National Retail Solutions (NRS), a prominent provider of POS solutions for independent retailers, has recently teamed up with LottoShield, a state-of-the-art lottery fraud prevention system, marking a significant step forward in securing lottery ticket sales for small businesses. Independent
The retail industry is undergoing a profound transformation, driven by the integration of Internet of Things (IoT) technologies. These advancements are reshaping various facets of the retail landscape, from inventory management and customer experience to security and loss prevention. By leveraging
Simbe, a leading provider of retail automation solutions, recently announced a substantial achievement in securing $50 million in Series C equity financing. This funding milestone was primarily driven by Growth Equity at Goldman Sachs Alternatives, with notable participation from Eclipse, Valo
The adoption of Artificial Intelligence (AI) in New Zealand's retail sector is currently lagging behind its counterparts in Singapore and Australia, raising concerns about the future competitiveness of the industry. Despite the proven advantages of AI in efficiency and customer experience, New
The comparison between e-commerce and brick-and-mortar retail models has become increasingly significant as consumer behaviors evolve and technology continues to reshape the commercial landscape. This article delves into various aspects of each retail model, analyzing revenue potentials, cost
Retailers increasingly face a persistent issue known as "phantom inventory," where system records show items as available that are not actually in stock. This discrepancy can lead to lost sales, customer dissatisfaction, and a cascade of operational headaches. Enter RELEX Solutions
