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The National Retail Federation reports that shrinkage – theft, fraud and cybercrime – added up to $50.6 billion in the industry. Point of sale and video analytics can cut your losses. Is it time to upgrade your loss prevention technology?
Like it or not, the retail world is changing and much of it can be attributed to Amazon. One of the keystones of the change is how easily and quickly the online giant delivers products to its customers. Over the past couple of years, three- to five-day shipping has...
Even though expansion is the goal of most businesses, identifying when it’s time to grow is hard to recognize. Experts agree there are a few questions entrepreneurs need to ask themselves before considering a second location.
Windows 7 is at its end of life. Microsoft will no longer update or support the operating system after January 14, 2020. While it may not seem like such a life-altering event for a 10-year-old software, consider that April 2019 figures from NetMarketShare, which tracks usage of web technologies, show that 36.43% of desktops and laptops still use the platform. For those users, it’s time to consider how you’ll do business after Windows 7 passes away.
BOGOs – buy one, get ones are by far the most popular sales with American shoppers with 93% favoring them over any other kinds of discounts. Learn why they’re so effective and discover some other ways to jump-start sales during slow times.
Understanding the importance of inventory management can lead to greater customer satisfaction, more sales and greater retail success. Learn about some of the common mistakes of inventory management and how to avoid them.
Today, you can rent just about anything from a prom dress to a power tool. That means businesses, especially hardware stores, should seriously consider increasing their product offerings by joining the movement with a point of rental system
Customers are demanding. To paraphrase the popular Queen anthem, retail shoppers’ mantra has become “I want it all and I want it now!” And they often don’t care how they get it. They find products they want on your web store and either purchase it there, pick it up...
Time management is much more than recording when employees start and stop their work. With the right technology, it can save time, improve efficiency, reduce errors, simplify scheduling and more.