Retail Technology, EPoS, Retail Supply Chain, e-Commerce

A point-of-sale (POS) system is a software and hardware system that allows businesses to process payments, manage inventory, and track sales. POS systems can be used in a variety of industries, including retail, hospitality, and healthcare. EPOS systems typically consist of a touchscreen computer, receipt printer, barcode scanner, cash drawer and software. Retail Technology articles related to retail systems, retail technology, Point-of-Sale (POS),Electronic Point-of-sale (EPOS), mPOS, wireless communication, store networks and Wi-Fi, mobile commerce, eCommerce, reporting & analytics,shipping and fulfilment,labour productivity, order management and retail supply chain management.

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Retail is top for local gift card sales in 2023 with, 69% uplift in 2024 to date

1 Retail is top for local gift card sales in 2023 with, 69% uplift in 2024 to date

Retail is top for local gift card redemptions in the UK in 2023 says Miconex. Primark, M&S, Boots, Next, Sainsbury’s, John Lewis and Aldi are within top national retailers. Around 50% of cards are spent with independent retailers and businesses.

B2B2C

2 B2B2C

The predicted convergence between B2B and B2C is set to continue in 2024, which puts even greater pressure on product information management. However, as Kristin Naragon, Chief Strategy and Marketing Officer at Akeneo explains, there are rich benefits for both sellers and buyers.

German flooring retailer enhances showroom experience with nsign.tv digital signage

3 German flooring retailer enhances showroom experience with nsign.tv digital signage

MeinBodenbelag, a 160-year-old floor covering retailer in Neresheim, Germany, has elevated its showroom experience by implementing a digital signage network powered by the nsign.tv software platform. The system includes 20 displays strategically placed throughout the store, providing customers with an engaging experience and contributing to extended visitor stays.

Onramp Funds appoints Dr. John Coaster as Head of Credit and Analytics

4 Onramp Funds appoints Dr. John Coaster as Head of Credit and Analytics

Onramp Funds, the funding provider that supports the growth of e-commerce businesses, has appointed Dr. John Coaster as its Head of Credit and Analytics.

Onramp Funds hires Dr. John Coaster as Head of Credit and Analytics

5 Onramp Funds hires Dr. John Coaster as Head of Credit and Analytics

Onramp Funds, the funding provider that supports the growth of e-commerce businesses, has appointed Dr. John Coaster as its Head of Credit and Analytics.

Direct-to-Consumer fulfilment is among the top priorities for 84% of European commerce and supply chain leaders

6 Direct-to-Consumer fulfilment is among the top priorities for 84% of European commerce and supply chain leaders

Eighty-four percent of commerce and supply chain leaders rank Direct-to-Consumer (DTC) fulfilment among their top three priorities with more than a third saying it has become their most important initiative. This was a key finding in recent research commissioned by cloud-based, omnichannel fulfilment software provider, Deposco.

47% of Britons prefer to shop online for Home and Garden

7 47% of Britons prefer to shop online for Home and Garden

Research conducted by YouGov on behalf of Linnworks, the inventory management system (IMS), order management system (OMS) and warehouse management system (WMS) solutions provider and recently announced Connected CommerceOps platform, shows that 47% of British consumers prefer to shop online for Home and Garden.

UK retailers must look to point of sale and display solutions to reduce retail theft in 2024

8 UK retailers must look to point of sale and display solutions to reduce retail theft in 2024

In the ever-evolving landscape of retail, businesses face an ongoing challenge: theft. Despite many retailers implementing additional security measures the issue of stolen goods continues to plague the industry with beers and wine, health and beauty products, and baby formula being the most common stolen goods.

New Era Japan elevates customer experience with GroupBy's AI-First e-commerce Search and Product Discovery platform

9 New Era Japan elevates customer experience with GroupBy's AI-First e-commerce Search and Product Discovery platform

GroupBy Inc., a SaaS-based B2C and B2B e-commerce product discovery technology provider, has implemented its AI-first e-commerce Search and Product Discovery platform powered by Google Cloud Discovery AI, for New Era Japan, the Japanese branch of New Era Cap Co.

Compact high-performance embedded computer for kiosk and robotics applications

10 Compact high-performance embedded computer for kiosk and robotics applications

Advantech, provider of AIoT platforms and services, has launched ARK-3533, a compact fanless edge computer tailored for kiosk and robotics applications.

Point-of-Sale (POS)

POS systems can be a valuable tool for businesses of all sizes. They can help businesses to improve efficiency, increase sales, and provide better customer service.

A point-of-sale (POS) system is a software and hardware system that allows a merchant to process payments and manage sales. A POS system typically includes a cash register, a barcode scanner, a receipt printer, and a customer display. It may also include other features such as inventory management, customer loyalty programs, and gift card processing.

POS systems can be used in a variety of businesses, including retail stores, restaurants, and service businesses. They can help businesses to improve their efficiency, track their sales, and provide better customer service.

There are four main types of POS systems:

  • Legacy POS systems are the traditional type of POS system. They are typically based on a Windows or Linux operating system and use a custom-built software application.
  • Tablet-based POS systems are a newer type of POS system that uses a tablet computer as the main interface. These systems are typically cloud-based and can be accessed from any device with an internet connection.
  • Mobile POS systems are a type of POS system that uses a mobile device, such as a smartphone or tablet, as the main interface. These systems are typically used by businesses that need to be able to process payments on the go.
  • Cloud-based POS systems are a type of POS system that is hosted on a cloud server. These systems are typically accessed through a web browser and can be used from any device with an internet connection.

Electronic Point-of-sale (EPOS)

Electronic Point-of-Sale (EPOS) is a system that uses electronic devices to process customer transactions in a retail outlet. EPOS systems typically consist of a touchscreen computer, receipt printer, barcode scanner, cash drawer, and software. They are often used in retail stores, restaurants, hotels, and other service-oriented businesses.

EPOS systems offer a number of advantages over traditional cash registers, including:

  • Increased speed and efficiency: EPOS systems can process transactions much faster than cash registers, which can lead to shorter lines and happier customers.
  • Improved data accuracy: EPOS systems can help businesses to track sales, inventory, and customer data more accurately. This information can be used to make better business decisions, such as which products to stock or how to allocate resources.
  • Enhanced customer service: EPOS systems can help businesses to provide better customer service by allowing them to track customer preferences and loyalty programs.

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