Retail Minded

MARCH 20, 2025

Thus, it highlights the urgent need for strong risk management strategies. From shoplifting to cyberattacks retailers must navigate an array of risks both in physical stores and online platforms. Learning about these threats is the first step in developing strong risk management strategies. billion in 2024, costing 6.5

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

NOVEMBER 7, 2023

According to the 2022 Organized Retail Crime Survey from the National Retail Federation, in partnership with Appriss Retail and the Loss Prevention Research Council, for every $1 billion in revenue that a U.S. retailer makes, more than $700,000 is lost due to ORC. Dr. Adi Raz serves as the VP of Data Science for Appriss Retail.

Loss Prevention 297

Loss Prevention Shrinkage Returns Payment Services 297

I Vend

MAY 8, 2024

Inventory management – Managing inventory in wine and liquor retail can prove to be a big headache. They can provide guidance to customers in the aisle as they browse, upsell to increase basket size, and even take payment so that customers avoid checkout lanes. FAQs: What defines an integrated POS management system?

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

365 Retail

SEPTEMBER 1, 2024

IoT in Retail: Understanding the Ins and Out Fundamentally, the Internet of Things (IoT) is the network of physical objects—devices, cars, appliances, and more—embedded with sensors, software, and other technologies allowing them to connect and transmit data with other devices and systems over the internet.

Payment Services 122

Payment Services Shrinkage Checkout Consumer 122

Wiser

JUNE 23, 2020

Mobile payments and rewards, the drive to provide healthier options, and consumers’ demand for fast service without compromising on quality have affected every type of restaurant. Uber Eats, DoorDash, and others may be delivery platforms, but they are also key discovery portals as well. You don’t want to be invisible there.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

Small Biz Trends

JULY 26, 2022

It causes monetary shrinkage to income and manufacturers, along with other businesses for an extended period of time. It is part of an unavoidable part of the business cycle, and it often create s significant havoc among many small businesses when it happens. The payment on the credit card goes to the vendor right away.

Payment Services 109

Payment Services Shrinkage Accounting Management 109

RETAIL MANAGEMENT SOFTWARE

JANUARY 8, 2025

Whether you’re managing a single store or a vast network of locations, a powerful POS system can streamline transactions, boost sales, improve inventory management, and provide valuable insights into your business performance. Automate reordering processes with alerts for low-stock items.

Payment Services 52

Payment Services Point of Sale Inventory Management Customer Experience 52