Retail Management Software Blog Blog

POS lending

How POS Lending Increases Revenues

In February 2018, American Banker said point-of-sale (POS) lending was “hot.” It’s not any less hot now than it was then. With FICO scores at an all-time high, American consumers are poised to be...

price optimization

Optimize Pricing Throughout the Product Lifecycle

Price management involves more than just changing prices for Christmas and changes of season. It’s an ongoing retail operations task that is best done by a long-term strategy in mind. If you want to...

pos

5 POS Realities Every Retailer Must Face

Retailing without a point of sale is like flying a kite without a string. You need a location where you meet the customer face to face to take of the details of the transaction....

retail analytics

6 Characteristics of A Good Retail Analytics Report

Retail analytics are a necessity in today’s omnichannel environment. With e-commerce having achieved maturity and growing in importance every day, retailers of every stripe and size are realizing the importance of tracking key performance...

sports retailing

How to Win at Sports Retailing

Sports retailers have a special mission in life. They exist to help the winners win games, and to the extent that they provide the tools that allow winners to do what they do best,...

payroll integration

Integrated Accounting Functions With Payroll

If you use a third-party payroll services provider, you can integrate your accounting department’s functions with your payroll provider so that sales commissions, expenses, and taxes can all be accessed by your third-party provider...

6 Qualities of Successful Footwear Retailers

Whether your footwear products appeal to upscale ladies, children, or casual wearers, the way to be successful in retail today is to focus on three things – the product, the customer, and the bottom...

retail budgeting

5 Common Retail Store Budgeting Challenges

Retail budgeting has its challenges, but all of them can be overcome with the right solution. Here are five common challenges to effective store budgeting and the solutions that go with them. Spreadsheets –...

retail forecasting

4 Things to Forecast for Better Retail Planning

Every retailer struggles with accurate forecasting. How many of a particular product should you order? How much should you spend on merchandising for a particular season? Which trends will dominate next year? These are...

apparel retail inventory management

5 Inventory Management Musts for Apparel Retailers

The apparel industry is very competitive is built around trends. What’s popular this year may not be popular next year. On top of that, the trends are seasonal. So apparel retailers have to be...

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