Small Biz Trends

DECEMBER 6, 2022

A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. What Is a Point of Sale POS System? Best Overall Point of Sale Systems.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

Retail TouchPoints

DECEMBER 5, 2024

Sales associates need robust POS solutions. Your POS system needs to account for that. Remember all the things associates are expected to do in stores? All the ways they need to serve customers? Deep functionality, served up in a simple way. It’s a lot harder than it sounds.

Payment Services 275

Payment Services Loss Prevention Fulfillment Shipping 275

Retail TouchPoints

DECEMBER 11, 2024

However, with Dash Cart you sign in with your Amazon Prime account at the beginning, and as long as youre okay using the card Amazon already has on file, you just have to exit the store through a designated area to indicate that youre done shopping and ready to be charged.

Checkout 284

Checkout Grocer Kiosk Promotions 284

Retail TouchPoints

MAY 9, 2025

This approach proved successful in the mid-20th century and by 1960, grocery chains and supermarkets accounted for 70% of retail food sales. By 2022, grocery stores accounted for about 25% of total food spending. Unfortunately, those same retailers are struggling today. As such, traditional grocers are losing market share.

Grocer 173

Grocer Supermarket Promotions Customer Experience 173

Retail TouchPoints

FEBRUARY 17, 2025

With enhanced speed, accuracy and adaptability, voice picking optimization enables retailers to fulfill orders more effectively, whether they’re coming through mobile apps, ecommerce sites or in-store point-of-sale systems.

Fulfillment 214

Fulfillment Inventory Turnover Apparel Shipping 214

Retail TouchPoints

NOVEMBER 4, 2020

Further, making purchases online has become even easier with the emergence of point-of-sale (POS) lending, which allows consumers to split the cost of purchases into regular installments — even for a purchase as small as a $75 sweater. Because of this ease, merchants have begun relying on POS financing to drive sales growth.

Merchant Services 317

Merchant Services Payment Services Accounting Jewelry 317

Retail Focus

NOVEMBER 27, 2024

Healthcare Hospitals and clinics use shadow boards to organise medical instruments, ensuring that everything is sterilised and accounted for after procedures. Retail and Hospitality Even in non-technical environments, foam shadow boards can be used for organising cleaning supplies, point-of-sale tools, or other frequently used equipment.

Accounting 130

Accounting Point of Sale Location Returns 130

Retail TouchPoints

AUGUST 5, 2024

But a legacy point-of-sale (POS) system that lacked any kind of mobile functionality tied too many associates to cash wrap workstations — a major source of inefficiency during ongoing labor shortages in retail. That’s three different passwords and user accounts in each store across the fleet.

Inventory Management 264

Inventory Management Point of Sale Promotions Jewelry 264

Retail TouchPoints

SEPTEMBER 10, 2024

The app allows associates, which Levi’s calls stylists, to access customers’ Red Tab loyalty program accounts (with their permission), giving the stylists the data they need to make better recommendations.

Checkout 258

Checkout Accounting Returns Planning 258

Retail TouchPoints

JUNE 10, 2024

First-party data is what your business owns, such as the data gathered through Google Analytics, account details and purchase histories, and utilizing it is privacy-centric. For example, we can look at an apparel company that prompts a customer to share their clothing sizes in their account details.

Marketing 299

Marketing Accounting Customer Experience Point of Sale 299

Inside Retail

NOVEMBER 21, 2021

It’s privacy-first and gives both parties access to ready-to-buy audiences right at the point of sale, allowing for more precise targeting (right down to the SKU level). . Collab offers transparent campaign results to ensure you’re holding ad spend accountable for performance. .

Point of Sale 264

Point of Sale Checkout Advertising Accounting 264

Inside Retail

JULY 2, 2024

Given that human error accounts for 95 per cent of cyber security breaches, the importance of regular training and discussions cannot be overstated. Lack of cyber security awareness among staff: Human error is a major factor in cyber security breaches, accounting for 95% of incidents.

Payment Services 263

Payment Services Accounting Point of Sale Planning 263

Retail TouchPoints

APRIL 3, 2023

The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. One example is overprivileged accounts, such as when a group is granted administrative privileges inherited by every user.

