Midcounties Co-operative will further food waste reduction efforts across its Your Co-op operations, extending its partnership with Retail Insight, the provider of store operations execution software.
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.
One in four shoppers avoid buying from international retailers due to returns concerns, new ESW and Asendia research reveals
Apr 10, 2024
Asendia, the e-commerce and mail solutions provider, and ESW, the direct-to-consumer (DTC) e-commerce company, have shared the latest insights from their report, Shipping and Returns: Leveraging Logistics to Unlock Global Loyalty.
Advantech at Retail Technology Show 2024 in London
Apr 08, 2024
In anticipation of the upcoming Retail Technology Show 2024 in London, scheduled between April 24th and the 25th, Advantech is showcasing the next generation of products targeted to this industry.
Paysend and Visa-owned Currencycloud sign major global expansion deal
Apr 02, 2024
Currencycloud, the experts simplifying business in a multi currency world, and Paysend, a global fintech leader in international money transfers, have announced a major expansion to their longstanding partnership that will see Paysend expand its services around the world.
Microchip Technology expands its Serial SRAM portfolio to larger densities and increased speeds
Apr 02, 2024
To address a common customer need for bigger and faster SRAM, Microchip Technology has expanded its Serial SRAM product line to include larger densities of up to 4 Mb and increased Serial Peripheral Interface/Serial Quad I/O Interface (SPI/SQI) speed to 143 MHz.
Criteo secures its first MRC accreditation for retail media measurement
Apr 02, 2024
Criteo (Nasdaq: CRTO), the commerce media company, has achieved its first accreditation by the Media Rating Council (MRC) for display rendered impression and click advertising metrics across desktop, mobile web and mobile in-app environments for Onsite Sponsored Products and Onsite Display Ads on its enterprise retail media platforms, Commerce Max and Commerce Yield.
Digital River unveils eCompass, a new solution to drive strategic growth and international expansion
Apr 02, 2024
Digital River, a global e-commerce enabler directly connecting brands and buyers, today announced eCompass, a new solution that will help brands identify and evaluate global expansion opportunities while optimising performance in existing markets.
In 2024, AI will work in concert with humans to boost customer service and efficiency in retail
Mar 21, 2024
As has been the case with other industries, AI’s arrival in the retail sector has ignited fears that the role of human workers might soon become redundant. However, according to Laurence Brenig-Jones, VP of Product Strategy at RELEX Solutions, these fears are unfounded.
85% of UK Shoppers had poor experiences with online retailers last year, according to Celigo consumer survey
Mar 19, 2024
Amid a proliferation of purchasing options and budget concerns surrounding sustained inflationary pressures, online retailers are struggling to meet rising consumer expectations around the globe, according to an independent survey announced today by Celigo, the integration platform as a service (iPaaS) for business and IT users.
New research – Mobile is key for in-store fashion shoppers
Mar 19, 2024
New research reveals that fashion and sportswear shoppers no longer identify as an online or in-store customer, 72% prefer to shop both. Shoppers today expect a consistent experience regardless of the channel; and it's the ability to touch and try-on, consider and compare that drives them into the physical store.
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.
