Retail Smart Guys

NOVEMBER 15, 2024

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. Update Inventory Forecasts Regularly Markets shift fast, especially in retail. What worked last quarter might not work next.

Inventory Management 82

Inventory Management Planning Management Point of Sale 82

Retail TouchPoints

FEBRUARY 10, 2022

million on inventory management solutions; $1.2 Where our model in the past has been historically a brick-and-mortar one, now it’s really about becoming a multi-dimensional platform for health and wellness and the market leader. We also launched a new system, Relex , for inventory management. That’s our goal.

Inventory Management 321

Inventory Management Beauty and Health Management Point of Sale 321

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. Better communication between in-store staff, store managers and supply chain personnel via 5G devices will allow for responding to customer queries. Tractor Supply Co.

Sporting Goods 264

Sporting Goods Payment Services Point of Sale Shrinkage 264

Retail TouchPoints

JULY 17, 2023

According to Grand View Research , the global IoT retail market was valued at $42.38 The statistics show that more and more retail businesses are implementing IoT solutions to explore new ways of connecting with customers, boost sales and streamline business operations. Inventory management. from 2023 to 2030.

Payment Services 246

Payment Services Checkout Inventory Management Customer Experience 246

Retail TouchPoints

SEPTEMBER 7, 2022

The pandemic led to a surge in ecommerce, yet there are signs of reawakening life in the brick-and-mortar experience, and physical stores are seeking to regain market share. 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

FEBRUARY 9, 2025

iVend’s Retail Management Solution iVend Retail understands the challenges of electronics retail. Read more Challenges Online/offline – Online research and sales account for an ever increasing share of the market. Heres some of the things to look for in a point of sale platform for your electronics retail business.

Payment Services 52

Payment Services Point of Sale Inventory Management Management 52

Retail TouchPoints

JULY 3, 2023

Cloud architecture is built to support functions like mobile customer loyalty programs, inventory management tools, personalization capabilities and even point-of-sale. And these functions can be seamlessly incorporated across touch points.

Consumer 275

Consumer Inventory Management Point of Sale Location 275

Retail TouchPoints

JULY 29, 2020

The final prong was in Burton’s customer-facing solutions, comprising technologies for e-Commerce, marketing, social media, customer service and a retail POS. We’ve got the right tools to meet customer and market needs, whatever they may be.”. Store Associates Gain Access To Up-To-Date Data.

Planning 317

Planning Wholesale Customer Experience Store Operations 317

Retail TouchPoints

FEBRUARY 2, 2023

But at many companies, critical front office decisions — such as in-store marketing or performance marketing — are being made at a higher level than where the work is done. This can greatly limit the autonomy and agility of the teams doing the work and “invites bureaucracy,” McKinsey analysts note. Lack of data isn’t an issue.

Management 278

Management Inventory Management Point of Sale Finance 278

Retail TouchPoints

FEBRUARY 20, 2025

This sentiment was echoed by Instacart CEO Fidji Simo in his Q3 2024 letter to shareholders : Because we have already built integrations with retailers core systems from their point-of-sale to catalog to loyalty programs to couponing we can much more easily launch new technology offerings for their stores as well, which gives us a right to win in (..)

Grocer 191

Grocer Shopping Consumer Management 191

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

Bindo

SEPTEMBER 6, 2017

Fast forward to today: if my parents had a cloud based point of sale system built for a deli they would have saved a lot of time, and had the opportunity to expand their business. With so many point of sale options on the market, how should they have chosen one? Inventory Management.

Point of Sale 52

Point of Sale Inventory Management Management Marketing 52

Retail TouchPoints

AUGUST 14, 2023

This change is necessary to provide the real-time data that powers the robots and automation tools that are central to retailers’ inventory management. The goal of operational preparation processes is to set retailers up for rollout at scale, and across diverse markets, store sizes and formats.

Payment Services 245

Payment Services Checkout Inventory Management Grocer 245

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

I Vend

APRIL 2, 2025

Learn more about our leading retail management software Read more In this article we explore five key features that set iVend retail management software apart from other POS and retail software, and make it the perfect choice for you if youre a mid-size retailer. iVend provides retail management software, not just POS.

Management 52

Management Point of Sale Payment Services Inventory Management 52

Star Miconics

OCTOBER 6, 2023

Farmers markets are a beloved tradition, offering fresh, locally sourced produce, handmade goods, and unique treats. The landscape of cannabis commerce in New York is transforming with the recent approval of cannabis farmers markets by state regulators. So, here’s what cannabis vendors need for the ideal farmers market POS: 1.

Payment Services 97

Payment Services Marketing ATS Checkout 97

I Vend

MAY 8, 2024

The alcoholic drinks sector is a large and growing market that shows no sign of slowing down. Our modern POS for wine and liquor stores unlocks growth Read more The global at home alcoholic drinks market is worth $1070 billion and is growing at a compound annual growth rate (CAGR) of 4.4%.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Wiser

NOVEMBER 6, 2024

These strategies are essential for maximizing sales and ensuring products meet consumer demand effectively. The Case for Store-Level Selling with Data-Driven Insights For years, CPGs have relied on market-level data to guide trade negotiations and promotional activities.

