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As retailers supply chain challenges continue with no end in sight, Minneapolis-based big box department store chain Target is turning its focu
stanley cup s to grocery prioritize its strongest channels.The company announced Tuesday June 7 a plan of action for tackling supply chain complications and improving its inventory difficulties, which includes lowering prices to offload excess items and canceling orders, while focusing on high-performing categories including food and beverage as well as household goods and beauty.This focus on grocery shows the brand invest
stanley thermos ing in the category with the greatest potential to keep consumers coming back on a regular basis, given that food is a day-to-day need, and the typical consumer shops for groceries multiple times a week. The additional steps we are announcing today will ensure that we deliver for our guests while driving further growth, Brian Cornell, Targets chairman and chief executive officer, said i
stanley france n a statement. While these decisions will result in additional costs in the second quarter, were confident this rapid response will pay off for our business and our shareholders over time, resulting in improved profitability in the second half of the year and beyond. With this focus on grocery, Target is following the strategy that has yielded great success for competitor Walmart, the worlds largest grocery retailer, which brings in more than half its sales from food and beverage categories.In fact, more than one in four consumers purchase fro Yeiw Retail Pulse: rue21 Taps Into BOPIS With Mastek; Kohl s Teams With Planet Fitness
IBM is warning Fortune 500 companies of a widespread business email compromise BEC scam.The technology companys X-Force Incident Response and Intelligence Services published a blog post last week highlighting the scam, which IBM said likely originated in Nigeria. The ring involves credential harvesting, phishing and social engineering, with cybercriminals targeting corporates finan
stanley cup cial assets, the unit said.According to the post, X-Force first identified a spike in wire transfer payment fraud in the autumn of 2017, with clients reporting they had been targeted by the BEC scam in t
stanley cup heir accounts payable AP departments. Victims included some Fortune 500 firms, IBM noted, and the scams led to millions of dollars stolen from businesses.Further investigation found scammers used stolen email credentials and social engineering tactics to send seemingly legitimate emails to AP professionals. These attacks are almost entirely based on phishing and social engineering and are thus attractive to cybercriminals due to their relative simplicity, the company said in its post. In most cases, BEC scams involve little to no
stanley usa technical knowledge, malware or special tools. Emails were sent from employee addresses, or addresses were faked to look like legitimate personnel. Social engineering strategies mean attackers mimicked a conversational tone and followed up with previous conversational topics in their messages while requesting the victim update their bank information for a well-known
