Retail TouchPoints

DECEMBER 20, 2023

Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. Customers also can access Affirm BNPL financing at Walmart Vision and Auto Centers. year over year.

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Checkout Kiosk Finance Apparel 305

Inside Retail

MARCH 26, 2024

“The whole intention behind the operations team’s digital insights journey is to be able to give store teams the right information at the right time to make their jobs easier,” said Coles GM of finance, operations, and sustainability Rich Walker. In addition, the initiative provides intelligence for planning and rostering.

Customer Experience 255

Customer Experience Planning Supermarket Point of Sale 255

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

Inside Retail

MAY 4, 2021

“We’re continuing to realise this will be the new normal,” says David Hatt, Regional Sales Manager for decision-making platform vendor Board International.

Finance 232

Finance Planning Point of Sale Management 232

Retail TouchPoints

JANUARY 10, 2024

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. The discrepancy may occur due to clerical errors, goods being damaged or lost, or theft from the point of purchase from a supplier to the point of sale.”

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Shrinkage Bar Codes Shipping Finance 310

Retail TouchPoints

AUGUST 3, 2022

Buy now, pay later is short-term financing that allows people to buy everyday items like home goods, electronics and clothes in low to no interest monthly installments — and receive the goods immediately. BNPL financing is relatively easy for retailers to manage. It drives order value. It’s widely available. •

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Payment Services Finance Point of Sale Checkout 277

Retail TouchPoints

OCTOBER 7, 2020

We were already on a very demanding timeline to implement the system across more than 2,000 points of sale in the U.S. Yet in the midst of taking hundreds of stores through a complex closing and reopening process, Hudson made a daring decision — not only to continue the deployment of the Flooid platform but to accelerate it. “We

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Retail TouchPoints

JANUARY 13, 2021

The retailer plans to explore a number of Mastercard solutions including services such as insight and analytics, customer engagement and loyalty, cybersecurity and point-of-sale financing, including installments.

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Point of Sale Finance Planning Management 179

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

Retail TouchPoints

FEBRUARY 2, 2023

For years, retailers have invested in digital tools to help gather data on critical items such as from point of sale (POS), inventory management, foot traffic, specific stores and more. Information is stuck in separate systems divided by function: finance, human resources (HR), operations and others.

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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. PVH x RetailNext and MarketDial PVH Corp.

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Point of Sale Promotions Inventory Management Grocer 287

Retail TouchPoints

JULY 5, 2024

Practical Tips for Managing ‘Success Disasters’ and Meeting Consumer Demands Navigating the challenges of today’s digital era requires retailers to have proactive and practical strategies to avoid “success disasters” and ensure resilience. Rob Reid is a Technical Evangelist at Cockroach Labs based out of London, England.

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Payment Services Customer Experience Inventory Management Consumer 278

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. It was a super easy, one-click [offering] at the point of transaction at exactly the moment that ecommerce was skyrocketing during the pandemic. billion in July 2022.

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Merchant Services Payment Services Consumer Point of Sale 278

Retail TouchPoints

MARCH 17, 2021

These include tools to facilitate billing, financing, the creation of branded credit cards, fraud prevention, POS services and a banking-as-a-service API that allows companies to embed financial services within their own platforms. The company has raised $2.4

Payment Services 218

Payment Services Finance Planning Management 218

I Vend

NOVEMBER 6, 2023

We can see the importance of inventory management during the three key stages of the holiday season: Preparation – before the holiday season rush, retailers need to plan and forecast to ensure they know what is most likely to sell, via which channel and in which stores. What is the role of hand-held devices in inventory management?

Inventory Management 90

Inventory Management Management Point of Sale Returns 90

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. It’s reckoned that nearly 4.5 Furthermore, approximately 1.6

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

Retail TouchPoints

AUGUST 14, 2023

In its report, Transforming Operations Management For A Digital World , McKinsey discusses a bank’s investment in digitization and the operational changes required to succeed. Turning Insights into Action The first step is to establish an internal task force comprised of technology, business, finance and operations representatives.

Payment Services 245

Payment Services Checkout Inventory Management Grocer 245

Retail Next

SEPTEMBER 10, 2019

If you aren’t good with finances or are simply strapped for time, hire a bookkeeper to track your finances. Invest in a Point-of-Sale (POS) System. That means maintaining financial records through an accounting software program. However, that doesn’t mean you shouldn’t be looking at the books yourself.

Finance 59

Finance Payment Services Loss Prevention Accounting 59

Retail Assist

FEBRUARY 27, 2025

Your PC or point-of-sale terminal will no longer receive updates that keep it secure and running smoothly. Barron McCann provides seamless end-to-end hardware upgrade services, from onsite upgrades and rollouts to endpoint management, ensuring businesses of any scale and device volume stay ahead without disruption.

Payment Services 52

Payment Services Technical Support Management Point of Sale 52

A1 Retail

SEPTEMBER 24, 2021

. Hitachi Capital Consumer Finance, a division of Hitachi Capital (UK) PLC, has announced that it will be rebranding under the new trading style of NOVUNA Consumer Finance by April 2022, while Hitachi Personal Finance will become NOVUNA Personal Finance.

