Small Biz Trends

JULY 26, 2022

It causes monetary shrinkage to income and manufacturers, along with other businesses for an extended period of time. And aligning these two is not only an accounting problem; it’s an operational responsibility of a business owner.” The payment on the credit card goes to the vendor right away.

Payment Services 111

Payment Services Shrinkage Accounting Management 111

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.

Payment Services 214

Payment Services Kiosk Marketing Shrinkage 214

I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. Inventory management – Managing inventory in wine and liquor retail can prove to be a big headache. Data and insights – accurate tracking of data is everything when it comes to streamlining operations in wine and liquor stores.

Shrinkage 52

Shrinkage Inventory Management Payment Services Point of Sale 52

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.

Loss Prevention 246

Loss Prevention Shrinkage Returns Payment Services 246