Retail Minded

SEPTEMBER 21, 2021

Did you know that point of sale systems date back to 1879 when the first one was invented by American shopkeeper James Ritty. Recent advancements include front end and back end responsibilities merging with ease, cloud based efforts supporting both in-store and online purchases, and mobile becoming increasingly popular to manage POS.

Point of Sale 98

Point of Sale Merchant Services Payment Services Shipping 98

Retail TouchPoints

OCTOBER 28, 2022

For instance, while most regular ERP systems usually offer only third-party support for point-of-sale (POS) functionality, retail ERP systems often include a POS module as standard. This focused approach results in retail ERP systems being far lighter and easier to implement and manage.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Accounting 278

Retail TouchPoints

FEBRUARY 21, 2023

5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. Omnichannel solutions that leverage intelligent displays, QR codes and consumer profiles can provide extreme personalization. Tractor Supply Co. The retail industry is dynamic.

Sporting Goods 264

Sporting Goods Payment Services Point of Sale Shrinkage 264

Retail Smart Guys

NOVEMBER 15, 2024

Rely on Data, Not Gut Feelings Your inventory is your most significant investment. Instead, rely on sales data, trend analyses, and seasonal patterns. Regularly review point-of-sale (POS) reports to identify top-selling products and categories that need adjustment. What worked last quarter might not work next.

Inventory Management 82

Inventory Management Planning Management Point of Sale 82

Retail TouchPoints

JULY 5, 2024

In today’s digital-first marketplace, consumer expectations for flawless shopping experiences, whether in-store or online, have reached unprecedented heights and are putting pressure on retailers to provide an “always on” business model.

Payment Services 278

Payment Services Customer Experience Inventory Management Consumer 278

Retail TouchPoints

JULY 17, 2023

Inventory management. With innovative inventory tools, retailers can always be sure the necessary goods are in stock in a particular store. Smart merchandising helped GetGo improve the consumer experience and increase sales. Self-checkout.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

AUGUST 29, 2024

What’s old is new again, but this time around the focus is squarely on the value proposition for stores and consumers instead of the distribution centre (DC). Most retailers are now rolling out RFID inventory management use cases like receiving, adjustments and cycle counting via handheld reader. Let’s start with the costs.

Customer Experience 297

Customer Experience Shipping Inventory Management Management 297

Retail TouchPoints

SEPTEMBER 7, 2022

Simultaneously, consumer demand for new connected devices — such as cellphones and tablets, smart systems, and connected wearables and hearables — has never been higher. It’s essential to understand the potential crunch points and areas where even an experienced retailer will need specialist knowledge to navigate these pitfalls.

Kiosk 264

Kiosk Inventory Management Management Accounting 264

I Vend

APRIL 2, 2025

If youre an ambitious mid-sized retailer, youre probably aware of retail management software, and understand that it can be a powerful tool to help you automate and streamline your operations. You know that its more than simply a point of sale, and that it offers a comprehensive platform for managing the entire retail operation.

Management 52

Management Payment Services Inventory Management Point of Sale 52

I Vend

FEBRUARY 9, 2025

The consumer electronics industry continues to grow in 2025 it is expected to reach over $977 billion. If youre in retail electronics youll know that this growth isnt without its challenges, and that managing a successful business in this sector requires intelligence, insight and the support of specialised technology solutions.

Payment Services 52

Payment Services Point of Sale Inventory Management Management 52

Retail TouchPoints

JANUARY 28, 2021

French ready-to-wear brand Zadig & Voltaire has centralized inventory planning and purchasing processes across its brick-and-mortar and digital channels with the deployment of allocation, replenishment and buying solutions from Aptos. in addition to its website.

Planning 254

Planning Point of Sale Location Fashion 254

Retail TouchPoints

JULY 29, 2020

While the name Burton is almost synonymous with the snowboards the company began making in 1977, Burton has diversified over the years into new categories — including surfboards, apparel, goggles/optics and other sports gear — as well as expanding beyond manufacturing into direct-to-consumer (DTC) retail, both physical and digital.

