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Retail IT News: August in Review

Hello and welcome to August: in review

Summer is officially over, and the countdown to the peak shopping and sales periods, such as Black Friday and Cyber Monday, are on. Many retailers have invested in developing new digital strategies, systems and apps for improving the customer experience, and the time of judgement is fast approaching.

This blog post focuses on the highlights of retail IT news in August.

Retail faced highest level of ransomware attacks: Sophos

Retail segment faced the highest level of ransomware attacks in 2020, with 44 percent of organizations hit, according to Sophos report.

The true cost of IT downtime in today’s retail reality, and ways to mitigate it

As COVID-19 restrictions continue to ease and more than half of Americans are now fully vaccinated, customers are steadily returning to in-store shopping as their confidence and comfort level with the physical shopping experience increases.

Walmart launches GoLocal delivery service for other retailers

Walmart has announced that it is commercializing its delivery platform through the creation of a new line of business called Walmart GoLocal.

Stinker launches rewards/gamification loyalty program

The new app-based loyalty program from Liquid Barcodes features an easy and engaging way for customers to earn digital stamps every time they buy coffee, doughnuts, fountain drinks or energy drinks.

Gap Inc. acquires 3D fitting room startup Drapr

Joining other companies in buying fit tech startups, Gap announced on Thursday it has acquired Drapr, an e-commerce startup that uses 3D virtual try-on technology.

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