Ascena Retail Group, the operator Lane Bryant, Justice and Dress Barn stores, cited increased spending on growth initiatives and a challenging sales climate for a second quarter profit decline and its second full year earnings guidance reduction in two months.
Improving shopper insights in omnichannel retailing is the top ranked priority for retailers who fear other operators may be doing a better job than they are. That is one of the key findings in a new research report from industry leader EKN that shows retailers still have a long way to go when it comes to leveraging the power of analytics.
Verizon Enterprise Solutions has opened the Verizon Cyber Intelligence Center (VCIC). The new center will offer advanced detection and response capabilities to better manage and mitigate cyber attacks.
eBay Enterprise, a leading global provider of commerce technologies, retail order management, fulfillment and customer care services and marketing services for retailers and brands, has extended its partnership with Karmaloop to provide marketing solutions that increase conversion.
MasterCard and Syniverse are partnering to deliver a number of mobile and payment services for consumers to use when traveling abroad. The two companies are currently in pilot-phase for an opt-in service that will enable card transactions for users only when they have their mobile device switched on in a specific geolocation abroad.