Emerging Trends in Credit Card Fraud
The COVID-19 pandemic has impacted credit card fraud trends by fueling explosive growth in card fraud activity. Fraud involving existing credit cards jumped 69% in 2021 from the year before, resulting in $9 billion in costs. COVID-19 has moved even more fraud away from physical stores and to e-commerce sites, with criminals focusing on using […]
The Rising Importance of Alarm Technology in Urban Retail Stores
Retail theft is on the rise, leaving urban stores vulnerable. As crime rates climb, bodegas and independent shops are increasingly at risk. To protect their livelihoods, these retailers need advanced security systems now more than ever. This article explores the emergency technologies available, the challenges facing small stores, and innovations that could transform retail security. […]
Taking Advantage of Seasonal Sales Trends
As a wholesaler, it is your responsibility to distribute goods to retailers. Therefore, it is important to understand retailers’ needs. One aspect of this is identifying and utilizing seasonal sales trends. The goal of this article is to help wholesalers do just that! Throughout this piece, I will highlight the importance of proper planning based […]
POS Technology Helps Brick ‘n’ Mortar Retailers Compete
Competing with big box stores can be challenging for a small, independent retailer, but technology can be a great tool to help level out the playing field. Small businesses need to be dedicated to learning and implementing new technologies that can help them streamline their operations, manage inventory, and build strong relationships with their customers. […]
Retail Technology Trends in the New Year
Retailers are always looking to improve their customers’ shopping experiences. A critical factor in this will be finding ways to leverage technology and upgrading stores to create a personalized shopping experience that better meets customer needs. To attract more customers, they must research how they can upgrade their store, find the best point-of-sale system, utilize […]
The Financial Revolution: Harnessing Fintech for Efficiency
In 2023, the global fintech industry was expected to reach unprecedented heights. With the advancement of technology, fintech has become a powerful tool for individuals and businesses alike. Consumers can access banking services on their phones, and companies can access new ways of analyzing data and making decisions. We are seeing a surge in the […]
What to Look For in a Business Partner
Handling many tasks at once can be challenging when operating a business. A businesspartner can make the work more bearable by breaking up potential roadblocks.However, finding the right business partner is essential to making the partnership morecompatible. Finding the right partner requires the same objectives and complementaryskills, which can be helpful in the long run. […]
How to Choose a Location for your Gas Station
Whether buying an existing fuel station or building a new one, choosing the right location canhelp determine your success rate. There are different factors that can make your gas stationsuccessful, including location, price, and services. Choosing the ideal site for your business maybe overwhelming initially, but don’t worry; finding the best spot won’t be as […]
Maximizing Inventory Management to Keep Shelves Stocked
Every day, businesses strive to keep track of inventory, supply chain issues, costs, and marketconditions to remain competitive and viable. Managing all of these aspects at once can bechallenging without the proper resources and tools. In this case, a point-of-sale system wouldbe a helpful tool for business owners since they could easily track inventory, receive […]
