article thumbnail

The UltimateShopper Sets New Standards: AI Theft Protection and Contactless Payment Integrated into the Shopping Trolley

365 Retail

This system helps prevent theft and reduces stock losses, all while maintaining full GDPR compliance. A key innovation is its contactless payment system, which allows customers to pay directly at the trolley, eliminating checkout queues and speeding up the entire shopping process.

article thumbnail

Small business finance: Five tips for managing cash flow effectively

Inside Retail

For many Aussie small and medium business owners, the ideal scenario paying suppliers as late as possible while receiving immediate payment from customers simply isnt realistic. Stay on top of invoicing Send invoices promptly and follow up on late payments diligently. Now, with the basics covered,lets look at some actionable tips: 1.

Finance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bad debt blowout fuels massive Afterpay loss

Inside Retail

The company’s operating expenses – in particular its bad debts – ballooned out from $72.1 Other rising expenses included a higher commitment to marketing the brand. The risk is then passed on to the BNPL company, which makes its money from a commission on transactions – and late payment fees. million a year ago to $176.8

article thumbnail

The Benefits of a Mobile POS for Retail Stores in 2025

M19 Retail

The Benefits of a Mobile POS for Retail Stores In the fast-evolving retail environment, where customer expectations continue to rise, delivering quick, personalized service is no longer optional; it’s essential for business growth and customer retention.

article thumbnail

Balancing Customer Loyalty in an Age of Growing Business Costs

Retail TouchPoints

By itself, living paycheck to paycheck with a couple of kids, a mortgage and a car payment or two is no small task. Customers expect that before a price increases, a thorough process has been undertaken to make sure the increase was needed. Don’t expect this to last forever. Think about it.

article thumbnail

PrettyLittleThing to axe jobs at Manchester HQ

Retail Gazette

Related Story Frasers accuses Boohoo of undisclosed 2m payments to founders son 23/01/2025 x 8:20 AM A spokesperson for Boohoo Group told the title: “As a business, Boohoo Group remains focused on ensuring that it is well-placed to potentialise the significant opportunities ahead, while maintaining a control on costs.

ATS 64
article thumbnail

Why growth is slowing at e-commerce giant Shopee

Inside Retail

It was a masterful demonstration of rapid systems and logistics development, and a good diplomatic effort, too, in the sense of co-ordinating with governments and marketplace partners to operate efficiently during all the lockdowns. But Sea’s other business units are acting as a drag on the top and bottom line.

ATS 246