Payment Services 300

Payment Services Accounting Point of Sale Checkout 300

Retail TouchPoints

APRIL 7, 2025

The consumer must not be surprised to receive the authentication challenge involved with 3DS and should understand that this procedure has been introduced by the cardholders issuing bank to protect their credit card account. Next, the authentication request must be embedded properly into the checkout process.

Payment Services 162

Payment Services Checkout Consumer Accounting 162

Retail TouchPoints

MARCH 31, 2023

billion people will be using a digital wallet to shop in 2023, and that this will account for a whopping accounting for 52% of ecommerce payments globally. billion global consumers will pay with digital wallets at the point of sale (POS) next year, accounting for 30% of POS payments. It’s reckoned that nearly 4.5

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

Inside Retail

MAY 1, 2024

Australian grocery stores have been increasingly diversifying their beauty product categories and brands to account for an evolving industry and new demographics. While that end of the market is more saturated, “if you get it right, the opportunity is much greater,” he said.

Beauty and Health 263

Beauty and Health Point of Sale Consumer Marketing 263

Retail TouchPoints

JULY 12, 2023

The store knows what you took from the shelf and put in your cart and can charge you for it on your account that’s linked to their system. Those same cameras and sensors also are at the heart of the grab-and-go checkout system featured in Amazon Go stores.

Payment Services 246

Payment Services Inventory Management Checkout Loss Prevention 246

Retail TouchPoints

JANUARY 12, 2024

The purchase amount is automatically deducted from the employee’s payroll account, a major benefit for doctors, nurses and other staff people who often don’t carry wallets or purses while they’re working. Employees can look up receipts and account balances in the hospital’s badge pay web portal or mobile app.

Payment Services 264

Payment Services Accounting Checkout Apparel 264

Storis

SEPTEMBER 19, 2024

Quotes play a critical role in closing deals in the furniture and appliance retail industries, especially when working with designers or contractor accounts. By offering quotes at the point of sale, businesses can enhance transparency, build trust, and ultimately increase the likelihood of closing a sale.

Point of Sale 52

Point of Sale Home Furnishings ATS Promotions 52

Retail TouchPoints

JULY 10, 2024

The ability to gather information from mobile app sales, social media and points of sale may be especially helpful for understanding a brand’s relationship to the customer, and the Gen Z cohort more specifically. Hungry for the next novelty, many will return to that venue only if there is something new to experience.

Point of Sale 261

Point of Sale Location Consumer Customer Experience 261

Retail TouchPoints

DECEMBER 30, 2022

In the early days and now, criminals stole cardholder data from internet-connected point-of-sale (POS) systems to make their own fraudulent transactions. The war between criminal gangs and the payment industry has been raging for some time.

Merchant Services 330

Merchant Services Payment Services Consumer Location 330

Wiser

MAY 8, 2024

Proper trade spend accounting offers a clearer view of investment returns and helps businesses make more informed decisions. Understanding Trade Spend Before diving into the nuances of trade spend accounting, it’s crucial to establish a clear understanding of what trade spend entails.

Accounting 78

Accounting Promotions Returns Management 78

Retail TouchPoints

APRIL 17, 2024

The retailer will deploy the Stripe Terminal at more than 600 stores, and Stripe will simplify online checkout by allowing shoppers to seamlessly pay for items with funds from their bank accounts using Link and Stripe Financial Connections.

Payment Services 264

Payment Services Merchant Services Checkout Accounting 264

Inside Retail

OCTOBER 13, 2021

We can deliver a brand or retailer’s message across an entire ecosystem, right down to the actual point of sale. Our technology can work on anything with an open API – so in-store screens and point-of-sale media messages can be integrated with social-media campaigns, EDMs, website advertising and even apps used in or out of stores.

Marketing 277

Marketing Advertising Point of Sale Returns 277

Storis

SEPTEMBER 12, 2024

In retail, the integration between software and hardware components is crucial for seamless operations, particularly at the point of sale (POS). Among these components, the cash drawer and the point of sale (POS) system stand out as vital cogs in retail machinery.

