Inside Retail

NOVEMBER 22, 2023

The holiday shopping season is teed up for its annual explosion of spending. However, unlike gift buyers heading to stores or shopping online these adversaries are not seasonal actors.

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Payment Services Supply Chain Management Accounting Point of Sale 162

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. Accounts with weak or plaintext passwords present another easy target, as do older accounts that are no longer used.

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Payment Services Accounting Point of Sale Checkout 247

Retail TouchPoints

MARCH 31, 2023

The aim is to incentivize a brand’s customers to shop with them, not its competitors. If a customer can earn points for every transaction they make and get rewarded with individualized benefits, matched to their likes, then it’s a major plus. This allows the brand and consumer to engage on a far higher level than previously possible.

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Payment Services Accounting Point of Sale Customer Experience 246

Retail TouchPoints

AUGUST 29, 2023

Amazon built synthetic data sets to mimic millions of realistic shopping scenarios — including variations in store format, lighting conditions and even crowds of shoppers — to help ensure accuracy in virtually any setting.

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Checkout Payment Services ATS Accounting 191

Retail TouchPoints

JULY 20, 2023

When members of the restaurant’s loyalty program hover their palm over the reader, associates can pull up their MyPanera account information, greet the guest by name and provide a customized experience, including palm-based payment.

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Payment Services Planning ATS Supermarket 215

Inside Retail

FEBRUARY 21, 2024

Consumers shopping in physical stores are seeking a more personalised and relevant engagement with retailers today, based on their needs and desires – they want more than conversations with sales associates merely trying to sell them something. Cook is referring to one of the key takeaways from the 2024 Omnichannel Leadership Report.

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Point of Sale Store Layout Shopping Accounting 130

Retail TouchPoints

JULY 12, 2022

Amazon has unveiled a new and improved version of its smart shopping cart — called the Dash Cart — and plans to roll out the carts at select Whole Foods Market stores for the first time. A few additional Whole Foods Market stores as well as a number of Amazon Fresh stores will also get upgraded Dash Carts over the coming months.

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Payment Services Shopping Marketing Accounting 247

Retail TouchPoints

OCTOBER 10, 2023

At the same time, retailers are acutely aware that ecommerce sales are continuing to grow as a percentage of overall holiday spending and, within that percentage, mobile sales in particular are skyrocketing. eMarketer expects retail mobile commerce sales to account for 43.4% of total retail ecommerce sales in 2023.

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Payment Services Social Commerce Accounting Customer Experience 233

Retail TouchPoints

JANUARY 14, 2022

Lead investors include funds and accounts managed by BlackRock, with participation from Schonfeld, Invus Opportunities, H.I.G. Bolt generated significant results in 2021, growing GMV per merchant by 80% and increasing its number of accounts and transactions by 180% and 200% , respectively, year-over-year.

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Checkout Accounting Management Point of Sale 182

Retail TouchPoints

DECEMBER 30, 2022

Using our payment card whilst we shop online rarely gives us pause, and the many millions who buy online generally trust the system. However, the recent busy shopping season means it’s a good time to remind ourselves that there is an ongoing battle to make sure that the payment card data of your customers remains secure.

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Merchant Services Payment Services Consumer Location 295

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.

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Supermarket Checkout Kiosk Grocer 246

Inside Retail

AUGUST 13, 2023

“In-store digital signage is equally impactful in driving increased sales and reducing store overheads for retailers.” “In In the past, digital signage has very much been ‘let’s put a TV here and some LED here’ but those days are over,” adds Natalie Layton, Entwined’s key account manager. “It’s

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Point of Sale Promotions Returns Accounting 130

Retail TouchPoints

JULY 21, 2023

Customers will be able to use their Schnucks Rewards account with the carts, providing them with access to clipped promotions and allowing them to view weekly circular deals as they browse the aisles. “We

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Checkout Promotions Supermarket Accounting 207

Retail TouchPoints

APRIL 8, 2024

TikTok also offers seamless shopping feature integrations on the platform, which allows users to buy products immediately through shoppable ads and in-app checkout. Brands should supply easy-to-find links to their ecommerce sites or their LinkTree. On TikTok, users will often put this information in their bios.

