Luxer One has launched its new smart fitting room technology designed to provide retailers with a comprehensive solution to address the escalating challenges of product theft and inventory shrinkage.
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.
Samsung contributes to a new era of in-store engagement
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Samsung Electronics America has launched a pilot program to help enhance customer engagement within three Chevron ExtraMile stations in San Diego, Millbrae, California and Vancouver, Wash.
Navori Labs sets stage for unified signage and analytics solutions
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Navori Labs returns to ISE next week with fresh plans to bring its QL digital signage and Aquaji analytics software solutions closer together for its customers.
Global e-commerce company Asendia marks the New Year with a new look
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For this new year, Asendia, the e-commerce solutions provider, has announced a significant rebrand that marks a decade-long journey of transformative business evolution.
Trigo and Netto announce autonomous supermarket with real-time receipt capability
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Trigo, provider of AI computer vision technology that transforms traditional brick-and-mortar retail outlets into digital smart stores, and discount supermarket chain Netto Marken-Discount (also known as Netto), have partnered to launch what they describe as the world’s first end-to-end frictionless full-sized grocery store with ‘real-time’ receipt capability.
Cradlepoint introduces big capabilities in a small form factor with new 5G router for retail pop-up sites and small offices
Jan 17, 2024
Cradlepoint has released the E100 5G Enterprise Router.Specifically designed to support retail and small office applications – including POS, video surveillance, inventory applications, and IOT – the E100 5G combines the performance of 5G with modern security through Cradlepoint NetCloud Exchange.
The tech revolution: Building and monetiaing AI influencers
Jan 16, 2024
A recent study has named the virtual and AI influencers that have the potential to earn the most money on Instagram from a single post.
AI and virtual influencers are digital personas created through artificial intelligence or computer software. Like traditional influencers, these virtual figures have also gained immense popularity on platforms like Instagram, leading to significant earnings for their creators.
Loyalty pays off: Sainsbury's Nectar Card drives grocery sales, sets example for retail industry
Jan 16, 2024
Sainsbury's loyalty programme was a key driver in bolstering its grocery sales over the past few months, a strategy many other retailers might look to replicate in 2024, given Sainsbury’s success.
MSNL selects Fresh Relevance to personalise its online store
Jan 16, 2024
Dotdigital company Fresh Relevance has announced that MSNL, the online marijuana seed bank, supplying its global community of cultivators with the best cannabis seeds available, has selected its versatile personalisation platform to personalize the onsite experience for its customers.
Eclipse Stores enables digital retail success with Tecsys’ OMS
Jan 15, 2024
Tecsys Inc., provider of supply chain management solutions, has announced that Eclipse Stores, the Canadian fashion retailer, has successfully integrated Tecsys’ order management system (OMS) into its e-commerce store, which is powered by Shopify.
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.
