BJ's Wholesale Club

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Hacker Cops to Role in $400M ID-Theft Ring

Stealing data from Barnes & Noble, BJ's could mean 30 years

(Newser) - A 23-year-old man with an eighth-grade education pleaded guilty yesterday to a role in stealing more than $400 million via identity theft, the Boston Globe reports. Damon Patrick Tooey was part of an 11-man ring, with members from China to the Ukraine, which brought laptops into retail stores like Barnes... More »

Consumer Data Breaches Hit Record

Thefts, losses of confidential info has already topped 2007

(Newser) - Theft or loss of confidential consumer information from computer databases is at a record high, with more breaches already this year than all of 2007, the Washington Post reports. Records reveal that 449 US businesses, government agencies and universities have reported data breaches this year, compared with 446 breaches involving... More »

Street Rallies on Retail, Jobs

Wal-Mart among big winners as indices rebound from 3 days of losses

(Newser) - The markets rebounded from a 3-day losing streak today as retailers posted strong sales and weekly claims for jobless benefits fell, the Wall Street Journal reports. The Dow climbed 213.97, closing at 12,604.45, and the Nasdaq gained 46.80 to settle at 2,549.94. The S&... More »

Wal-Mart Leads Feb. Retail Rally

Overall sales jump doubles expectations, calms consumer spending fears

(Newser) - Big retailers showed unexpected signs of life in February, beating weak sales predictions to inject some hope into the market. Wal-Mart led the way, posting a 2.6% same-store increase, beating its own predictions of flat-to-2% growth. Overall, same-store sales climbed 1.9%, with more than half of retailers beating... More »

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