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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

In 2014, cybercriminals used a third-party vendor’s credentials to enter Home Depot’s network and deployed malware on the self-checkout systems to steal customer information. While the report primarily focuses on how AI can optimize store layouts and marketing strategies, there is an underlying message on data security.

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Why international stores are key to Costco’s future growth

Inside Retail

Costco Wholesale Corporation, the world’s third-largest retailer after Walmart and Amazon, has a wacky fiscal year that is out of sync with most retailers: Its FY23 ended 3 September and its annual report was released on 11 October. In Asia, member-based companies have in the past focused heavily or exclusively on wholesale customers.

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Walmart-Owned Flipkart Raises $3.6B to Fund Next Stage of Growth in India

Retail TouchPoints

The Flipkart Group includes ecommerce marketplace Flipkart , digital fashion destination Myantra , Flipkart Wholesale , online travel company Cleartrip and a majority stake in the payments app PhonePe. The new funding is a major vote of confidence in the potential of digital commerce in India, still a relatively nascent market.

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How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

The ultimate goal is to deliver personalized, omnichannel experiences to customers in all of Pandora’s 100 markets. As an organization, we’ve grown through the wholesale side,” said Van Dijk. To do that will take a years-long effort, already underway, to break down data silos and transform the company’s global operations. “As

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One to watch: APAC goes all in on social commerce

Inside Retail

In 2021, it was projected to generate $363 billion in sales, up 36 per cent, year on year, accounting for 13 per cent of total e-commerce sales. This market-leading position can primarily be attributed to the sheer scale of China’s domestic market as well as the prevalent adoption of mobile payments among digital shoppers.

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SpartanNash names Petko EVP, Chief Supply Chain Officer

Mass Relators

He oversees all aspects of SpartanNash’s global supply chain, which serves 145 Company-owned stores, over 2,100 independent retailers and national accounts throughout the U.S., Petko previously served as senior vice president of supply chain for C&S Wholesale Grocers. as well as U.S.

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Five up-and-coming Korean fashion brands to have on your radar

Inside Retail

From 2020 to 2022, the country’s domestic fashion market grew by 10 per cent in revenue, from $28.36 Established in 2014, Ader Error is an anonymous design collective that specialises in a few creative disciplines including fashion, art, graphic design, and architecture. billion to $37.18 billion, respectively.

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