Inside Retail

MARCH 17, 2022

With centralised payments across all channels, customers no longer need to carry a wallet full of loyalty cards or recite their email/phone number at the checkout to claim loyalty bonuses. Simply using the usual payment method will be enough for them to claim points or loyalty bonuses at checkout (both in-store and online).

Checkout 246

Checkout Drop-Shipping Payment Services Inventory Management 246

Retail TouchPoints

JANUARY 15, 2025

Cards have become by far the most popular payment method, with contactless now accounting for most purchases made at retail stores. European retailers are increasingly turning to Account-to-Account and Open Banking payment options as a way to increase resilience.

Payment Services 237

Payment Services Merchant Services Telecommunications Accounting 237

Inside Retail

NOVEMBER 21, 2021

It’s privacy-first and gives both parties access to ready-to-buy audiences right at the point of sale, allowing for more precise targeting (right down to the SKU level). . Collab offers transparent campaign results to ensure you’re holding ad spend accountable for performance. .

Point of Sale 264

Point of Sale Checkout Advertising Accounting 264

Retail TouchPoints

NOVEMBER 20, 2023

External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Address the self-checkout issue: Staffing constraints have made self-checkouts a popular fixture in stores of all sizes. Despite your efforts to hire good people, the U.S.

Payment Services 306

Payment Services Sporting Goods Inventory Management Loss Prevention 306

Retail TouchPoints

JULY 12, 2023

Customer Experience It’s been five years since Amazon Go opened to the public, creating the template for the retail store of the future by allowing shoppers to skip the checkout line entirely. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

Payment Services 206

Payment Services Inventory Management Checkout Loss Prevention 206

Retail TouchPoints

JUNE 10, 2024

First-party data is what your business owns, such as the data gathered through Google Analytics, account details and purchase histories, and utilizing it is privacy-centric. For example, we can look at an apparel company that prompts a customer to share their clothing sizes in their account details.

Marketing 268

Marketing Accounting Customer Experience Point of Sale 268

Retail TouchPoints

JANUARY 12, 2024

The purchase amount is automatically deducted from the employee’s payroll account, a major benefit for doctors, nurses and other staff people who often don’t carry wallets or purses while they’re working. Employees can look up receipts and account balances in the hospital’s badge pay web portal or mobile app.

Payment Services 227

Payment Services Accounting Checkout Apparel 227

Retail TouchPoints

FEBRUARY 27, 2024

Some cases in point include: In 2013, Target experienced a data breach where hackers accessed their customer credit card information by exploiting a weakness in the HVAC system’s network connection.

Payment Services 236

Payment Services Wholesale Store Layout Inventory Management 236

Retail TouchPoints

APRIL 3, 2023

The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. One example is overprivileged accounts, such as when a group is granted administrative privileges inherited by every user.

Payment Services 236

Payment Services Accounting Point of Sale Checkout 236

Retail TouchPoints

AUGUST 14, 2020

Given the proliferation of shopping platforms, retail marketers are striving to make the checkout experience easy. Mobile phones are still the number-one device for driving traffic, which requires retailers to embed “intelligent experiences throughout the journey, including checkout,” Schwartz noted. AI Leading The Transformation.

Consumer 246

Consumer Marketing Checkout Customer Experience 246

Storis

SEPTEMBER 12, 2024

In retail, the integration between software and hardware components is crucial for seamless operations, particularly at the point of sale (POS). Among these components, the cash drawer and the point of sale (POS) system stand out as vital cogs in retail machinery.

Point of Sale 52

Point of Sale Payment Services Checkout Management 52

Storis

SEPTEMBER 19, 2024

Quotes play a critical role in closing deals in the furniture and appliance retail industries, especially when working with designers or contractor accounts. By offering quotes at the point of sale, businesses can enhance transparency, build trust, and ultimately increase the likelihood of closing a sale.

Point of Sale 52

Point of Sale Home Furnishings ATS Checkout 52

Small Biz Trends

SEPTEMBER 3, 2021

With Square Online Checkout you get a proven alternative platform to start accepting online payments from anywhere, and more functionality for the growing cashless and contactless payment processing future. Square Online Checkout, Payment Simplified. Buyers don’t need an account with Square to pay.

