article thumbnail

Ten competitive strategies for retail success

iVend

Offering multiple payment options is an important factor for optimised store operations too – a global survey in the fashion retail sector for example showed that over half of shoppers want more payment options and 61% of retailers are changing their operational practices to meet this demand.

article thumbnail

5 ways POS systems for retail can help increase margins

iVend

What works in hospitality may not be appropriate for jewellery and the program in a hardware store will not be the same as in a fashion retailer. References:- *[link] **[link] [link] *[link] +[link] The post 5 ways POS systems for retail can help increase margins appeared first on iVend Retail.

POS 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Build loyalty with every scan for increased sales and profit

iVend

What works in hospitality may not be appropriate for jewellery and the program in a hardware store will not be the same as in a fashion retailer. References:- *[link] **[link] [link] *[link] The post Build loyalty with every scan for increased sales and profit appeared first on iVend Retail.

POS 52
article thumbnail

Supply Chain Management: How to Deal with the Supply Chain Crisis

Korona

Lead time refers to how long it takes between initiating a wholesale purchase order from your supplier and receiving those goods. This strategy is referred to as holding “safety stock,” “reserve inventory,” or “buffer stock.”. Optimize Sales Analysis And Inventory Management In Supply Chain .

article thumbnail

Post-holiday returns management: Strategies for Retailers

iVend

The fashion industry, for example, generates over 92 million tonnes of textile waste per year, * which can take up to 100 years to break down. Otherwise, the retailer is giving away loyalty points without having the revenue of the original sale.

article thumbnail

Choosing the Best retail POS system for Your Business

iVend

The fashion industry, for example, generates over 92 million tonnes of textile waste per year, * which can take up to 100 years to break down. Otherwise, the retailer is giving away loyalty points without having the revenue of the original sale.

POS 52
article thumbnail

Where Do Brands And Retailers Stand In The New Era Of Commerce?

RTP blog

With technologies like mobile payments, chatbots and apps, retailers and brands alike are able to reach consumers directly, whether it’s through point-of-sale systems or transactional programs on social media, like Instagram’s ‘Shop Now’ button. They also want to know everything they can about the story behind the brand.