Retail Minded

MARCH 20, 2025

To safeguard profits, protect customers, and maintain operational stability, retailers must proactively address these challenges with modern solutions. Retail risk encompasses any potential threat that could disrupt a stores financial health, reputation, or daily operations. In 2024, the average cost of a data breach reached $4.88

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

AUGUST 22, 2023

Its primary purpose is to protect consumers by stifling sales of counterfeit, stolen and harmful products on online platforms — from ecommerce stores like Amazon, Etsy and auction sites to the many smaller marketplaces that may operate more locally or in niche categories. But compliance can be complicated.

Payment Services 246

Payment Services Accounting Shrinkage Consumer 246

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

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. Quick service restaurants in particular have had to respond to the rise of fast-casual dining. You don’t want to be invisible there.

Payment Services 78

Payment Services Shrinkage Location Marketing 78

365 Retail

SEPTEMBER 1, 2024

With its network of linked devices, IoT is not only improving retail operations but also altering the customer experience in ways unthinkable a few years ago. IoT in the context of retail refers to a broad spectrum of uses from smart shelves and linked payment systems to tailored consumer interactions and predictive analytics.

Payment Services 120

Payment Services Shrinkage Checkout Consumer 120

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 108

Payment Services Shrinkage Accounting Management 108

I Vend

MAY 8, 2024

Here’s some of the key ways that an integrated POS systems for wine and liquor can underpin growth strategies for wine and liquor stores: POS – integrated POS software for wine and liquor stores helps with efficiency at the checkout, enhancing the customer experience and streamlining operations in wine and liquor stores.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91