Indianapolis-based company Simon Property has launched a hostile bid to acquire rival Macerich for $22.4 billion. If the deal manages to go through, two of the U.S.’s three largest shopping mall operators would be combined into a single entity. Get the Full Story Complete the...
Today, trade consists of two sales channels: physical stores and online.But what mobile wallet SEQR, provided by Seamless, sets out to do with Shop Spot is provide create a third sales channel — from every type of media. The feature targets merchants, brands and media,...
Another point-of-sale vendor has been hit by cyberthieves. NEXTEP Systems has confirmed that a breach exposed payment card data for cards used at the Zoup restaurant chain, which uses POS devices from NEXTEP, Krebs on Security reported. Get the Full Story Complete the form to...
Sandwich chain Subway is testing a link between its loyalty program and access to its in-store Wi-Fi – and it’s trying out the new approach in some places that aren’t accustomed to being mobile technology guinea pigs. Get the Full Story Complete the form to...
Alibaba is shaking up its e-commerce operations in China, putting all three of its major platforms under Alibaba co-founder Jeff Zhang, Reuters reported on Monday (March 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Everyone believes mobile payments are the next big thing. It’s just that no one quite knows when that next big thing is likely to take off, or what exactly it’s going to look like. Get the Full Story Complete the form to unlock this article...
Federal Trade Commission Chairwoman Edith Ramirez defended a recently released draft of the Consumer Privacy Bill of Rights at a privacy conference last week, saying the draft document included some loopholes that concerned her but calling it “a discussion document” on which a more robust...
Beauty retailer Sephora is rolling out beacons, iPhone-based augmented reality and an Amazon Prime-style shipping service as part of a “digital experience” makeover of its U.S. stores, according to Forbes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Airbnb and Zipcar are among the 21 founding members of Sharing Economy UK, a trade group intended to champion companies in the U.K.’s sharing sector, according to The Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...