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Checkout Marketing Advertising Point of Sale 232

Retail TouchPoints

APRIL 21, 2021

Buy now, pay later (BNPL) also thrived over the past year, rising nearly 78% to account for 1.6% Digital wallet usage is expected to account for 40.5% Mobile wallets surged 60% to account for 9.6% Adoption of BNPL will be slightly slower at the physical POS, accounting for 3.9% of ecommerce spend. of transactions by 2024.

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Merchant Services Payment Services Checkout Accounting 291

I Vend

NOVEMBER 6, 2022

One thing’s for certain about the 2022 holiday shopping season – it’ll be unlike any that we’ve seen for a while. Not just a point of sale, but a fully integrated suite of retail functions – including in-store and online sales orders, inventory visibility, goods receipt, staff rostering, payroll, marketing and accounting.

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Management Payment Services Point of Sale Inventory Management 98

Retail TouchPoints

JUNE 2, 2023

The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% of orders, toward two -day or later windows, which account for 80%. Hot Topic has found that predictability — not necessarily speed — is among the most important aspects of the customer experience.

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Inventory Management Management Fulfillment Supply Chain Management 250

Inside Retail

OCTOBER 13, 2021

The assets and opportunities of retail media include websites, EDMs, apps, in-store media – such as aisle-end or on-shelf displays and radio or TV – along with retailers’ social-media channels like Facebook, Instagram, TikTok, Pinterest, YouTube, Snap and LinkedIn, and online platforms like Google Search and Google Shopping.

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Marketing Advertising Point of Sale Returns 277

Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Another danger for consumers using point-of-sale loans is a temptation to overspend. over the five years through 2024-25, to $1.1 billion, according to IBISWorld.

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Merchant Services Payment Services Consumer Point of Sale 130

I Vend

APRIL 14, 2021

It means using insights and intelligence to deliver the shopping experience their customers demand. Customers tell us that they are looking for a positive shopping experience, regardless of the channel they use. They want convenience, shopping when and where it suits them, as well as the safety of contactless purchases.

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Point of Sale Checkout Promotions Shopping 98

Retail TouchPoints

APRIL 10, 2023

Digital transformation isn’t easy for any brand, but for Pandora , with its 40 years of history and more than 6,400 points of sale across 100 countries, that effort is particularly complex. In 2022, Pandora banked 600 million visits across its online channels and stores.

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Jewelry Wholesale Consumer Point of Sale 228

I Vend

AUGUST 17, 2022

Supermarket shopping is, for the vast majority of consumers, an essential. Whilst other forms of retail may be seen as leisure and pleasure, the weekly food shop is more likely to be considered a must-do chore. Online/offline retail POS system – having your point of sale out of action rapidly creates queues.

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Payment Services Inventory Management Checkout Supermarket 52

Storis

APRIL 18, 2024

Customers expect a precise delivery date to be declared to proceed with a purchase both when shopping online and in-store. It’s about providing a date to close the sale and being able to reliably achieving it. Incoming Purchase Orders : This calculation will account for available merchandise quantities coming in on confirmed POs.

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Fulfillment Home Furnishings Point of Sale Inventory Management 52

Storis

APRIL 18, 2024

Retailers define their program guidelines, such as how many points are earned for each dollar spent and how many reward dollars the customer earns back based on point thresholds. It is essential to have precise accounting to track reward liabilities. Curated shopping appointments or professional design services.

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Payment Services Customer Retention Promotions Accounting 52

Mass Relators

APRIL 17, 2023

For instance, a few years ago when HRG was building the Self-Care Roadmap, we were looking at point-of-sale data and consumer purchase behavior research to build typical shopper baskets of those who had certain health conditions and those on particular health journeys.

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Point of Sale Accounting Management Planning 52

Storis

APRIL 12, 2024

Customers expect a precise delivery date to be declared to proceed with a purchase both when shopping online and in-store. It’s about providing a date to close the sale and being able to reliably achieving it. Incoming Purchase Orders : This calculation will account for available merchandise quantities coming in on confirmed POs.

