article thumbnail

Wireless 5G Revolutionizing Retail

Retail TouchPoints

What does having a network that can offer high speed and low latency really mean for retailers, and how can they take advantage of it? Imagine a retail location where customers using an AR-powered mirror can see how clothing looks on them without ever entering a changing room. 5G can Drive Consumer Engagement.

article thumbnail

Different Types of POS Systems: Quick Guide For Retail Business Owners

Korona

Terminals are typically used at the checkout counter in retail stores of all sizes (grocery, antiques, electronics, books, salons and spas, liquor stores, convenience stores, thrift stores, etc.) However, POS terminals present a lack of mobility for employees, and they typically take up more space. Multichannel POS Solutions.

POS 40
Insiders

Sign Up for our Newsletter

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

article thumbnail

Different Types of POS Systems: Quick Guide For Retail Business Owners

Korona

Terminals are typically used at the checkout counter in retail stores of all sizes (grocery, antiques, electronics, books, salons and spas, liquor stores, convenience stores, thrift stores, etc.) However, POS terminals present a lack of mobility for employees, and they typically take up more space. Multichannel POS Solutions.

POS 40
article thumbnail

Taking Stock: Managing Inventory For Your Small Business

Weebly

Surplus inventory can drain money from your retail business. retailers for examples of inventory foul-ups damaging bottom lines, reputations or both. shares dipped when the retailer disclosed inventory problems that led to a $28 million charge, promotions and pressed margins in the first quarter. In May, Gap Inc.

article thumbnail

June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

After surging nearly 34% in 2020 due to the pandemic, ecommerce retail sales are expected to grow a more modest 13.7% Total retail sales will reach a record $5.86 Retail sales will remain steady at around 3.5% Retail sales will remain steady at around 3.5% yearly growth, with ecommerce at 13% and total retail at 3.4%.

article thumbnail

How To Start a Retail Business: The Ultimate Guide

Korona

In recent years, the retail industry has experienced remarkable growth despite the economic consequences of the COVID-19 crisis. According to the National Retail Federation , the total number of retail locations in the U.S. In addition, during May of 2021, retail sales reached a record high of over $570 billion. .

article thumbnail

The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

Globally, ecommerce growth projections are also on an upward trajectory: They show that retail sales may exceed $4.058 trillion by as soon as 2020. of total retail sales. When you buy shoes from an online shoe retailer, it is a business-to-consumer transaction. Business-to-Business (B2B). Image source.

eCommerce 417