Remove Accounting Remove Management Remove Payment Services Remove Wholesale
article thumbnail

Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

Cyberattacks and network outages can disrupt operations and erode customer loyalty. This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations.

article thumbnail

Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Wholesalers Can Jumpstart Expansion Efforts

Independent Retailer

That being said, if a company’s expansion efforts are not managed properly, global marketing success will be unattainable. . Wholesale businesses need to make sure they are fully prepared to handle the process. Wholesale businesses need to make sure they are fully prepared to handle the process. back to top.

article thumbnail

Leveraging Accounting to Boost Profits

Independent Retailer

Succeeding in business is not only about a great idea and the right product — it is also ultimately about making money, and making money means managing the books. Too often, independent retailers miss opportunities to increase their profits and streamline their operations because they are not taking a close enough look at accounting. .

article thumbnail

4 Tips for Staying Ahead of Retail Competitors

Retail TouchPoints

decrease from 2019 primarily driven by the decrease in single-site operators. To account for this rapidly evolving environment, savvy convenience retailers have focused on closing the gap between what consumers expect and what retailers can deliver. Focus on service. Contactless payment options are yet another big opportunity.

article thumbnail

Success Tips for Food & Beverage Wholesale Distribution

Independent Retailer

The best performing food and beverage wholesalers know that growing revenue only through new customer acquisition is not an efficient way to scale. With the shift to digital channels, food and beverage wholesalers and distributors now have unique opportunities to reclaim lost opportunities and revenue with the right proactive measures.

article thumbnail

6 Money-Saving Tips for Wholesale Businesses

Independent Retailer

Operating a business can be challenging, and especially with all of the negative impacts from the pandemic, many companies are still struggling to stay afloat. Since many retailers are experiencing an inventory bloat at the moment, it is crucial for wholesale suppliers to figure out ways to save money wherever they can.