Long a cornerstone of retail success, proper inventory management is becoming increasingly important as retailers face growing competition and strive ever harder to meet the demands of educated consumers who insist on being able to purchase what they want, when they want it. Let’s take a look at why effective inventory management is essential to…
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Every retailer and restaurant operator understands the importance of exercising due diligence when choosing a POS system. However, the same care should be taken in selecting a POS system provider. After all, you’ve undoubtedly invested a significant sum of money in your POS technology, and you want to maintain the equipment for a long time…
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Data breaches are hitting the retail and hospitality industries in droves. Here are just three of various examples: Late last year, hackers stole credit and debit card information for 40 million customers of Target Stores. In 2014, the Neiman Marcus department store chain experienced a breach of its POS system database that involved theft of…
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Why Restaurants Should Use Mobile POS Retailers are not the only ones adopting mobile POS technology in larger numbers. Restaurants, too, are fast moving into mobile POS, yielding them an expanded roster of capabilities and big benefits as a result. With mobile POS, dining establishments can: 1. Service outside seating areas Many restaurateurs are adding…
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Preparing for the Shift in Credit Card Fraud Liability in 2015 By now, you’ve no doubt heard about the big change that will affect retailers and restaurant operators in October of 2015. As of that date, liability for credit card fraud will shift to merchants, unless they have replaced their existing technology with POS hardware…
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What is a POS System? These days, most, if not all retailers and restaurant operators use a computerized POS system to run their business, harnessing it to ring up merchandise or food and beverage sales, as well as to ensure easy, accurate record-keeping. POS system components vary, depending on the needs of the retailer or…
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The holiday shopping season is here, and with it, the promise of booming business. But to maximize sales and minimize hassles, retailers need a powerful ally—technology! Now is the time to assess whether your store is ready for the holiday shopping season—and see how various solutions, especially POS solutions, can make it so. Here are…
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Many restaurant operators have, in recent years, considered replacing or augmenting their traditional POS system with an iPad POS system. However, given that the iPad is a consumer-grade device, is an iPad POS system really suitable—in other words, rugged enough—for deployment in a restaurant environment? The likely answer is “no,” and here’s why not. The…
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With its potential to enhance customer service and increase sales—as well as to yield a wealth of other benefits—mobile POS (mPOS) has become a popular option in the retail and hospitality space. To fully leverage its advantages, you’ll probably need ruggedized tablet POS devices—devices which, as the term “ruggedized” implies, are designed to continue operating…
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4 Popular Touch Screen Computer Applications for Casinos Walk into almost any retail or hospitality establishment these days, and you’re more than likely to see at least one touch screen computer in action. Casinos are no exception. In fact, there are multiple popular casino applications for which a touch screen computer is ideal. Let’s take…
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