Planning 317

Planning Wholesale Customer Experience Store Operations 317

Inside Retail

SEPTEMBER 4, 2023

The barcode was initially developed to improve the checkout experience and inventory management in the grocery sector and it is now used in almost every industry and sector. Smartphones can now scan barcodes and instantly provide consumers with detailed product information, user reviews, price comparisons, and much more.

Checkout 246

Checkout Inventory Management Promotions Point of Sale 246

Retail TouchPoints

FEBRUARY 2, 2023

Retail companies have invested billions in data analytics and infrastructure, seeking competitive advantage through deeper, more granular visibility into consumer behavior, business operations, supply chains and more. They’ve also embraced tools that enable them to understand and help predict customer behavior through real-time data analysis.

Management 278

Management Inventory Management Point of Sale Finance 278

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Retail TouchPoints

FEBRUARY 27, 2024

The Evolving Threat Landscape Retailers increasingly rely on digital platforms for sales, inventory management and customer engagement. A network outage can mean lost sales in the short term, as shoppers simply move to another brand for that purchase, or losses in the long term if that customer does not return.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Inside Retail

MARCH 17, 2025

As e-commerce, smartphones and social media have become a bigger part of consumers everyday lives, retailers have embraced solutions and technology to provide a seamless shopping experience for consumers across all channels, from in-store to mobile to online. But how does this differ from omnichannel retail?

Inventory Management 165

Inventory Management Target Market Point of Sale Consumer 165

Retail TouchPoints

APRIL 10, 2023

Digital transformation isn’t easy for any brand, but for Pandora , with its 40 years of history and more than 6,400 points of sale across 100 countries, that effort is particularly complex. Pandora, needless to say, is opposed to horrible consumer experiences.

Jewelry 283

Jewelry Wholesale Consumer Point of Sale 283

M19 Retail

DECEMBER 4, 2024

This variety not only caters to evolving consumer preferences but also speeds up the purchasing process, allowing retailers to accommodate more transactions in less time. Many mobile point of sale solutions are compatible with existing mobile devices, which reduces the need for additional hardware purchases and lowers initial setup costs.

Payment Services 52

Payment Services Checkout Inventory Management Customer Retention 52

Retail TouchPoints

JUNE 25, 2021

Advancements in consumer technology have also played a role in retailers looking to make the technology of tomorrow happen today. In 2019, Verizon was the first in the world to offer commercial 5G mobile service, and consumers today have many choices of 5G-enabled devices, offering retailers an opportunity to accelerate potential use cases.

Inventory Management 147

Inventory Management Customer Experience Point of Sale Consumer 147

Inside Retail

JANUARY 31, 2022

In recent years, consumer awareness around sustainability has continued to grow, as shoppers are now demanding to know the origin of the products that they purchase. There are also other supply chain benefits for businesses including improved inventory management, recall readiness, sustainability, ethical sourcing and product authentication.

Markdowns 130

Markdowns Point of Sale Inventory Management Supermarket 130

M19 Retail

APRIL 14, 2021

The health crisis is accelerating the transformation of physical points of sale. With the development of e-commerce, consumers can buy anything, anywhere, anytime. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 24, 2021

The Retail market landscape has seen significant changes in retail trends and shifts in consumer behavior since the coronavirus breakout, but the industry now appears more optimistic about the growth prospects. New Look Stores. Retailers are also now tasked with turning temporary store hacks into longer-term standards.

Retail Trends 111

Retail Trends Consumer Payment Services Fulfillment 111

Retail TouchPoints

FEBRUARY 10, 2021

Between the need for more expansive ecommerce functions, low-contact or no-contact shopping experiences, virtual communication between businesses and consumers and the digitization of functions like inventory and customer service, here are the top 10 technology trends pushing retail into the future faster than ever before.

Payment Services 173

Payment Services Fulfillment Supply Chain Management Management 173

I Vend

OCTOBER 6, 2022

A retail business without a point of sale system seems unthinkable. Retail technology drives growth, through enhanced customer experience and increased sales. Armed with operational information via a mobile device, they can engage with the consumer during the shopping process, not just at the end. And the payoff?

