|
40% of
retailers surveyed say they are replacing their POS
systems this year
The new economic
environment has changed some retail fundamentals,
framing a new direction in retail. This changed
landscape requires retailers to shift along with it and
adapt a far more strategic role to gain a competitive
advantage. A better point of sale software system plays
a big role in doing that.
Read "Top Reasons
to Upgrade To A Better POS Software Solution".
Retailers using data-driven analytics increase revenue
by more than 5% margins
Lessons learned by
current savvy retailers include being totally
customer-centric, streamlining processes to be more
efficient, and being analytical in making decisions.
"Competition is fierce and the landscape is constantly
changing as new players emerge. You have to always be on
your game," says Jack Minuk, EVP and GMM of the shoe
division at Nordstrom.
Read "The Shape of Things To Come"
|