Promotions 78

Promotions Inventory Management Location Management 78

Inside Retail

MARCH 17, 2025

An obvious area to focus on is integrating backend systems, including inventory management, customer relationship management, and point-of-sale systems, into a single platform, Gray said. This is critical to achieving real-time visibility.

Inventory Management 165

Inventory Management Target Market Point of Sale Consumer 165

I Vend

NOVEMBER 6, 2022

When it comes to efficiency, one of the most effective strategies for a retailer is to have a retail management system. Not just a point of sale, but a fully integrated suite of retail functions – including in-store and online sales orders, inventory visibility, goods receipt, staff rostering, payroll, marketing and accounting.

Management 98

Management Payment Services Point of Sale Inventory Management 98

M19 Retail

APRIL 14, 2021

The health crisis is accelerating the transformation of physical points of sale. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand. Health crisis: what impact on supply management in points of sale?

Point of Sale 52

Point of Sale Management Markdowns Accounting 52

Retail TouchPoints

JUNE 25, 2021

One of the rising trends in the retail industry today is the changing nature of retail stores and inventory management. Of the use cases of 5G that these retail leaders would find valuable and likely to be deployed within the next two years, inventory management ranked highest. 5G as an Efficiency Driver.

Inventory Management 147

Inventory Management Customer Experience Point of Sale Consumer 147

I Vend

AUGUST 6, 2023

Reporting has always been important in retail – understanding sales tracking figures, inventory levels and the impact of marketing for example. But in today’s highly competitive, demanding retail world, the weekly or even end of day sales tracking reports that sufficed in the past just don’t cut it any more.

Point of Sale 96

Point of Sale Inventory Management Shrinkage Promotions 96

Inside Retail

JANUARY 31, 2022

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

I Vend

APRIL 6, 2023

A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. iVend Point of Sale (POS) iVend are leading experts in retail point of sale.

Payment Services 98

Payment Services Point of Sale Customer Experience Inventory Management 98

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. The ultimate goal is to deliver personalized, omnichannel experiences to customers in all of Pandora’s 100 markets.

Jewelry 283

Jewelry Wholesale Consumer Point of Sale 283

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. On top of that, the companies that use AI for marketing and other purposes consistently outperform those that do not.

Point of Sale 52

Point of Sale Merchant Services Inventory Management Management 52

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.

Payment Services 147

Payment Services Point of Sale Customer Experience Consumer 147

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

Inside Retail

APRIL 30, 2024

This acquisition paved the way for RM Williams’ most significant digital investment yet, encompassing a comprehensive overhaul of its e-commerce platform, marketing strategies, and store systems. 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 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 21, 2022

Our 2022 report features C-level executives with decades of leadership experience, alongside start-up founders and digital specialists with a wide range of skills, from marketing to logistics. She is gearing up to launch a new website, followed by a move into the US market. . You can download it here.

Inventory Management 130

Inventory Management Point of Sale Fashion Management 130

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. Demand Forecasting Accurate demand forecasting is an essential aspect of effective supply chain management.

Inventory Management 98

Inventory Management Supply Chain Management Management Point of Sale 98

RETAIL MANAGEMENT SOFTWARE

DECEMBER 12, 2022

In the face of unprecedented and challenging market disruptions, forward-thinking retailers are turning to mobile POS systems to maximize productivity and profits. Equipping staff with enterprise-class mobile POS can add valuable mobility and visibility to the inventory management process. Keep Customer Data Up to Date.

Payment Services 97

Payment Services Point of Sale Customer Retention Customer Experience 97

Star Miconics

APRIL 20, 2022

Software that helps you create an online store, allows for online ordering, accounts for inventory management, and integrates with the proper point-of-sale (POS) hardware is a must-have to assist your delivery aims. Your online ordering system and point-of-sale machinery should work together seamlessly.

Payment Services 98

Payment Services Point of Sale Inventory Management Management 98

I Vend

SEPTEMBER 10, 2023

A retail point of sale system is an essential in retail. A retail point of sale system is about enabling and recording sales transactions – but it’s also so much more than that. Chosen well, a retail point of sale system can be the enabler that drives business growth and retail success.

Point of Sale 111

Point of Sale Inventory Turnover Management Inventory Management 111

Retail TouchPoints

FEBRUARY 10, 2021

Rather than creating conflict between a brand’s brick-and-mortar versus ecommerce channels, savvy brands have created systems that capitalize on the ability to reach consumers from a variety of touch points, streamlining the brand’s message and making it consistent across potential points of sale. Autonomous delivery.

Payment Services 173

Payment Services Fulfillment Supply Chain Management Management 173