Tag - Target
Following on from the launch of Walmart Pay, Target is working on its own mobile payments service, according to a report. In an effort to take on Apple Pay and other platforms, the retailer is said to be early in development of the system, which would allow customers to pay at the register using their smartphone, with a view to launching the mobile wallet app as early as next year, if everything goes to plan.
US retail chain Target has begun carrying the Apple Watch across its entire US and online stores, limited to the regular and Sport versions of the device. As with Best Buy and other mass-market third-party retailers, Target will only carry a limited selection of optional Apple accessories such as extra bands, and will not carry the gold Edition or the Hermes collection versions. Both the 38mm and 42mm sizes will be available, and buyers can opt to add additional AppleCare+ coverage.
The Apple Watch is making an appearance at Target, as the retailer prepares to sell the smartwatch to its customers. The store advises a select number of its stores will be receiving supplies of the Apple Watch this week, with all stores stocking the device by October 25 in time for holiday sales, and Target's online store will start selling the Apple Watch from October 18. Not all models will be available in-store, though the website will include an "expanded assortment" of the devices.
Target is going to start experimenting with using beacons in some of its stores, to try and nudge customers towards certain products. The retailer will be fitting out 50 of its stores across the United States with the system, which will push notifications and recommendations to customer smartphones about offers and other deals over Bluetooth, as it attempts to increase sales in a challenging retail environment with cheaper online competition.
Target has agreed to a potential settlement with victims of the retailer's major breach of late 2013. Still needing to be approved by a federal judge, the settlement in the class-action lawsuit will involve Target placing $10 million in escrow for payment to victims, with the possibility of some individuals receiving as much as $10,000 in damages over the hacking.
Target is shutting down its video streaming service next month. Target Ticket has already stopped providing rentals, though existing rentals will be viewable until the service shuts down completely on March 7, according to its support pages. The retailer has already made arrangements for its customers to watch movies through CinemaNow from the same account when Ticket closes, with any UltraViolet purchases viewable through other supported video services automatically.
The judge overseeing the suit filed by banks against Target regarding the "Black Friday" data breach from 2013 has allowed the suit to continue, despite protestations by the retailer. Judge Paul A. Magnuson of the Minnesota district court has ruled that Target failed to respond to warnings that an attack was imminent, and the failure to observe these warnings meant that the company played a "key role" in allowing the data theft.
Five banks are suing retailer Target over the infamous "Black Friday" data breach in a federal lawsuit. In a hearing yesterday before US District Judge Paul Magnuson, Target claimed that the bank's losses weren't the retailer's fault, as they happened at the point of sale in many stores that the corporation claims it is not responsible for, as opposed to a central failure in corporate data services - therefore, the Minnesota and US Plastic Card Security Act provisions don't apply.
Target has dropped the price of the non-Retina iPad mini as part of a Father's Day sale. The Wi-Fi model is now currently available for $199, $100 less than usual. Shoppers must get their Mini at a Target retail store, but online orders qualify so long as a person selects in-store pickup. The cost of cellular Minis is unchanged.
Reports are circulating that Target knew of its "Black Friday" data breach much earlier than it said it did. Allegedly, the company was alerted by security firm FireEye that there was a potential problem as early as November 30, but no action was taken. Additionally, auditors discovered that Target had disabled features of its security suite that could have removed the infection, prior to it purloining millions of sets of customer's payment method data.