Inventory Management 98

Inventory Management Payment Services Point of Sale Checkout 98

Wiser

NOVEMBER 6, 2024

Sales reps play a critical role in using data-driven insights to optimize product placement, manage inventory levels, and expand distribution. These strategies are essential for maximizing sales and ensuring products meet consumer demand effectively.

Promotions 78

Promotions Inventory Management Location Management 78

RETAIL MANAGEMENT SOFTWARE

APRIL 12, 2022

Point-of-sale system data integration. Point-of-sale (POS) syste m is relatively new compared to traditional sales methods, but it has become increasingly vital in the retail industry. Retailers can also use purchase history information to create coupons or deals to increase their sales within a given time frame.

Planning 111

Planning Inventory Management Point of Sale Management 111

Inside Retail

APRIL 8, 2025

He recommends retailers try out their in-store customer experience from the consumers perspective. Take that process through to your point of sale system, your inventory management systems, and all of those things that talk to each other to create the overall customer journey and experience.

Payment Services 130

Payment Services Customer Experience Inventory Management Consumer 130

Inside Retail

APRIL 30, 2024

However, in an increasingly digital world, the brand recognised the need to evolve its retail experience to meet the demands of modern consumers. NewStore has essentially made the traditional cash wrap obsolete, as all associates now serve as points of sale.

Checkout 147

Checkout Clienteling Customer Experience Inventory Management 147

Retail Focus

JUNE 14, 2024

Whether you are browsing the aisles of your closest supermarket or walking the stalls of the local market on a Saturday morning, you are almost certain to come across some form of point of sale or point of purchase materials. There is a growing focus on sustainable materials and practices in POP and POS displays,” he said.

Payment Services 147

Payment Services Point of Sale Customer Experience Consumer 147

Star Miconics

JANUARY 26, 2023

But while those things are still in the realm of science fiction, AI has become increasingly engrained in the modern technology we now use every day, from our smartphones to our point-of-sale (POS) systems. AI helps consumers and workers streamline their activities and increase productivity. But what is artificial intelligence?

Point of Sale 52

Point of Sale Merchant Services Inventory Management Management 52

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

Equipping staff with enterprise-class mobile POS can add valuable mobility and visibility to the inventory management process. This technology allows associates on the sales floor to know what products are available or scheduled to arrive. This allows associates to make highly effective, consumer-centric decisions.

Payment Services 97

Payment Services Point of Sale Customer Retention Customer Experience 97

I Vend

FEBRUARY 14, 2023

iVend Retail Inventory Management iVend’s integrated connected retail platform helps customers worldwide Find out how it can transform your retail business. In the highly competitive world that is retail in 2023, trying to dictate to consumers how they must shop is not the path to success.

Inventory Management 98

Inventory Management Point of Sale Management Shopping 98

RETAIL MANAGEMENT SOFTWARE

JULY 17, 2023

A multitude of factors, such as demand volatility, inventory management, logistics, and forecasting, can present significant challenges to supply chain efficiency. This information enables precise inventory management, reducing the risk of stockouts and overstocks.

Inventory Management 98

Inventory Management Supply Chain Management Management Point of Sale 98

Retail Focus

SEPTEMBER 21, 2023

Inventory Management Issues Inventory management can pose a significant challenge for bars and restaurants. Misjudging the quantities of perishables to stock could lead to an abundance of waste if the goods are not consumed before going bad or missed sales opportunities if you run out.

Inventory Management 130

Inventory Management Management Accounting Point of Sale 130

Inside Retail

AUGUST 23, 2023

But the steady expansion of the group’s retail network, combined with the recovery in consumer spending after pandemic-control measures shifted in Q4, helped mitigate the majority of the impact during the financial year. Its future growth plan will focus on quality expansion and enhancing the productivity of its existing retail networks.

ATS 130

ATS Inventory Management Point of Sale Fulfillment 130

Independent Retailer

JANUARY 13, 2022

Their point-of-sale solution works for any small business, whether you have one location or multiple shops in different states. Benefits of Inventory Management. Real Time POS Inc offers a system that allows retailers to manage and track their most important asset — their inventory.

Operating Expenses 98

Operating Expenses Inventory Management Point of Sale Management 98