In 2022, retail and hospitality businesses can expect health concerns, personalized experiences, and sustainability to top the year’s trend list. Here’s a look at how
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.
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.
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.
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
More than 165 million people are expected to shop Thanksgiving Day through Cyber Monday, according to the recent annual survey by the National Retail Federation.
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