Turning to Technology to Protect Margins
Inflation, stock overages, rising labor costs, and constantly changing prices have retailers turning to technology to protect their margins.
Inflation, stock overages, rising labor costs, and constantly changing prices have retailers turning to technology to protect their margins.
Creating accurate purchase orders is the first step in efficiently managing inventory and it ultimately helps you increase your bottom line.
Because of the amount of customer data retailers collect, stores have become the No. 1 target of cybercriminals using social engineering.
Inventory shrink cost U.S. retailers just under $100 billion in 2022 making an investment in loss prevention technology a wise move.
Homes and businesses are lost to fires, floods, and storms every year. That’s why crisis management and disaster recovery plans are crucial.
The tools available in a modern POS system can help retailers mitigate the labor shortage by running their stores more efficiently.
Customer incentive programs are key for any retail business in creating loyal customers and attracting new shoppers.
Efficient inventory management helps stores stay on top of frequent price changes and maintain their profit margins.
Retail trends for 2023 may seem like a new car with all the latest gadgets, but the objectives really haven’t changed a lot over the years.
A year-end checklist consolidates valuable information, tells you how your business is performing, and helps you prepare for the year ahead.
‘Tis the season that can make the year for many retailers. Those who can fulfill shoppers’ desires will have a happy holiday shopping season.
October is Cybersecurity Awareness Month. This is how one business suffered a ransomware attack and how Paladin Data Corp helped it recover.