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.
Tags: Target
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.
Credit card payment platform Target invests $100 million for credit and debit cards safe technology
Target has invested $100 million to secure its credit and debit card payment facility and changing the magnetic stripes feature to chip-and-PIN terminals after 40 million cards were hacked.
Credit card security firm says lawsuit filed against it on Target breach without basis
Chicago-based Trustwave Holdings Inc denied allegations on the lawsuit filed by two lenders that it managed Target's data security and processed the data of its cardholders, Reuters reported.
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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.
