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CVS Follows Rite Aid, Shuts Off Apple Pay

Last Thursday drug store chain Rite Aid Inc. (NYSE: RAD) reportedly stopped accepting payments made through the just-launched Apple Pay system from Apple Inc. (NASDAQ: AAPL). On Saturday, CVS Health ...
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FedEx Predicts Record Holiday Season Shipments

Package delivery service FedEx Corp. (NYSE: FDX) said on Wednesday that it expects global shipments to rise 8.8% during this year’s holiday season to a total of more than 290 ...
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Target Offers Free Shipping on Almost Everything

Target Corp. (NYSE: TGT) has taken the "free shipping" trend of e-commerce to a whole new level. Between now and the end of December, it will offer "free shipping" on ...
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Kmart Stores Hit by Hacking Attack

Late on Friday afternoon, Sears Holdings Corp. (NASDAQ: SHLD) announced that its Kmart stores had detected an attack on the store’s payment data systems. The company said that the breach ...
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Insider Selling Very Mild as Market Rout Hammers Stock Prices

In a perfect world, insiders and 10% holders of corporate publicly traded stocks would like to be sellers when the market is cresting, not when the market is in a ...
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Costco Same-Store Sales Up 6% in Last Quarter

Costco Wholesale Corp. (NASDAQ: COST) showed just how different it is from other big-box retailers that have struggled with growth. Same-store sales for the quarter that ended August 31 soared ...
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Retailers Hiring the Most Employees for the Holidays

Retailers across the nation are accepting waves of new employee applications in preparation for the imminent 2014 holiday hiring season. Seven of the nation’s largest retailers will together add nearly ...
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Data Breaches Expose 75 Million Records

Hackers have done even better than most people who do e-commerce business or store content online only might imagine. A new study from research firm Identity Theft Resource Center claims ...
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75 Million Records Breached to Date in 2014

There have been a total of 568 data breaches recorded so far in 2014 by the Identity Theft Resource Center (ITRC). Just over 75 million records have be exposed, including ...
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Facebook Climbs in Ranking of Top 50 Web Properties

Digital media research firm comScore has released its ranking of the top 50 U.S. Web properties for August, and once again the list is topped by Google Inc. (NASDAQ: GOOG). ...
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Home Depot’s Free Identity Protection Offer May Be a Little Too Low-Key

Home Depot Inc. (NYSE: HD) announced last Friday that the recently discovered data breach at its stores affected 56 million customers. The company said it had eliminated the malware responsible ...
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Microsoft Shares Up 43%: Can They Move Higher?

Microsoft Corp. (NASDAQ: MSFT) shares have risen 43% in the past year, compared to 21% for the Nasdaq. Will the market buy into its new CEO's vision enough to keep ...
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Home Depot Breach Largest Ever in Retail Sector

There have been a total of 546 data breaches recorded so far in 2014 by the Identity Theft Resource Center (ITRC). Nearly 19 million records have been exposed -- and ...
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Walmart, Best Buy Reject Apple Pay

The list of banks, retailers and credit card issuers that will support Apple Inc.’s (NASDAQ: AAPL) recently announced Apple Pay mobile payments is long and growing. The company says Apple ...
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Macy’s Tries to Compete With Amazon

Macy's Inc. (NYSE: M) is the latest brick-and-mortar retailer to take a swing at Amazon.com Inc. (NASDAQ: AMZN). Its attempt at competition is through same-day delivery service. However, the program ...
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