RICS Software, a POS and inventory management platform used by nearly 2,000 independent retail stores across North America, is introducing a new ground-breaking capability that connects retailers and brands. Starting in the footwear category, RICS will provide access to product catalogs from brands from right inside the RICS Back Office feature. No more hassling brands […]
By Dean Frew, CTO & SVP RFID Solutions at SML Group Whether in Europe, the Americas or Asia, the retail industry is currently facing an epidemic. In the past, commentators weighed in on trends such as ‘the death of the highstreet,’ how to obtain and retain brand loyalty and how to improve customer experience. However, whilst […]
Dashboard OSM is an innovative cloud-based software solution created specifically for small to medium sized online retailers.
Darren Schwartz and Doug Nolan found themselves with a problem. The successful small chain of tobacco industry stores they owned were in need of a new inventory and pricing system, but nothing that was on the market at the time was a good fit. What to do? Well, if you’re Schwartz and Nolan, the answer was simply to build your own specialized software system and move forward.
In the headlong rush retailers face when developing sophisticated e-commerce websites and viral social media campaigns, it seems that establishing the traditional three Rs of retailing has fallen by the wayside.
Inventory changes constantly. Throughout each day, sales, returns, new receipts—even damage and theft—affect your stock levels.
Anyone who has tried to sell on Amazon knows it is not as easy as it looks. You have to determine which products will sell best, what the pricing should be, and what kind of shipping you want to provide.
Creating a financial plan for your business is an essential step in preparing for a successful year.
It’s January, so that means after all the Christmas returns are handled and your store has been put to rights again, it’s time to do your physical inventory and figure out exactly where you are in real time vis-a-vis your merchandise stock.
The National Retail Federation predicts that sales in November and December of 2015 will total around $630.5 billion.