Product management is one of the most important operational concerns in retail. If you don’t manage your inventory effectively, you risk having tons of shrinkage and losses, which consumes your...
Retail is a tough game. Even the best retailers are challenged by competition and changing consumer needs. So, brands need to be successful in order to keep operating. One way...
The retail industry is evolving rapidly. New technologies like ChatGPT, AI, AR (augmented reality), and VR (virtual reality) are reshaping the shopping experience. These innovations help retailers create seamless omnichannel...
Retail is a complex business that requires strategic planning to succeed. Operating a store or a retail chain comes with challenges, requiring constant evaluation and improvement. To stay competitive, retailers...
What is an mPOS System in Retail? A mobile POS (mPOS) system is point-of-sale software installed on a smartphone, tablet, or handheld device. It functions like a traditional cash register...
Retail chains that prioritize communication across all levels operate more effectively and achieve greater success. But how can you foster a culture of seamless communication within your retail business? The...
Clienteling is the art of building relationships with customers that lead to profitable and efficient retailing. Today’s customers are looking for a unique and personalized experience. Customer relationship management (CRM)...
As the retail industry continues to grow, the demand for innovative technology that helps retailers to better manage their inventory has also increased. With the introduction of Point of Sale...
Retailers face unprecedented market disruptions. To navigate these challenges, many are turning to mobile POS systems. This technology maximizes productivity and profits. Additionally, investing in the right retail technology enhances...
Retail analytics powered by retail business intelligence (BI) is transforming the retail industry. As digital transformation takes hold, BI is now essential for making data-driven decisions. Leading retailers use BI...