Industry News - April 9th, 2010
|
RETAIL AND TECHNOLOGY NEWS
|
Major Retail Fraud Ring Hits Best Buy, Home Depot,
Macy's
|
Eight thieves were arrested for their involvement in a major Cleveland-based
retail fraud ring for conspiracy to commit wire fraud at Lowe's, Home Depot,
Staples, Best Buy, hhgregg, Macy's, Nordstrom, Saks Fifth Avenue, and Sears.
Individuals involved in the large-scale retail fraud scheme utilized "private
label" credit card accounts which are accounts offered to consumers specific to
a particular retail chain and are backed by independent financial institutions.
In this scheme, these individuals conspired together to contact creditor
customer service departments and utilized a variety of tactics to obtain
legitimate and active credit account information. This information was used to
defraud employees of these customer service departments into adding an
authorized user to an account, or change the account holder information to
reflect that of individuals that were part of this conspiracy who would act as
"runners."
After these "runners" were added as an authorized user, the "runner" along with
one or two associates would then go to a victim retailer and request that a
store employee look-up their account from personal identifiers that were
obtained from the scheme. At times, the "runners" had to show their valid ID or
recite the last four digits of the account holder's social security number as
proof they were authorized to use the account. The "runners" would then purchase
items and charge them to the account. The individuals involved in this
conspiracy had customers who would then purchase these items from them.
The victims of this scheme are the independent financial institutions who
believe that they have suffered losses of approximately $500,000 to $1,000,000.
|
In-Door Human GPS Tracker
|
A human RFID tracker from Destiny USA is transforming the way consumers shop
at the Carousel Center Mall in Syracuse, NY. Destiny USA technology relies on
RFID to track customers, products and mall employees. Shoppers are given an iPod
Touch to help them locate and pair products. The handheld device is tied to a
loyalty card program which tracks previous purchases and displays images of
recommended products in a shopper's size, preferred color and fabric. Clothing
for a Better Earth, a 1,100 square-foot eco-friendly clothing store, is the
first retailer to deploy the technology.
|
Integrated CCTV Counters Theft at U.K. Shopping Center
|
A UK-based shopping center is reaping benefits from implementing an integrated
IP-CCTV system fromIndigoVision.
The integrated surveillance solution interfaces 24 CCTV cameras with door entry
intercoms and plant equipment, at the UK's Arc Center, allowing security teams
to respond quickly to public safety issues and criminal activity in and around
the Center. Door Intercom units located at staff and delivery entrances are
interfaced to the IP video system via a digital input on the IndigoVision 8000
transmitter modules. When an Intercom call is made, an alarm is raised in the
control center. Then, IndigoVision's Security Management Software and the
nearest camera is automatically panned to a preset position and displayed on the
spot monitor. The location of the generated alarm also is highlighted on an
interactive map of the Center. The operator can then confirm visual identity and
open the door. The design and installation of the system was completed by Essex
based GES Security Services.
|
CIO of Under Armour to Address Top Retail Execs at RES 2010
|
Joseph D. (Jody) Giles, Chief Information Officer of Under Armour will keynote
this year's highly anticipated Retail Executive Summit (RES) which will take
place from June 16-18, 2010 at the Grand Del Mar in Del Mar, California.
Giles will address an audience of 100 high-level retail executives in a session
titled" Playing to Win," which will delve into how Under Armour developed a
playbook that focuses on business first and IT second to win in the highly
competitive sporting goods marketplace. Giles also will share insights into how
Under Armour uses innovation "one of its business pillars" along with
deep-rooted principles to win in a challenging business environment.
Joseph D. (Jody) Giles has served as Chief Information Officer for
Baltimore-based Under Armour since January, 2005. In that time, the company has
grown dramatically, experienced a very successful IPO, implemented SAP in eight
months and is completely revamping their supply chain and product development
systems.
Prior to assuming the challenges at Under Armour, Jody's career was based in
Southern California, where he served as CIO for Vans. He also worked in the
entertainment industry, serving as CIO for Virgin Interactive Entertainment and
Executive Director of Systems Planning for Paramount Pictures. Jody began his IT
career in the public utility industry, with Southern California Gas Company.
In 2004, Jody was named "CIO of the Year" by the Gartner Midsize Enterprise
Summit. He has been featured in several articles in industry magazines,
including a cover story in Information Week and Apparel Magazine.
Jody graduated with honors from the University of New Mexico with a degree in
Business Computer Systems, and earned his Masters of Business Administration,
with distinction, from Pepperdine University.
Giles keynote session will take place on Wednesday, June 16, 2010 from 8:20 -
9:10 am
|
Dollar General Rolls Out Customer-Centric Format Across 1,500 Stores
|
Dollar General recently announced its plans to open 600 new stores in 2010 based
on its new customer-centric format which will include an improved store layout.
The retailer also unveils a series of IT projects which includes rolling out
enhanced handheld technology, upgrading its energy management system and
electronic pay cards for employees.
"The store format is a dramatic improvement in the appearance of our stores and
creates a compelling shopping environment based on extensive customer insights,
from focus groups, and from proprietary market basket data," said Rick Dreiling,
chairman and CEO, Dollar General. "By the end of our fiscal year 2010, we
expected have 1500 stores in our new format."
Dreiling adds, "We are completely rebranding our new stores for the use of signs
and visual, that explain our value proposition to the customer at the point of
sale."
The retailer also announced plans to update its sourcing, distribution and
transportation strategy, and focus on shrink reduction and comprehensive
in-store marketing campaigns.
In the area of distribution and transportation, engineered labor standards are
being implemented, and should be completely rolled out by the end of the year
according to the retailer. "In 2010, we believe we should benefit from
relocating high-shrink items, adding closed circuit TV, stand-based trading, and
automated exception-based reporting," adds Dreiling.
Borders Ramps Up Social Media, M-commerce and Web
|
Borders unveils a series of digital initiatives that will help transform its
business which includes plans to reinvent its Borders Rewards customer loyalty
program, upgrade its Web site, and ramp up its social media presence.
According to the company, 37 million customers have signed up for its Borders
Rewards program since it was launched. The retailer plans to revamp the Borders
Rewards program with enhanced personalization, which the retailer anticipates
will help drive customer engagement.
Borders also announces it will invest and improve the customer interface,
checkout and search capabilities on its Web site. The company also announced a
new Borders powered Kobo e-bookstore that will become part of the borders.com
experience.
According to Mike Edwards, Interim President and CEO of Borders, there will be
more than two million e-book titles available on Kobo. In addition, Borders
launched mobile apps with Kobo that will enable customers to purchase e-books
from Borders on the iPhone, Blackberry, and the iPad.
The retailer also is enhancing its social networks including Facebook, Twitter
and YouTube, as well as exclusive Web content with its publishers to extend the
Borders brand experience.
|
|
|
More Technology News
|
|
News Archives
|
|
[ [ Home ] . [ POS Hardware ]
.
[ POS Software ]. [ Security & ID]. . [ News ]. [ About Us ]
. [ Clients ] . ]
|