Inside Retail

MARCH 4, 2022

It captures a philosophy that sits at the heart of every successful enterprise. We can aim to maximise the quality of our product or service. Front office cash recyclers at an IGA store in Melbourne. Cash-In-Transit (CIT) services. Maximise profits, minimise shrinkage. It’s a powerful word in business.

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Shrinkage Payment Services Customer Experience Accounting 162

Small Biz Trends

JULY 26, 2022

It causes monetary shrinkage to income and manufacturers, along with other businesses for an extended period of time. You can catch up to Stoyan Kenderov at [link] if you need more information after watching this episode. Shawn: Can you discuss ways that you might, at least partially, recession-proof your business.

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Payment Services Shrinkage Accounting Management 111

Retail TouchPoints

AUGUST 22, 2023

Its primary purpose is to protect consumers by stifling sales of counterfeit, stolen and harmful products on online platforms — from ecommerce stores like Amazon, Etsy and auction sites to the many smaller marketplaces that may operate more locally or in niche categories. But compliance can be complicated.

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Payment Services Accounting Shrinkage Consumer 243

Retail TouchPoints

AUGUST 4, 2023

This, combined with workforce shortages, has caused airports to move more toward automation, with self-service check-in kiosks, baggage drops and mini stores. The growing exposure of travelers to self-service options has led to consumers preferring them as they are much more convenient than previous models.

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Payment Services Kiosk Marketing Shrinkage 241

Retail TouchPoints

NOVEMBER 7, 2023

Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores. The same retail security survey from NRF found that most retailers experience a shrinkage rate of around 1.4%, which is most often attributed to shoplifting, employee theft and ORC.

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I Vend

MAY 8, 2024

We take a look at how modern, integrated POS for wine and liquor stores can unlock a future of growth. 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%.

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Shrinkage Inventory Management Payment Services Point of Sale 52