Retail industry veterans are well-versed in the significance of reducing shrink in their stores. According to the 2020 National Retail Security Survey, shrink is at an all-time high, accounting for 1.62% of a retailer’s bottom line and costing the industry as a whole almost $62 billion. Seven in ten retailers report a shrink rate that…
It’s no secret the 2020 holiday season will look a little different for shoppers this year. Although pandemic recovery has increased overall sales recently, it’s critical to look within the industry and prepare in advance for your retail business. This year presented many retail business challenges, but looking ahead will provide support to keep doors…
If there is any positive change that COVID-19 has brought, it is an increased focus on safety. Consumers and business owners alike are more concerned than ever about reducing the spread of infectious diseases and are paying more attention to how these diseases are transmitted. Your POS is a critical component of your restaurant technology,…
The effects of COVID-19 can be felt industry-wide. Brick-and-mortar stores were already struggling prior to the pandemic. The virus has only sped up this shift. That being said, until online orders can be delivered instantly, there will always be a place for brick-and-mortar. Physical store locations won’t go away. They just need to adapt to…
South Plainfield, NJ — September 8, 2020 — Touch Dynamic, a leading manufacturer of all-in-one touch systems, industrial PCs, kiosks, and mobile devices is proud to announce the release of the Pavilion Kiosk. The first of its kind, the Pavilion Kiosk is a leader in ergonomic design, offering robust power in a sleek design with…
Operating a restaurant requires a lot of various skills. You need to be organized, in-control, capable of leadership, good with money management, and detail-oriented. You also need to have good decision-making skills, and the ability to stay calm under pressure. But the skill that distinguishes the good restaurant owners from the great is a customer-focused…
It’s been over half a year since the world first learned of a novel coronavirus sweeping the globe. Though the retail industry was poorly-equipped to handle it in the beginning, it has since learned how to adapt. Now that retailers have had some time to observe how the pandemic has impacted the industry, it’s becoming…
Over half a year has passed since the news of a novel coronavirus first broke, and it is still unclear as of yet when the pandemic will be over, and things can go back to normal. Some industry experts are saying that the restaurant industry will never fully return to the way it once was and are bracing themselves for a new…
Brick-and-mortar was hit hard in the beginning of the pandemic, and while we still aren’t out of the woods, in-store operations have begun to resume in areas deemed safe. Many retailers are focused on making up for lost time by improving their in-store customer experience. Customers are still wary of venturing outside of their homes…
In many places, restrictions are finally loosening up a bit to allow some restaurants to open. While this is great news for many, some customers are still a little wary about venturing inside restaurant buildings. Luckily, the weather is improving enough for restaurants to open up patio seating. When combined with curbside and delivery services,…