Finance 45

Finance Consumer Point of Sale Customer Experience 45

I Vend

NOVEMBER 7, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns. .

Inventory Management 97

Inventory Management Management Point of Sale Returns 97

I Vend

DECEMBER 10, 2023

Inventory management – ‘the right goods, in the right place, at the right time’ sums up the core of retail. So inventory management is essential. Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns.

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Shrinkage Inventory Management Store Layout Checkout 94

Inside Retail

AUGUST 27, 2024

So, it follows that accurate demand forecasting can be an indispensable tool in reducing waste, optimising sales, and managing the selling price throughout a product’s life cycle. The perishable nature of baked goods demands rigorous stock management to ensure the freshness that shoppers expect.

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Promotions Consumer Fashion Point of Sale 130

I Vend

AUGUST 12, 2024

IT systems are essential in any modern retail operation and the two key platforms are point of sale (POS) and Enterprise Resource Planning (ERP). The ERP system gives retailers oversight of their business , empowering them to manage resources effectively and make informed decisions.

Payment Services 52

Payment Services Inventory Management Point of Sale Supply Chain Management 52

Inside Retail

APRIL 29, 2023

3 The hidden cost of cash For many organisations, completing the sale with the least disruption is usually more important than eliminating cash. Yet cash payments are expensive for businesses to manage. There are hidden costs in staff time to accept, handle, count, reconcile, deposit and fix errors.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Storis

MAY 31, 2024

In this article, we explore the benefits of branded credit card programs and dissect how technology plays a pivotal role in effectively managing the associated revolving receivables. Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator.

Payment Services 52

Payment Services Finance Accounting Promotions 52

Retail Smart Guys

MAY 1, 2023

Inventory Management: Keeping track of inventory levels, managing orders, and processing returns can be time-consuming and requires much attention to detail. Bookkeeping: Independent retailers must keep track of their finances, sales, expenses, and taxes, which can involve a lot of paperwork and data entry that can be troublesome.

Inventory Management 52

Inventory Management Point of Sale Finance Returns 52

Small Biz Trends

APRIL 15, 2021

Ecommerce platforms also help businesses manage their websites, marketing, sales, and other various operations. Wix is a popular eCommerce builder that helps you create, design, and manage your eCommerce website and online store. They include promotions, coupon codes, inventory management, buyer reviews, and product.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Storis

AUGUST 2, 2024

Further, there is increased accessibility of this solution natively in mobile point of sale systems. Finally, digital systems streamline document management processes. Automated indexing and retrieval systems reduce the time and labor required to manage documents, leading to operational efficiencies and further cost savings.

Finance 52

Finance Home Furnishings Point of Sale Operating Expenses 52

Storis

DECEMBER 12, 2023

Schedule A Product Tour As a sales manager, you’re the Santa to your sales team, the leader of holiday sales. Real-time sales KPIs can ensure your elves are keeping the workshop busy and let you know when Santa needs to step in to bring home that holiday magic.

Home Furnishings 52

Home Furnishings Inventory Management Point of Sale Finance 52

365 Retail

OCTOBER 5, 2021

We needed a solution that allowed us to centralise our task management and communications across our entire store estate, to ensure the customer experience and ‘look and feel’ of our stores was both consistent and streamlined. We have better visibility of what’s going on at the point of sale, and communication is much more fluid.

Customer Experience 52

Customer Experience Visual Merchandising Point of Sale Employee Engagement 52

RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

In the fast-paced world of retail, managing finances effectively is crucial for the success of any business. From tracking sales to managing inventory and controlling expenses, retail accounting plays a vital role in keeping operations running smoothly.

Accounting 52

Accounting Inventory Management Inventory Turnover Management 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 19, 2024

Retail budgeting software is a specialized financial management tool designed to help retail businesses plan, track, and manage their budgets effectively. Managing finances in the retail sector involves juggling various aspects such as inventory, sales, expenses, and forecasting. Here are some key advantages: 1.

Finance 52

Finance Accounting Management Planning 52

Retail Minded

DECEMBER 21, 2022

Managing and accounting the finances of a retail business is not an easy job, but it has to be done efficiently to ensure the business can diligently track revenues and losses. . Essentially, retail accounting is a tool for inventory management. It’s important to have accurate records of your sales and inventory cost.

Accounting 52

Accounting Inventory Management Management Point of Sale 52

365 Retail

JUNE 5, 2024

Optimizing Inventory Management Proper inventory control is crucial for any retail business. Enter smart inventory management systems. Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Read on for more insight! But how do they work?

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Retail Gazette

FEBRUARY 6, 2024

Advanced Supply Chain (ASC) polled 100 UK retailers, with 63% reporting a rise in the number of goods being returned during the last year, which they attribute largely to the squeeze on consumer finances.

Customer Experience 52

Customer Experience Returns Inventory Management Point of Sale 52

Retail Next

DECEMBER 19, 2019

Just a few decades ago a POS (point of sale) terminal was nothing more than a cash register where you’d come and pay for goods or services you just acquired in a certain store. Keeping your finances clean is an important element of your business integrity and prospect. Standard Tax.

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Payment Services Checkout Accounting Point of Sale 64