Payment Services 140

Payment Services Checkout Point of Sale Fulfillment 140

Retail TouchPoints

JUNE 2, 2023

The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% of orders, toward two -day or later windows, which account for 80%. Shoppers want to feel reassured when making an expensive purchase, and Lamps Plus strives to make sure the checkout leaves customers feeling confident.

Inventory Management 238

Inventory Management Management Fulfillment Supply Chain Management 238

Retail TouchPoints

DECEMBER 5, 2024

Sales associates need robust POS solutions. Your POS system needs to account for that. Each device can perform core transactional functions — such as the ability to accept card and cash payments and scan products for efficient checkouts — offline. Remember all the things associates are expected to do in stores?

Payment Services 216

Payment Services Loss Prevention Fulfillment Shipping 216

Inside Retail

MARCH 12, 2024

This month, Square is launching a special promotion for Australian retailers, offering 20 per cent off selected hardware – exclusively for companies with an Australian Square account. Michael Harms, owner of omnichannel retailer Barrowby Green, upgraded to Square Point of Sale for Retail when the company opened its first physical store.

Payment Services 130

Payment Services Accounting Promotions Point of Sale 130

Retail TouchPoints

APRIL 8, 2024

TikTok also offers seamless shopping feature integrations on the platform, which allows users to buy products immediately through shoppable ads and in-app checkout. On TikTok, users will often put this information in their bios. However, by carefully planning one’s approach to TikTok, business owners can avoid some common missteps.

Checkout 222

Checkout Marketing Advertising Point of Sale 222

Retail TouchPoints

AUGUST 18, 2022

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. By 2025, buy now, pay later is projected to account for 1.6% ($941 billion ) of global POS transaction value.

Merchant Services 245

Merchant Services Payment Services Consumer Point of Sale 245

Retail TouchPoints

DECEMBER 2, 2020

For example, if you know your customer likes M&Ms on Facebook, and is researching recipes that include M&Ms, and has been a past purchaser of M&Ms at your physical store, then you can “push” the candy at checkout. The point-of-sale remains a big opportunity for impulse buys.

Social Commerce 185

Social Commerce Checkout Payment Services Consumer 185

Retail TouchPoints

SEPTEMBER 6, 2023

To get well ahead of the issue and remain relevant, businesses must adopt a proactive approach toward customer-centric account management practices. Companies should also incorporate recurring billing information and terms and conditions into the checkout process.

Merchant Services 219

Merchant Services Payment Services Consumer Customer Experience 219

Retail TouchPoints

JULY 27, 2020

They’re turning to solutions that allow consumers to connect loyalty programs with any payment card and collect points or rewards at checkout. Brands are also delivering contextual loyalty by going beyond dollars and points to identify and celebrate shared values as a way of building connections and fostering a brand community.

Retail Trends 146

Retail Trends Payment Services Checkout Sporting Goods 146

Retail TouchPoints

FEBRUARY 10, 2022

million on a new mobile checkout system; and The launch of The Vitamin Shoppe Cares Foundation, a peer-supported employee assistance fund to provide financial support to employees experiencing hardship. RTP: How do you account for the outsized impact The Great Resignation is having on retail?

Inventory Management 289

Inventory Management Beauty and Health Management Point of Sale 289

Retail TouchPoints

APRIL 12, 2024

After MrConsumer was inadvertently charged tax at checkout, he details a series of confusing conversations with Walgreens’s staff about how sales tax works and his eligibility for a refund. He has been listed among Accounting Today’s Top 100 Most Influential people for four years.

Payment Services 187

Payment Services Checkout Shipping Point of Sale 187

Retail TouchPoints

JULY 14, 2020

We’ve created multiple Instagram accounts that target different parts of the world. We tweaked our search and checkout capabilities and have increased our retention rate. You have to make sure you are offering frictionless checkout. A lot of people will lose steam after two or three steps at checkout.

Checkout 185

Checkout Fulfillment Shipping Payment Services 185

I Vend

APRIL 6, 2023

A point of sale (POS) system is the nerve centre of any retail operation. But not all POS retail systems are created equal, and the qualities of your point of sale make all the difference to the level of service you offer your customers and the operational efficiency of your business.

