NATIONWIDE – Another massive data breach and checkout lines may soon speed up.
China is set to put new tariffs on American meat and produce today. They come after President Trump announced tariffs on steel and aluminum coming into the U.S.
Another data breach this one targeting shoppers at Saks Fifth Avenue and Lord and Taylor. Cyber-security firm Gemini Advisory said information on five million customers was stolen. The parent company of both chains said it’s offering free identity protection services.
Empty space at malls is on the rise as mall vacancies have hit a six year high, now at 8.4 percent at big malls across the country. The trend has been taking away jobs and tax dollars. It’s also pushed more state officials to put new laws in place to force online retailers like Amazon to become tax collectors.
And the checkout line at more stores could speed up soon. On April 14th MasterCard, Visa, American Express and Discover are ditching the requirement for shoppers to sign receipts. It will then be up to merchants to decide if they still want signatures on purchases.