POS Systems

The Advancements of Retail Tech in 2025
March 10, 2025 at 11:46 am

Technology has been helping to shape the retail sector for years. However, in 2025 we’ll see that impact soar as developments become more advanced and arrive faster than ever. The most significant changes will stem from the need to streamline basic processes, like tracking point-of-sale (POS) activations, along with a desire to harness new technology…

Tips for Retailers to Avoid Tech Security Outages
March 5, 2025 at 7:14 pm

In partnership with Censuswide Research, NCR Voyix recently commissioned a survey of U.S. IT professionals and found that nearly 40 percent of respondents average 86 instances of regular maintenance to their in-store technology stacks each year. The kicker: 40 percent of respondents said these updates can take between two weeks and six months for an…

Boosting Retail Sales With Faster Checkout Systems
January 7, 2025 at 11:45 am

While friendly sales staff, top-notch products, and eye-catching visual merchandising draw consumers into your store, the checkout process is critical in converting them into paying customers. Research reveals retailers lose approximately $37.7 billion annually due to long checkout lines. That said, if your checkout experience isn’t up to par, it could significantly impact your bottom…

3 Ways Retailers Can Capitalize on Holiday Sales
December 10, 2024 at 11:53 am

It’s that time of the year when sales take on new horizons and retailers have the opportunity to capitalize on fresh consumer enthusiasm during the holiday season. The festive period is here, and retailers must prepare and refine their approach to make the most of increased sales opportunities. The holiday period proves itself to be…

Measuring the Unmeasurable: A Deep Dive on Point of Sale ROI
August 5, 2024 at 9:42 am

To say measuring the return on investment at the point of sale (POS) is difficult in retail is an understatement. It's not as simple as counting how many units a brand sold from an in-store display. You also have to track factors like display engagement to gauge if consumers are noticing. You have to consider…

The Importance of Inventory Management Amid Donor Fatigue
July 30, 2024 at 12:44 pm

In 2023, the U.S. secondhand market generated an estimated $53 billion in revenue — with no signs of slowing down. However, thrift stores, like any retail operation, must ensure they have a sound inventory flow, especially during times of donor fatigue. With the growth the industry is poised to have over the next few years,…

Technology Helps Specialty Retailers Deliver More Personalized Shopping Experiences
July 8, 2024 at 2:10 pm

If small business owners could clone themselves to be in multiple locations executing five critical tasks at once, most probably would. Especially if that meant they could spend more face time with customers. Carson Searcy, owner of CBS Sports, an outdoor and sporting goods independent retailer in Morganton, NC, is no exception. From kayaks and…

Revenue and Loyalty: The Power of Personalized Financing Options
June 6, 2024 at 4:22 pm

In today's competitive retail landscape, providing a seamless customer experience is no longer enough. Consumers and businesses increasingly seek flexible and personalized financial solutions at the point of sale (POS). Since 2018, POS lending products have experienced an annual growth rate of 20 percent, and the number of users of these services is expected to…