Fulfillment 52

Fulfillment Home Furnishings Point of Sale Inventory Management 52

Storis

APRIL 12, 2024

Retailers define their program guidelines, such as how many points are earned for each dollar spent and how many reward dollars the customer earns back based on point thresholds. It is essential to have precise accounting to track reward liabilities. Curated shopping appointments or professional design services.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Retail Smart Guys

OCTOBER 10, 2022

Personalized Shopping Experience. According to the BCG survey, customers are 110% likely to buy more items and 40% more likely to spend above their budgets when the shopping experience is personalized. People spend so much time browsing their social media accounts like Facebook and Instagram. Adopt AI-driven retail technologies.

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Social Commerce Point of Sale Checkout Advertising 52

Star Miconics

APRIL 20, 2022

Software that helps you create an online store, allows for online ordering, accounts for inventory management, and integrates with the proper point-of-sale (POS) hardware is a must-have to assist your delivery aims. Setting up an online shop for your cannabis will take some work, but it is worth every effort.

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Payment Services Point of Sale Inventory Management Management 98

Retail TouchPoints

AUGUST 14, 2020

Panelists shared insights from the Salesforce Shopping Index , which collected responses from more than one billion consumers worldwide, and the annual Sixth Edition: State of Marketing Report , which was released this May. Given the proliferation of shopping platforms, retail marketers are striving to make the checkout experience easy.

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Marketing Consumer Checkout Customer Experience 258

365 Retail

JANUARY 12, 2024

Cash, cheques and invoices accounted for together 95% of turnover. Not only is 60% of turnover in offline retail now accounted for by card-assisted payment systems, but the diversity of digital payment methods has also markedly increased. Credit card payments were done via Imprinter and a paper receipt.

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Payment Services Checkout Accounting Point of Sale 62

Independent Retailer

JULY 15, 2021

Sales of CBD products at tobacco stores and smoke/vape shops have increased at a substantial rate over the past few years, with no slowdown in sight. Here are some important questions frequently asked by shops that sell CBD products: Q: My business would prosper greatly if I was allowed to sell CBD via credit card transactions.

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Merchant Services Point of Sale Checkout Accounting 96

Rain Pros

MARCH 6, 2024

While different kinds of shops may find success with a variety of strategies that fit their businesses, some time-tested strategies have proven to be effective across industries, such as ABC Analysis. This theory also applies to retail sales, where often a small fraction of product offerings accounts for a large percentage of sales.

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Inventory Management Inventory Turnover Point of Sale Accounting 40

Independent Retailer

JUNE 23, 2022

Whether you are a gift shop, c-store, service provider, or gas station owner, you can easily fall victim to high credit card transaction fees, and sometimes even hidden surprises debited right out of your bank account. National Retail Solutions (NRS) offers NRS PAY credit card processing to help merchants with this problem.

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Merchant Services Payment Services Point of Sale Accounting 52

365 Retail

NOVEMBER 22, 2023

At EuroCIS, GK Software will also exhibit an AI-based solution: GK AIR Fraud Detection was developed with the aim of integrating a machine-learning shopping cart check at the Point of Sale. This software establishes the probability of a correct scan process for each shopping cart using a scoring algorithm.

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Payment Services Loss Prevention Checkout Shopping 104

RETAIL MANAGEMENT SOFTWARE

OCTOBER 22, 2020

While brick and mortar stores still play a strategic role in this market vertical, online shopping has skyrocketed, and with $294 billion expected in online home furnishing sales by 2022, retail store owners can no longer afford to miss out on the opportunity to ramp up their cross-channel game plans.

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Payment Services Drop-Shipping Shipping Point of Sale 61

365 Retail

JUNE 18, 2021

Starbucks slumped to a £41 million loss in the UK in the past year as the Covid-19 pandemic took its toll on the coffee shop chain. But despite the pandemic, Starbucks continued to pay their staff in full and did not take any Government furlough money for its non-franchised stores, which account for around 30% of all sites in the UK.

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Point of Sale Accounting Location Marketing 73