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Retail and restaurant environments have always had to change and evolve in response to shifting trends and consumer behaviors. But the coronavirus pandemic has impacted these industries (and many others) in ways unprecedented in modern times. According to a recent study by Cambridge Retail Advisors, 83% of C-level executives feel that retail and dining will be…
If the pandemic has shown retailers and restaurateurs anything, it’s who their loyal customers are. Expanding online ordering capabilities, as well as curbside and delivery has been crucial to businesses working diligently to survive social distancing regulations. But as states get the greenlight to reopen, consumers are more cautious about where they spend their time…
Now, more than ever, it’s essential to have a first-rate POS on your side to help you navigate business challenges, both those of the traditional variety and those that are a result of our new normal. There are five qualities that separate first-rate POS systems from the duds. 1. Tight Inventory Management A first-rate POS…
For retailers, competition is tougher than ever. Since 2008, well over 12,000 retail store locations have closed. Retail experts predict another 75,000 more to close by 2026. While these facts may be alarming, they don’t necessarily signify a nail in the coffin for brick-and-mortar retail. Customers are more careful with what they spend money on.…
The Holidays. At the end of every year, after the mad rush of frantic shoppers leaves your store looking (and feeling) like a disaster zone, and you’re left looking at the mess of inventory, schedule adjustments, and back-office work that you need to sort out, it’s almost routine now that you swear to yourself you’ll…
Questions to Ask when Choosing a Garden Center POS System If you run a garden center, plant nursery, or farm supply store you are already familiar with the challenges that come along with the industry, but is your garden center POS system developer? With such a wide range of products, and materials to keep track…
Everything You Need to Know About Above Store Reporting Point of sale (POS) systems in retail and restaurant operations have taken on many more roles than they previously have. Now they go beyond handling transactions, and are used for inventory tracking, labor management, pricing, and more. One of the most important functions a POS can…
Retail and Restaurant Point of Sale System As businesses are becoming more and more reliant on technology, the need to understand which technology is best for your operation has increased in urgency. For those in the retail or hospitality industries, the technology solutions that are top-of-mind are retail and restaurant point of sale systems. What…
This retail holiday season, millennial and Gen Z shoppers wield enormous buying power. Reaching these audiences with promotional messaging requires non-traditional advertising channels, social media interaction and influencer marketing. Cross-optimization of every channel — in-store, online, and app — is required to boost holiday sales, as these audiences love the convenience of online ordering, but…
The outlook is good for this retail holiday season. The National Retail Federation (NRF) expects 2018 retail sales to increase a minimum of 4.5% over 2017. Shoppers are optimistic and plunking down more cash across retail categories than they were last year or even the year before. In fact, the average annual increase for the…