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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. She has her Associate in Risk Management (ARM) designation and holds a Master’s in Business Administration with an emphasis on Strategic Management from St.

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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. Brick-and-mortar dominates the retail scene, with ecommerce projected to account for just 7% of sales this year, up from 3% in 2017.

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

Retail TouchPoints

As an organization, we’ve grown through the wholesale side,” said Van Dijk. Now we have a lot more owned-and-operated stores, and when you build a system to target mostly wholesale, that’s a whole different level of transactions than if you have your own stores.

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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

Established in 2014, Ader Error is an anonymous design collective that specialises in a few creative disciplines including fashion, art, graphic design, and architecture. According to founder and creative director DoHun Kim, nearly 40 per cent of the business can be attributed to wholesale, while direct retail accounts for 60 per cent.

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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. Facebook’s market-leading position is in part due to the sheer volume of traffic it generates, accounting for 65 per cent of all social media traffic to Shopify.