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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. And that’s where your Workforce Management systems come into play,” says Bretherton.

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Why Every Café and Coffee Shop Needs a Linerless Sticky Label Printer

Star Miconics

Modern Labeling Technology The teams at these shops must ensure they work accurately; mistakes and shrinkage can account for 4-10% of inventory loss. Café and Coffee Shop Sticky Label Printer ROI Investing in a high-quality sticky label printer can yield substantial returns for your café or coffee shop.

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Organized Retail Crime is on the Rise, but AI Can Stop This Troublesome Trend

Retail TouchPoints

Common examples of ORC include when merchandise is stolen and returned for profit or sold through online auctions or in-person sales. 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 report also found that there was a 26.5%

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Avoiding Stockouts: 5 Preventable Causes of Out-of-Stocks and What to Do About Them

Retail Times

Between shipment variances, misplaced products, returns, and stolen goods, retailers find that the inventory numbers they have on paper (or on screen) often don’t match what they have in their stores. Such solutions are also beneficial if you have several locations because they allow you to manage multiple stores from one place.

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Inventory management for efficiency and experience

I Vend

iVend Retail Inventory Management Inventory management drives store efficiency and customer experience. Read about iVend’s smart retail technology for inventory management. Inventory management systems give retailers visibility of all their stock, wherever it is.

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Is Your Wine & Liquor Store Stuck in the Past? Unlock Growth with Integrated POS

I Vend

Online sales account for $40 billion and are growing faster than brick and mortar sales. Inventory managementManaging inventory in wine and liquor retail can prove to be a big headache. Loyalty and promotions – liquor retailers want to create loyal customers who return to the store for all their alcohol purchases.