Retail TouchPoints

AUGUST 3, 2022

Buy now, pay later is short-term financing that allows people to buy everyday items like home goods, electronics and clothes in low to no interest monthly installments — and receive the goods immediately. BNPL financing is relatively easy for retailers to manage. It drives order value. It’s widely available. •

Payment Services 277

Payment Services Finance Point of Sale Checkout 277

Retail TouchPoints

NOVEMBER 4, 2020

Consumer preference for online shopping continues to rise, as more purchases are being made online than in stores with each passing year. retail sales surpassed general merchandise sales for the first time in history. 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 TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions. Hudson Undertakes Companywide Transformation.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall, which opened after a years-long delay in October 2019 , struggled (as many retailers and malls did) with COVID-19’s impact on in-person shopping. The American Dream mall and entertainment complex failed to make a Feb.

Payment Services 276

Payment Services Department Stores Checkout Finance 276

Retail TouchPoints

JANUARY 13, 2021

The retailer plans to explore a number of Mastercard solutions including services such as insight and analytics, customer engagement and loyalty, cybersecurity and point-of-sale financing, including installments.

Point of Sale 179

Point of Sale Finance Planning Management 179

Retail TouchPoints

AUGUST 2, 2021

This also gives them a financing option where they can control the parameters of how much to ‘lend’ and who to lend to. “BNPL has become as expected online as any other payment method, and Square’s ability to bring this into the store and capture some of that margin is likely to add to their own bottom line,” Watson added.

Merchant Services 317

Merchant Services Payment Services Checkout Finance 317

Retail TouchPoints

JULY 5, 2024

In today’s digital-first marketplace, consumer expectations for flawless shopping experiences, whether in-store or online, have reached unprecedented heights and are putting pressure on retailers to provide an “always on” business model. Rob Reid is a Technical Evangelist at Cockroach Labs based out of London, England.

Payment Services 278

Payment Services Customer Experience Inventory Management Consumer 278

M19 Retail

OCTOBER 10, 2023

This data sheet is written for professionals in specialty retail organizations in a variety of verticals who are involved in store solutions, including point of sale (POS). Roles may include senior executives, information technology, operations, customer experience, finance, and more. What will I learn about?

Point of Sale 52

Point of Sale Specialty Retailers Finance Customer Experience 52

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. The aim is to incentivize a brand’s customers to shop with them, not its competitors.

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

Retail TouchPoints

FEBRUARY 7, 2024

The digitization of brick-and-mortar stores is nothing new, but up until recently it has primarily been focused on surfaces in the store that are already digital: point-of-sale systems or back-of-house tasks like inventory management. If the NRF show is any indicator, then that is exactly things are headed in the coming years.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Retail TouchPoints

JULY 2, 2024

While the cheeses themselves aren’t sourced on Faire, owner Alex Sinclair said that about one-fifth of the shop is: “We use Faire for very, very niche, little-known products from independent makers in the UK, specifically Scotland, Wales and England,” said Sinclair in an interview with Retail TouchPoints. “If

Wholesale 264

Wholesale Merchant Services Marketing Payment Services 264

Independent Retailer

AUGUST 29, 2022

“Point of sale financing has historically been reserved for large purchases like luxury electronics, but now we are seeing an uptick in consumers using installment plans for smaller purchases across large and small retailers.” BNPL loans allow shoppers to make purchases with deferred or no interest installment loans.

Merchant Services 98

Merchant Services Finance Point of Sale Consumer 98

Retail Next

SEPTEMBER 10, 2019

Do you own a retail shop, or thinking of starting one? If you aren’t good with finances or are simply strapped for time, hire a bookkeeper to track your finances. Invest in a Point-of-Sale (POS) System. Shop Around to Lower Credit Card Service Fees. Don’t Go Big. Also, don’t be afraid to ask for a discount.

Finance 59

Finance Payment Services Loss Prevention Accounting 59

I Vend

APRIL 2, 2025

You know that its more than simply a point of sale, and that it offers a comprehensive platform for managing the entire retail operation. They expect to be able to earn and redeem loyalty points in the same way regardless of how they shop and receive promotions that apply online and in the brick and mortar store.

Management 52

Management Payment Services Inventory Management Point of Sale 52

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.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Inside Retail

MAY 7, 2024

Situated in the TRX district, a hub for both finance and fashion, the new store aims to blend luxury with cultural flair, targeting the affluent consumer base of Southeast Asia. Currently, we have more than 3320 shops worldwide to help us realise the corporate vision of ‘Brand of Hong Kong, Sparkling the World’,” she noted.

Boutique 113

Boutique Point of Sale Finance Consumer 113

I Vend

NOVEMBER 7, 2023

Retail technology can streamline inventory management by enabling retailers to accurately track goods from delivery to sale through to returns. It’s part of an overall trend to complete holiday season purchases over a shorter period of time – the planned shopping ‘window’ for 2023 is 5.8

Inventory Management 97

Inventory Management Point of Sale Management Returns 97

I Vend

NOVEMBER 6, 2023

weeks, down from a pre-pandemic shopping season of 7.4 Inventory tracking and analysis is key to forecasting accurately, and planning to have the right goods to ensure a fruitful and profitable holiday season shopping period. It’s going to be especially so in 2023, as shoppers move to a shorter shopping window.

