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NYT: Fake retail apps flooding Apple's App Store
Hundreds of fake retail and product apps have popped up in Apple’s App Store in recent weeks, according to the New York Times.
The counterfeiters have masqueraded as retail chains like Dollar Tree and Foot Locker, big department stores like Dillard’s and Nordstrom, online product bazaars like Zappos.com and Polyvore, and luxury-goods makers like Jimmy Choo, Christian Dior and Salvatore Ferragamo, the newspaper reports.
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Retail CMOs predict 4.7% lift in holiday sales
CHICAGO -- Steadily climbing consumer confidence and retail sales growth have U.S. retail CMOs feeling optimistic ahead of this holiday season.
Respondents of BDO USA’s 11th annual Retail Compass Survey of CMOs predict a bullish 4.7% sales increase this holiday season, tied with the highest projection in the survey’s history. This is also more optimistic than the National Retail Federation’s expected 3.6% increase.