Retailers learned a lot over the last year—what worked and what didn’t. The main takeaway from 2020 was that consumers embrace and utilize technology on all fronts to access brands and products.
COVID undoubtedly impacted and reshaped consumer banking behavior in 2020. As bank lobbies across the country closed to the public, full-service drive-thru and mobile banking apps swiftly replaced traditional lobby banking.
Everything has been done differently this year, and this Black Friday will be no exception. Even with a few weeks left, there is time for businesses to prepare for the year’s busiest shopping days.
Customers just want to get in and out these days—and reducing customer wait times and avoiding traffic jams is more important than ever for businesses.
The COVID-19 pandemic has been extremely difficult for restaurant owners. The National Restaurant Association reports nearly one in six restaurants has closed due to the pandemic.
How can businesses be ready for novel obstacles? Techcentric businesses pivoted early at the beginning of COVID-19 social-distancing measures by cohesively using the myriad of tools available.
Retailers benefit by taking cues from the hospitality industry — especially full-service restaurants — that quickly switched to takeout, delivery, and drive-thru only models to meet current regulations and remain operational.
Anyone can now be anywhere, in the digital sense. Dining at a restaurant was once synonymous with being at a location. Restaurants were brick-and-mortar with
Inaccurate inventory accounting is a multi-billion dollar problem, and the significant effect upon overall performance is often underestimated. Research by an MIT study discovered that discrepancies, mostly phantom inventory issues, cause losses in sales almost five times greater than previously assumed.
Safeguard operations. How is today’s cyberthreat disguised? Many business owners think cybersecurity is simply protecting operations from viruses or direct hacking. Cyberthreats are ever-evolving and
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