Retail TouchPoints

JANUARY 10, 2024

There’s been a lot of talk recently about retailers reporting lower-than-expected earnings due to inventory shrinkage. According to the Corporate Finance Institute , “Inventory shrinkage occurs when the number of products in stock are fewer than those recorded on the inventory list. days, and one doubled its sales in one year.

Shrinkage 310

Shrinkage Bar Codes Shipping Finance 310

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. So opportunity is abundant in the liquor retail market, for those retailers who can harness it.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Star Miconics

JULY 5, 2024

Restaurant & Bar Point-of-Sale Systems Impact Printers in the Modern Restaurant Kitchen The SP700 impact kitchen printer by Star Micronics is one of the most trusted on the market. Printers, paired with the point-of-sale (POS) or restaurant management system, are essential for clear communication.

Inventory Management 59

Inventory Management Shrinkage Point of Sale Management 59

RETAIL MANAGEMENT SOFTWARE

JANUARY 8, 2025

A robust Point of Sale (POS) system is at the heart of this transformation, serving as the backbone of modern retail operations. What is a Retail Point of Sale? Sync with eCommerce platforms for unified inventory and sales tracking. Integrate with accounting software for streamlined financial management.

Payment Services 52

Payment Services Point of Sale Inventory Management Customer Experience 52

Retail Times

MARCH 30, 2021

It’s best to use a point-of-sale or inventory system that automatically modifies inventory levels as you ring up sales, so you won’t have to worry about manually updating your database. For more information on how to reduce shrinkage, see our previous post on beefing up security and preventing loss in your store.

Merchant Services 98

Merchant Services Inventory Management Management Shrinkage 98

RETAIL MANAGEMENT SOFTWARE

JUNE 3, 2024

Inaccurate Inventory Counts : Manual inventory tracking methods are prone to errors, leading to discrepancies in stock levels and inventory shrinkage. Without real-time visibility into inventory data, retailers risk stockouts, overstock situations, and lost sales opportunities.

Apparel 52

Apparel Fashion Inventory Management Management 52