Shopping for new point of sale (POS) technology can be stressful, and the industry changes quickly. It’s tempting to shop around for rock-bottom pricing and do the leg work yourself, but more time and energy spent shopping for a system …
Last year’s fine dining trends were all about health: Vegan dishes went mainstream, and people looked for meat substitutes—faux beef, chicken or veggie burgers. Even menu selections targeting male consumers —juicy burgers, wings, and other bar foods — included new …
Thrift stores are unique retail environments—inventory is varied and sometimes unusual. “Thrifting” is a sport for customers who love to deal hunt, and while searching for prized items like designer bags or rare pottery is fun, sorting through piles of …
Online ordering is perfect for customers in a rush, people on their way home from work or diners who don’t feel like getting off the couch. This technology is great for restaurants that want to increase the average ticket or …
According to research published in Forbes Magazine, shrinkage costs American retailers $60 billion annually. Surprisingly, the U.S. Retail Fraud Survey noted that employee theft is the single biggest cause of shrinkage for retailers. Liquor stores can be especially tempting, …
Curbside pickup is a great new revenue stream for restaurants that want to capitalize on the off-premises dining trend. According to the Principal Financial Group’s annual Financial Well Being Index, reported by Marketwatch, restaurant meals are “the number one …
The Internet of Things (IoT) connects physical devices—thermostats, smartphones, RFID tags, etc.—to the digital world. The Internet of Things is constantly growing as more electronics are added, and the data gathered from these devices gives retailers a detailed look into …
Liquor store retailers face a unique set of challenges. Your inventory is inherently complicated with the need to track thousands of bottles and cans of alcohol from around the world. And running a sale can mean several different types of …
It’s a new year, which means new goals and new business challenges. As you work on plans for the year, you are probably asking the question, “What could possibly go wrong?” The answer, unfortunately, is a lot of things — …