POS Systems
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 considerโฆ
In 2023, the U.S. secondhand market generated an estimated $53 billion in revenue โ 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,โฆ
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 andโฆ
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 toโฆ
Every year, designers push creative horizons, unveiling innovative styles that push the boundaries of traditional design and showcasing new and unique items that align with current trends. Some of these new pieces quickly capture retailersโ attention and become best-sellers, while others fade into obscurity. Retailers are also dealing with past trends making a comeback whileโฆ
Self-checkout has become a hot topic in the retail landscape. While it has offered convenience and empowerment to customers, it has also presented opportunities and challenges for store owners. In recent weeks, retailers have started to make decisions about the future of self-checkout in their stores. Dollar General and Kroger have removed self-checkout from someโฆ
As retailers across industries recognize the growing importance of sustainability, the role of technology in enabling eco-friendly shopping experiences has never been more critical. The shift towards sustainable shopping, driven by consumers' values and environmental consciousness, has reshaped the retail landscape. According to Statista, 60 percent of surveyed individuals made at least one second-hand purchaseโฆ
Through my years in the fintech and restaurant tech industries, I've witnessed firsthand the transformative impact of technology on the retail and food service industries. Today, as we navigate a landscape marked by rising labor costs and personnel shortages, the adoption of self-service technology isn't just an option, it's becoming a necessity. The Changing Faceโฆ
Being a forward-thinking retailer requires actively identifying shifts in consumer behavior. Perhaps one of the most notable changes in recent years has been the rise in cashless consumers. According to a Pew Research Center survey, roughly four in 10 Americans (41 percent) say none of their purchases in a typical week are paid for using cash, upโฆ
Data plays a pivotal role in the retail landscape. It has transformative potential to elevate a store โ whether physical or online โ to new heights of success. In today's highly competitive market, data-driven insights are a game changer. By meticulously analyzing customer purchasing patterns, preferences and behaviors, retailers can tailor their product offerings andโฆ