article thumbnail

How Retailers can Combat the Rising Threat of Theft

Retail TouchPoints

Retail theft is on the rise, and many businesses are grappling with the financial fallout. In recent months, The Home Depot, Foot Locker, Target and other retail giants have suggested that shoplifting is cutting significantly into their respective profits. This represents the greatest source of loss for retailers of all sizes.

article thumbnail

Best Appointment Scheduling Apps for Small Business

Ecommerce Platforms

The best appointment scheduling apps for small business allow for quick bookings online, simple organization on the backend, and automated notifications for confirmations, cancellations, and modifications. What is a Small Business Appointment Scheduling App? Best Appointment Scheduling Apps for Small Business.

Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Simple Tips to Lower Retail Credit Card Processing Fees

Korona

Too often we speak with small business owners who underestimate the importance of finding the best credit card processing agreement. Fractions of a percent might not seem like much on a contract you sign with a merchant service provider, but those pennies add up. On average, businesses pay a processing fee of 1.5%

article thumbnail

The Keys to Keeping Your Online Payment System Legal and Secure

Retail TouchPoints

The internet facilitates every aspect of our lives, which has only become more obvious during the COVID-19 pandemic. To comply with regulations and keep customers happy, some online businesses are revising their data policies. Up to 60% of small businesses that experience a cyberattack end up shutting down within six months.

article thumbnail

Hit Hard by the Pandemic, Most Minority Business Owners Optimistic About the Future

Retail TouchPoints

In May 2020, McKinsey issued a report stating while the COVID-19 pandemic was shaking up small businesses across the board, it was disproportionately affecting minority-owned small businesses. Think food services, retail and personal and laundry services, for instance. Investing in Technology Crucial.

article thumbnail

How to Improve Cash Flow For Retail And Small Businesses?

Korona

A healthy cash flow is the lifeblood of any business but is especially important for fledgling small and medium-sized businesses, which account for 99.7% of all businesses in the U.S.A. And yet, cash flow is one of the top small business killers. Proven tips to improve cash flow for your retail business.

article thumbnail

Best CBD Ecommerce Platforms

Ecommerce Platforms

In that case, you need to consider some of the best CBD ecommerce platforms, since not all payment processors and ecommerce platforms are as friendly toward CBD sellers. Payment processors have a history of avoiding these types of products for liability issues; they’re considered “high-risk industries.” BigCommerce.