Payment Services 98

Payment Services Point of Sale Customer Experience Inventory Management 98

Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Another danger for consumers using point-of-sale loans is a temptation to overspend. over the five years through 2024-25, to $1.1 billion, according to IBISWorld.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

I Vend

APRIL 14, 2021

For example, the use of mobile point of sale to enable checkout from anywhere in the store – decreasing checkout lines, enhancing safety, providing upsell opportunity and a more personalised shopping experience. Retailers are integrating the two, enabling new transaction types such as BOPIS or curbside pickup.

Point of Sale 98

Point of Sale Checkout Promotions Shopping 98

I Vend

MAY 5, 2023

Learn more about the best retail point of sale. As well as in-store point of sale, a true retail management solution incorporates your online store, customer profiling and loyalty management, promotions, retail data analytics, inventory management, mobile POS, accounting, and links to an ERP back office system.

Management 97

Management Point of Sale Promotions Niche Retailing 97

I Vend

JULY 27, 2021

Frictionless checkout – is it the new omnichannel? Now, more than 10 years on, why do I say that frictionless checkout is the ‘new omnichannel’? Well, from my discussions with retailers, I can see that there has been a similar lightbulb realisation about frictionless checkout. Friction matters because it restricts growth.

Checkout 52

Checkout Payment Services Inventory Management Customer Experience 52

I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. The US’ largest wine retailer makes 20% of their sales online, compared to 2% before the pandemic. Mobile wine and liquor store POS enhances the customer experience, and increases sales, both of which unlock growth.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Independent Retailer

JULY 15, 2021

Are there any point of sale (POS) systems and credit card processing companies that service CBD stores? NRS is a leading provider of a unique, multi-faceted POS checkout solution for independently owned small-to-mid-sized tobacco and smoke/vape shops nationwide, which integrates seamlessly with NRS PAY credit card processing.

Merchant Services 98

Merchant Services Point of Sale Checkout Accounting 98

Retail Focus

SEPTEMBER 17, 2024

Whether it’s maintaining your point-of-sale (POS) systems, overseeing your inventory management software, or ensuring smooth website functionality for eCommerce operations, having a reliable IT support team ensures everything works seamlessly.

Payment Services 130

Payment Services Inventory Management Customer Experience Management 130

I Vend

AUGUST 13, 2023

They have become ever more demanding about what they want: service, price, choice, convenience, omnichannel retail, frictionless checkout – and if they’re not satisfied, they simply go elsewhere. Adopt a customer-centric approach – One of the reasons that retail is so competitive is the sheer power that rests with shoppers.

Payment Services 98

Payment Services Point of Sale Inventory Management Supply Chain Management 98

I Vend

AUGUST 17, 2022

From frictionless checkout to seamless ERP integrations, to built-in promotions, loyalty, and inventory management – a sophisticated Grocery POS offers everything a modern-day retailer needs to deliver convenience to their customers. This means they want shorter queues and rapid checkout, self-service options, and a range of ways to pay.

Payment Services 52

Payment Services Inventory Management Checkout Supermarket 52

365 Retail

JULY 28, 2021

The idea eliminates checkout lines. Let’s consider first the effects of Just Walk Out on retail environments: No checkouts equals 8-12% floor space saved. No checkouts affords a more motivated customer-facing team. And Amazon now offers other retailers this same ability. The genius is the technology helps rather than deflects.

Supermarket 57

Supermarket Checkout Kiosk Grocer 57

Small Biz Trends

APRIL 15, 2021

This eCommerce platform helps cover everything from marketing and payments, to secure checkout and shipping for your store. Plans for Wix start at $17 a month with features that include secure online payments, a free domain name, customer accounts, custom domain, free domain for a year, 20GB oc storage and videos of up to five hours.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

Self-service check-ins and checkouts have become the new norm, saving time and money for retailers. The same applies to B2B marketing when you rely on ABM (Account-Based Marketing) to target corporate accounts, decision-makers, etc. In 2022 consumers expect to see the option at checkout rather than find delight in it.

Retail Trends 93

Retail Trends Consumer Payment Services Fulfillment 93