Sat.Feb 04, 2023

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Half of US merchants Are Stuck With Excess Stock

RetailMinded

Half of US merchants are stuck with excess stock even after the New Year sales – and January and early February’s ‘returns tsunami’ will only make things worse, according to a new survey * 27% of US retailers had written off excess stock as a loss in 2022; * Inventory Planner’s Sara Arthrell said: “Excess stock is a huge issue for US retailers at this time of year.

Apparel 52
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What Is a Third-Party Payment Processor? The Ultimate Guide

Korona

One of the numerous challenges facing small and medium-sized businesses (SMBs) lies in processing cashless payments such as credit cards. Despite it being an afterthought for many businesses, processing payments is a major decision. After all, a seamless checkout experience is critical for both cashiers and customers alike, a faulty machine can mean lost sales, and high processing rates can end up costing even a small business thousands of dollars every year.