Point of Sale 52

Point of Sale Payment Services Checkout Management 52

Retail TouchPoints

NOVEMBER 20, 2023

External Theft According to the NRF, shoplifting and other forms of external theft, including burglary, accounted for 37% of reported shrink in 2022. Creating a single point of entry and exit for the self-check area — and staffing it with a customer service monitor — tells potential thieves they are being watched.

Payment Services 312

Payment Services Sporting Goods Inventory Management Loss Prevention 312

I Vend

FEBRUARY 9, 2025

Read more Challenges Online/offline – Online research and sales account for an ever increasing share of the market. Heres some of the things to look for in a point of sale platform for your electronics retail business. iVend Retail for Electronics is specifically designed to address them.

Payment Services 52

Payment Services Point of Sale Inventory Management Management 52

Retail TouchPoints

MARCH 16, 2023

Participating businesses also will receive checking and savings accounts and hardware from Square. He has been joined by actress and activist Rosario Dawson; Ayesha Curry, CEO of Sweet July ; and financial advisors and podcasters Rashad Bilal and Troy Millings of Earn Your Leisure.

Beauty and Health 278

Beauty and Health Accessories Accounting Payment Services 278

Retail TouchPoints

JANUARY 10, 2024

The discrepancy may occur due to clerical errors, goods being damaged or lost, or theft from the point of purchase from a supplier to the point of sale.” If Stadium Goods loses the inventory, it’s accountable and has to pay the marketplaces for that product.

Shrinkage 310

Shrinkage Bar Codes Shipping Finance 310

Retail Focus

JULY 28, 2021

For example, since McDonald’s introduced kiosk ordering systems, sales have increased, in part due to reduced customer pressure at point of sale (POS). The potential for real-time accounting and replenishment systems is unreal — not to mention the supply chain savings that live information from Just Walk Out will yield.

Supermarket 246

Supermarket Checkout Kiosk Grocer 246

Retail TouchPoints

FEBRUARY 27, 2024

Mattle’s background is in servicing Fortune 1,000 multi-national accounts on property, casualty and executive risk lines, including cyber, in the retail and wholesale space.

Payment Services 278

Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

OCTOBER 28, 2022

Every business has a number of core processes, units and departments that each function as vital cogs in the machinery, including manufacturing, order management, purchasing inventory, accounting, human resources, financial management and so much more. The secret lies in their well-developed Customer Relationship Management (CRM) system.

Supply Chain Management 278

Supply Chain Management Inventory Management Management Accounting 278

Bindo

JULY 23, 2017

It’s hard to shop for a point of sale system, especially if you haven’t operated a restaurant or vetted a system before. There are lots of components of a point of sale system that will impact your business and sometimes it’s hard to know what those things are until you actually start using a system.

Point of Sale 52

Point of Sale Location Management Accounting 52

Retail TouchPoints

AUGUST 18, 2022

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. By 2025, buy now, pay later is projected to account for 1.6% ($941 billion ) of global POS transaction value.

Merchant Services 278

Merchant Services Payment Services Consumer Point of Sale 278

Retail TouchPoints

AUGUST 29, 2023

Grubhub partners with 300 higher education institutions and works with campus dining programs, allowing students to integrate meal plans directly into their Grubhub account to access restaurants both on- and off-campus for delivery and pickup.

Checkout 242

Checkout Payment Services ATS Accounting 242

Inside Retail

JULY 31, 2024

Geeks2U supports our customers beyond the point-of-sale, providing help to set up mobile phones, printers, computers or smart home devices,” Hunter said. Another way Officeworks’ connects with consumers beyond the transacion is through its website. “Our

Point of Sale 278

Point of Sale Marketing Accounting Consumer 278

M19 Retail

APRIL 14, 2021

The health crisis is accelerating the transformation of physical points of sale. The adaptation of point of sale networks to the health crisis takes several forms, depending on the brand. With the development of e-commerce, consumers can buy anything, anywhere, anytime.

Point of Sale 52

Point of Sale Management Markdowns Accounting 52