Hackers responsible for the data breach on Target stores over the holiday season gained access using log-on credentials for heating, refrigeration, and air conditioning, according to a post on Krebs on Security written by former Washington Post reporter Brian Krebs.
Tags: Target
Target U.S. sales beat expectations, loss-making Canada unit faces review
Target Corp (TGT.N) on Wednesday reported its first increase in U.S. same-store sales in four quarters and a quarterly profit above expectations, but said it would review the future of its loss-making Canadian business after the holiday season.
Ellen DeGeneres and Alex from Target Updates: How an Ordinary Boy became Viral on Twitter #AlexFromTarget to meeting Ellen and more
Who is Alex from Target? Apparently he is now Ellen's latest prodigy and friend, as reflected in her Twitter updates. The viral Target employee has captured the interest of the talk show host.
Dollar General extends tender offer for Family Dollar shares again
Dollar General Corp (DG.N) extended its tender offer for shares of Family Dollar Stores Inc (FDO.N) to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc (DLTR.O).
Has Amazon become the bully in the alley?
Amazon has reportedly turned to dirty browbeating amid a contract battle with top publisher Hachette. The internet retailer has subjected many books from Hachette to artificial purchase delays, suspended pre-orders of new titles, increased prices and stopped re-stocking existing ones.
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The US Secret Service confirmed that it is investigating a potential data security attack at Texas-based arts and crafts retail chain Michaels Stores, which alerted its customers to check credit account statements for fraudulent charges.
The data theft at American retailer Target that happened between November to December last year prompted a bank to replace all customer debit cards involved in the breach, with the new cards to be sent out soon.
US retailer Target said that the data breach involving some 40 million of its credit and debit cards included encrypted personal identification numbers, the Financial Times reported.
Australia-based funds management group Alceon has acquired two shopping centers from Mirvac Group in a deal valued at $100 million as part of the listed group's non-core disposal program.
WalMart, Sears, Macy's and other retailers are now doing their best to increase sales for the coming Christmas season.
According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Cinven has raised Eur5 billion for at most four acquisitions in Europe this year. Cinven, the renowned private equity firm, has projected that it would make at most four acquisitions in Europe.
