Why mobile point of sale is a game changer for mid-sized retailers today

The retail sector is under strain. According to Deloitte, the industry is facing stagnant growth with a CAGR of 1.5% to 3.5%. A big part of this challenge? Shifts in pace, pressure, competition, and changing shopper expectations. Walk into any mid-sized retail outlet today, and you’ll see:  Long queues frustrating shoppers. Customers now don’t just desire but expect fast service and omnichannel experiences.  Associates juggling tasks across the floor. Stuck […]

Retail Theft is Evolving: 3 Tech-Driven Strategies to Stay Ahead

Retail theft is not a new problem. However, it’s rapidly growing and evolving, especially since the pandemic. According to estimates, Canadian retailers have lost $9.1 billion to theft in 2024, an 82% increase from 2018.   U.S. retailers’ median inventory shrinkage percentage is 1.4%, up from 1% in 2018. Experts estimate that as many as 33% of corporate bankruptcies are linked to theft.  In today’s world, traditional security measures are not […]