Tag: Retail

BusinessCybersecurityTechnology

Toys “R” Us Canada Confirms Customer Data Breach Following Online Data Dump

Toys “R” Us Canada has confirmed a significant data breach affecting customer information. The company disclosed that attackers accessed a customer database and subsequently published stolen data online, according to breach notification statements.

Data Breach Confirmed by Canadian Retailer

Toys “R” Us Canada has confirmed that attackers successfully accessed a customer database and published stolen personal information online, according to breach disclosure notices sent to affected customers. The company reportedly discovered the security incident on July 30 after the intruders claimed to have posted the stolen customer data on what sources describe as “the unindexed internet.”

by Owen Holt
AIRetailTechnology

AI Solutions Emerge to Tackle Retail Data Challenges, Offer Cross-Industry Potential

Companies are leveraging AI agents and computer vision to address persistent retail data problems, from automated inventory tracking to checkout-free experiences. These approaches, ranging from continuous monitoring to cost-effective daily scans, demonstrate scalable solutions that could benefit multiple industries facing similar data management hurdles.

Divergent AI Strategies for Retail Data Management

Retail technology startups and major tech firms are deploying artificial intelligence in different ways to solve the industry’s persistent data problems, according to industry reports. While companies like AiFi are implementing comprehensive computer vision systems for real-time store monitoring, Google is pursuing a more measured approach with daily scanning intervals that analysts suggest could make AI adoption more accessible to budget-conscious retailers.

by Harlow Wesley
BusinessTrade

German Customs Authorities Pursue ASOS Over Alleged Unpaid Import Duties in Ongoing Dispute

German customs authorities are pursuing ASOS for alleged unpaid import duties spanning several years, according to sources familiar with the matter. The online fashion retailer reportedly faces initial assessments in the tens of millions of euros but maintains its actual liability is significantly lower. ASOS confirmed it is contesting the claims through legal channels while continuing operations in the German market.

German Customs Investigation Targets UK Fashion Retailer

German tax authorities are reportedly pursuing ASOS for substantial unpaid customs duties, adding to the challenges facing the UK-based fast fashion retailer during its ongoing turnaround efforts. According to sources familiar with the situation, the dispute involves customs declarations on ASOS shipments crossing into Germany over multiple years, with initial assessments reaching tens of millions of euros.

by Harlow Wesley