by admin | Dec 13, 2021 | Holiday, Point of Sale, Retail Strategy
ViewApart via Getty Images What may be a beneficial feature to retailers poses risks to young consumers who’ve increasingly flocked to installment services. The busiest days of the holiday shopping season may be over, but some young consumers have yet to pay...
by admin | Nov 14, 2021 | Associate Members, Point of Sale, Resources, Retail Strategy
A Key Performance Indicator (KPI) is a measurement of business performance and health. The best KPIs help you make decisions and take action towards achieving your goals. At a minimum, we recommend you review these Top 5 KPIs for Actionable Retail Decisions weekly,...
by admin | Nov 5, 2021 | Associate Members, E-Commerce, Point of Sale, Resources, Retail Strategy
As businesses grow, the importance of system integration grows with it. Without it, you lose time and money. System integration is connecting software applications allowing them to talk to each other and act as one coordinated platform. Top retailers have found ways...
by admin | Sep 2, 2021 | Associate Members, Point of Sale, Resources, Retail Strategy
It’s not easy to keep inventory in line. You analyze sales trends to make decisions. You review margins, sell-thru, and return on investment to evaluate profitability. You create buy plans, propose reorders and cancellations, and you suggest markdowns. All this just...
by admin | Jul 17, 2021 | E-Commerce, Point of Sale, Resources, Retail Strategy
Credit: Getty Images by dowell The future always promises uncertainty. That said, all indications are that contactless payments are ingrained in brick-and-mortar retail for the long haul. Without massive unforeseen disruption, the COVID-assisted trend towards...
by admin | Jul 7, 2021 | Associate Members, Local Search, Point of Sale, Resources, Retail Strategy
Consumer Behavior is Changing One of the most inescapable business themes of the past decade is the evolution of consumer shopping behavior. Nearly every business news story about consumers involves the application of new technology to everyday life. Whether it is...