Inventory Management 90

Inventory Management Management Point of Sale Returns 90

Inside Retail

APRIL 29, 2023

Consumers, too, preferred to use contactless payments or to shop online. 3 The hidden cost of cash For many organisations, completing the sale with the least disruption is usually more important than eliminating cash. 7 PwC, Frictionless – the future of shopping, November 2022.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Inside Retail

JANUARY 4, 2022

Despite the reopening of bricks-and-mortar stores, Australia Post has reported that online shopping has increased 23.4 With such a big portion of shopping now taking place online, retailers are under more pressure to ensure they’re offering their customers a safe space to shop. The global retail industry attracts a sizable 5.2

Planning 130

Planning Accounting Point of Sale Finance 130

I Vend

DECEMBER 10, 2023

Effective inventory management leads to lower overall inventory costs, fewer lost sales due to stock-outs, and greater customer satisfaction – and ultimately more profit. Point of sale store operations – customers want fast and friction-free checkout, and retailers need to know what has been sold.

Shrinkage 94

Shrinkage Inventory Management Store Layout Checkout 94

Cisco Retail

APRIL 13, 2021

A week later she goes shopping near the bank. Everywhere there, banks can invite people to immerse themselves in the mobile and digital world of the bank – be it via the smartphone app or a digital POS (point of sale). This then leads to various offers for the leasing or loan financing of vehicles.

Finance 93

Finance Department Stores Point of Sale Accounting 93

Merchant Marverk

AUGUST 10, 2020

Besides its global takeover, one of the things I admire most about Shopify POS is that it’s very upfront about disclosing every component of hardware that its point of sale system works with. Shopify also offers the option to purchase certain hardware in monthly installments via Affirm Financing. Shopify Card Readers.

Payment Services 61

Payment Services Merchant Services Finance Point of Sale 61

Storis

AUGUST 2, 2024

Further, there is increased accessibility of this solution natively in mobile point of sale systems. Documents can be signed electronically from anywhere on a mobile device, enhancing the overall shopping experience by eliminating the need to stand in a lengthy checkout line to complete the necessary documentation.

Finance 52

Finance Home Furnishings Point of Sale Operating Expenses 52

Storis

MAY 31, 2024

Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator. Retailers may also run promotional financing offers targeted to new applicants with attractive sign-up offers. What are the benefits of store credit cards to retailers and their consumers?

Payment Services 52

Payment Services Finance Accounting Promotions 52

365 Retail

OCTOBER 5, 2021

Following the initial deployment, and realising the value of the platform, the retailer began using it to streamline other key aspects of the business, from operations and maintenance to marketing, stock and finance – with each store now processing daily cash closures digitally through YOOBIC. “A

Customer Experience 52

Customer Experience Visual Merchandising Point of Sale Employee Engagement 52

Storis

DECEMBER 12, 2023

The automatic and consistent sharing of product data across your point of sale , inventory management solution , and website saves your team countless hours manually updating information. Help your online shoppers find the perfect holiday gifts with product recommendations for everyone on their shopping list.

Home Furnishings 52

Home Furnishings Inventory Management Point of Sale Finance 52

Retail Gazette

FEBRUARY 6, 2024

Advanced Supply Chain (ASC) polled 100 UK retailers, with 63% reporting a rise in the number of goods being returned during the last year, which they attribute largely to the squeeze on consumer finances. Shoppers want it to be simple and straightforward to return products.

Customer Experience 52

Customer Experience Returns Inventory Management Point of Sale 52

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. Ecommerce platforms also help businesses manage their websites, marketing, sales, and other various operations. You can design personalized shopping experiences with customer groups.

Merchant Services 120

Merchant Services Payment Services Drop-Shipping Shipping 120

Retail Bound

DECEMBER 3, 2021

Keep reading to learn valuable holiday selling eCommerce tips such as how to survive the post-holiday sales slump. Tips to Prepare for the Post-holiday Slump in Sales. As a small business owner, you do everything you can to prepare for that critical shopping season that falls between Thanksgiving and Christmas. So, what’s next?

Inventory Management 52

Inventory Management Shipping Finance Planning 52

Retail Next

DECEMBER 19, 2019

Just a few decades ago a POS (point of sale) terminal was nothing more than a cash register where you’d come and pay for goods or services you just acquired in a certain store. Keeping your finances clean is an important element of your business integrity and prospect. Standard Tax. Mobile functionality.

Payment Services 64

Payment Services Checkout Accounting Point of Sale 64

365 Retail

JUNE 5, 2024

In a business world where customers demand seamless shopping experiences, retailers face intense pressure to keep up. Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. This article explores how cutting-edge tech can transform the retail industry.

Payment Services 52

Payment Services Inventory Management Checkout Inventory Turnover 52

Clover - Retail

JULY 3, 2024

A financial forecast and projections, providing a summary of how you think your business will perform in its first few years and the type of financing you’ll need to support your business goals. Find a site for your jewelry store Deciding on where to set up your jewelry shop can depend on several considerations.

Jewelry 52

Jewelry Payment Services Planning Accessories 52

Storis

JANUARY 22, 2024

Additionally, as in-person shopping is expected to accelerate , furniture retailers can modernize store design to enhance the environment. They simply shop. Retail and Technology Initiatives for 2024 The Momentum of Mobile POS Mobile Point of Sale is a top 3 technology initiative in STORIS’ 2024 survey.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

In the fast-paced world of retail, managing finances effectively is crucial for the success of any business. From tracking sales to managing inventory and controlling expenses, retail accounting plays a vital role in keeping operations running smoothly.

Accounting 52

Accounting Inventory Management Inventory Turnover Management 52

Storis

APRIL 12, 2024

Access to member-only financing plans with attractive terms and interest rates. Curated shopping appointments or professional design services. Early or exclusive access to seasonal sales and private events. Early or exclusive access to seasonal sales and private events.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52

Storis

APRIL 18, 2024

Access to member-only financing plans with attractive terms and interest rates. Curated shopping appointments or professional design services. Early or exclusive access to seasonal sales and private events. Early or exclusive access to seasonal sales and private events.

Payment Services 52

Payment Services Customer Retention Promotions Accounting 52