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Running a business often means balancing opportunities with challenges. Maybe you want to stock up ahead of a busy season, invest in new equipment or smooth out a dip in cash flow. Whatever the case, having quick access to business funding can make all the difference. One option many retail and hospitality businesses turn to
Being a pro retailer means more than knowing how to sell the right products to the right customers. You need to be an expert in inventory management as well—and you need to know how to connect sales and inventory to optimize your business. That’s where your inventory turnover ratio comes in. Knowing this number can
In recent years, cash payments have gradually become less popular, with many consumers opting for more convenient methods, like cards and digital wallets. Recent data shows that in 2024, 86% of POS payments in the US were made by credit or debit card or via a digital wallet. By comparison, cash only made up 11%
Retail customer data management is central to running an efficient and growing business. It’s how you track customer preferences, purchasing habits and loyalty, all while shaping strategies that improve engagement and profitability. The process starts with collecting the right information and keeping it secure. For businesses with multiple locations or plans to scale, organizing data
The vape industry continues to grow, driven by rising demand and product innovation. But for vape store owners, that growth comes with stiff competition and heavy regulation. Advertising restrictions, shifting customer expectations and local compliance challenges can make it difficult to stand out. That’s why smart, strategic marketing is essential—not only to attract new customers
Long checkout lines are frustrating for everyone, but what’s worse is that they’re also costly for your business. When customers grow impatient, they’re more likely to abandon purchases, turn to competitors and feel negatively about your business. Lines are difficult for your staff too, leaving them feeling overwhelmed and burnt out. That’s where line busting
The holiday season can be stressful enough without the added pressure of finding the perfect gift. In fact, a survey from the American Psychological Association found that 40% of shoppers cite finding the right gifts as a major source of anxiety during the most festive time of the year. Between juggling year-end deadlines, organizing get-togethers
With prices increasing across all areas of the retail industry due to factors like inflation and rising supply chain costs, store owners are always on the lookout for ways to reduce costs. More retailers are adopting surcharging as a way to counter payment processing fees. Surcharging regulations vary from city to city, and while it
The holidays are always around the corner, aren’t they? Which is why it’s never too early to start crafting your holiday marketing strategy and get a running start on the competition, especially since 31% of shoppers start searching for the perfect gift even before Halloween. Whether you’re looking to delight loyal regulars, entice seasonal shoppers
Is your store ready for Black Friday and Cyber Monday? If not, don’t worry, there are quick, high-impact ways to help you hit your holiday sales targets.
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