presence to foster a more authentic consumer interaction,” provides
Quick-Serve Brands Move to Localize Their Social Media Read More »
Along with our customers, we’re buoyed by news that Americans, having emerged from winter hibernation, have relaxed their purse strings at quick service retailers. In a recent blog post, “Report: Consumer Spending at Quick Serves Grew in April,” QSRMagazine.com points to analysis by First Data Corporation which compared year-over-year sales data for April, 2014. FDC’s
Quick Serve Retailers Benefit from Consumer Spending "Mo" in April Read More »
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