I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. The US’ largest wine retailer makes 20% of their sales online, compared to 2% before the pandemic. So opportunity is abundant in the liquor retail market, for those retailers who can harness it.

Shrinkage 81

Shrinkage Inventory Management Payment Services Point of Sale 81

Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 Inventory management. from 2023 to 2030.

Payment Services 223

Payment Services Checkout Inventory Management Customer Experience 223

Retail TouchPoints

OCTOBER 28, 2022

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System? That is not all.

Supply Chain Management 253

Supply Chain Management Inventory Management Management Accounting 253

I Vend

APRIL 22, 2024

For retailers, thrift stores have become part of the ‘mainstream’, managed with many of the key disciplines of ‘regular’ retail. But thrift retail also has its own unique characteristics and store performance indicators. Thrift shopping continues to grow in popularity, particularly with millennial and Gen Z shoppers.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

Retail Bound

APRIL 13, 2024

Traditional Inventory: Beyond the Basics Operational Dynamics: Retailers purchase products in bulk, store them, and then ship them out as orders come in. Strategic Considerations: Inventory management becomes paramount. This space also uses utilities, and the excess inventory requires employees to manage and organize it.

Drop-Shipping 98

Drop-Shipping Shipping Merchant Services Payment Services 98

Retail Smart Guys

OCTOBER 18, 2022

A tremendous unconstant shift is happening in the retail market, resulting in the formation of smart retail. To understand this evolving marketing landscape, here’s how SMART retailing caused development and impacts in the industry. Automation and AI will speed up redundant tasks, such as inventory management.

Payment Services 52

Payment Services Inventory Management Point of Sale Promotions 52

I Vend

MAY 20, 2024

Many retailers therefore see a POS system upgrade as a necessity, and in a recent study, 60% said that POS replacement was their top priority. So opportunity is abundant in the liquor retail market, for those retailers who can harness it. Why are cloud-based systems more stable and reliable?

Payment Services 52

Payment Services Management Checkout Point of Sale 52