Saks/Lord Hack Biggest Ever? | Shaq Spent $70K at WM | W.Foods/Prime 10% Off Hint


Hackers Steal Credit Card Information for More Than 5 Million Saks Fifth Avenue, Lord & Taylor Shoppers by Jennifer Calfas at Fortune. “About 125,000 of these records were put up for sale on the dark web, the firm said, adding that it “is amongst the biggest and most damaging ever to hit retail companies.” The data breach also hit Saks Off Fifth stores. All of the U.S. locations of the retail chains have been compromised…with the majority of stolen credit card information coming from stores in New York and New Jersey.” Read more


Walmart opens first high-tech small-sized supermarket in China at Reuters. “Walmart’s store, located in the southern city of Shenzhen, will stock more than 8,000 items ranging from stir-fried clams to fresh fruit, 90 percent of which will also be available online.” Read more


“Typosquatting” domains including walmart{dot}cm & costco{dot}cm lead to places you don’t want to go at Krebs. “…if you try to visit some of the most popular destinations on the Web but omit the “o” in .com (and type .cm instead), there’s a good chance your browser will be bombarded with malware alerts and other misleading messages — potentially even causing your computer to lock up completely.” Read more


China imposing new tariffs on U.S. products in retaliation of Trump tariffs at CNBC. “All told, the extra tariffs will hit 128 kinds of U.S. products, multiple outlets reported. The list of new duties matches the proposed list released by the government on March 23, according to Reuters.” Read more


Shaq spent $70,000 at Walmart — the biggest purchase in company history by Scott Davis at Business Insider. “I’m very impatient,” O’Neal said. “So they already got the apartment set up, and I ain’t got nothing. I ain’t got no towels, I ain’t got no pots and pans … I’m Walmart’s biggest customer … Pans, socks, underwears, tank tops, TVs, printers, computers.” Read more


Amazon Stock Resilience May Be Tested After Another Trump Rant by Ros Krasny & Justin Sink at Bloomberg. “In a pair of Twitter messages Saturday, Trump lit into Amazon for the second time in three days, saying it “must pay real costs (and taxes) now!” Read more


Boxed suitors are circling at CNBC. “Without naming actual names, we have had conversations with just about every retailer under the sun,” Huang said. “International and domestic: some more serious than others.” Read more


Retailers race against Amazon to automate stores by Nick Wingfield, Paul Mozur & Michael Corkery at NY Times. Read (Tiered subs.)


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Toys R Us websites shut down as rapid liquidation continues at USA Today. “The Toys R Us and Babies R Us websites were turned off at 5 p.m. Thursday. Visitors to the sites are now being directed to a web page,, which has information about the liquidation sales at the retailer’s U.S. stores.” Read more


Whole Foods just hinted at giving Prime members a 10% discount at CNBC. “At a Whole Foods in Austin, Texas, the grocer has tested marketing material that promotes 10 percent discounts for Prime members, according pictures of that signage obtained by CNBC.” Pics/Read more


Trump presidential campaign spent more than $150,000 on Amazon by Kathryn Watson at CBS News. Read more


Ex-Walmart US CEO says Congress should consider splitting up Amazon at CNBC. “It’s anti-competitive, it’s predatory, and it’s not right,” said (Bill) Simon.” Read more


Mexican leftist has 18-point lead ahead of July 1 presidential election at Reuters. “A Lopez Obrador victory could usher in a Mexican government less accommodating toward the United States…Lopez Obrador has backed the North American Free Trade Agreement, but his plan to review newly issued oil contracts sparked worries he will deter foreign investment.” Read more


Is Alexa spying on you? New Amazon, Google patents raise concerns at NBC Today. “Amazon Echo and Google Home can already “listen” to everything around them, and now both companies could be taking steps to have their devices listen in on a whole lot more.” 4:28 video


Mall Vacancies Reach Six-Year High by Peter Grant at Wall Street Journal. “The vacancy rate in big U.S. malls increased to 8.4% in the first quarter of 2018, up from 8.3% in the fourth quarter and the highest since the fourth quarter of 2012, according to real-estate data firm Reis Inc.” Read more (subs.)


Blockbuster’s last stand: Inside the last remaining Blockbuster store in the lower 48 US by Tom Krazit at GeekWire. “Karen Van, who walked out of the store with a selection of Oscar favorites…is a Redbox fan but prefers Blockbuster’s selection and pricing; she can hang on to her videos for several days for the same price, while Redbox charges by the night.” Read more


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