As the festive season approaches, retailers are bracing for a potential tsunami of cyberattacks, with cybersecurity experts warning of an alarming rise in threat activity. The 2024 Retail Risk Report by Trustwave has highlighted a significant surge in cyberattacks against retailers, particularly
The retail industry is undergoing a profound transformation, driven by the integration of Internet of Things (IoT) technologies. These advancements are reshaping various facets of the retail landscape, from inventory management and customer experience to security and loss prevention. By leveraging
Consumer feedback plays a pivotal role in driving innovation at Citi Retail Services, particularly when it comes to developing their Citi Pay product line. Terry O’Neil, the head of connected commerce and strategic growth for Citi Retail Services, shares extensive insights into how the company
In the fast-paced world of retail, merchandisers are constantly inundated with massive amounts of data. Historically, decisions were made on intuition and limited data points. Today, they have access to an extensive array of data sources — from real-time sales to customer behavior analytics. Yet,
Simbe, a leading provider of retail automation solutions, recently announced a substantial achievement in securing $50 million in Series C equity financing. This funding milestone was primarily driven by Growth Equity at Goldman Sachs Alternatives, with notable participation from Eclipse, Valo
The Department of Trade and Industry (DTI) in the Philippines has launched an ambitious initiative to modernize the wholesale and retail trade sector, aimed at generating significant economic growth and job opportunities. Collaborating with the Philippine Retailers Association (PRA) and the Supply
