The term omnichannel has been part of the retail world since around 2010. And still omnichannel retail continues to grow – at a predicted average of 16.4% CAGR between 2020 and 2027 taking it to a global value of US $16.9 billion. iVend's Retail Management Solution iVend helps enterprise retailers run efficiently and [...] The post Beyond Click & Collect: True omnichannel retail in 2024 appeared first on iVend Retail ..read more

As the holiday season approaches, supermarkets start to gear up for their busiest time of the year. We all like to eat, drink and be merry, and that means big business for supermarkets and grocery stores. In the UK, for example, in 2023 shoppers made 488 million grocery shopping trips in the four weeks before [...] The post The seven must-have technology priorities for supermarkets appeared first on iVend Retail ..read more

Inventory is a big part of your retail business investment – up to 80% of the total in some cases. Flawless inventory management is therefore one of the most effective things you can do in order to reduce costs and maintain smooth operations. iVend's Retail Management Solution iVend helps retailers around the world [...] The post Smart Replenishment: The Key to Efficient Inventory Control appeared first on iVend Retail ..read more

As the holiday season approaches, retailers and consumers alike are thinking about perfect presents. One option that consistently stands out is the gift card. Gift cards have become a firm favorite, with the global gift card market expected to grow to $3.09 trillion by 2030 (up from $984 billion in 2023). iVend's Retail Management Solution [...] The post The Gift of Gift Cards – for shoppers and retailers appeared first on iVend Retail ..read more

IT systems are essential in any modern retail operation and the two key platforms are point of sale (POS) and Enterprise Resource Planning (ERP). These two platforms each play a different, but equally crucial, role. They also offer today’s retailer an opportunity for true synergy – where the combination of the two gives a result [...] The post Bottom line booster – The power of POS and ERP Integration appeared first on iVend Retail ..read more

Connected retail systems integrate digital technology with physical shopping, blurring the lines between the brick and mortar store and online shopping. Also known as ‘phygital’ – this blended approach to digital and physical enables a far broader range of customer interactions and gives retailers the opportunity to streamline operations for maximum retail operational efficiency. Here we take a look at how integrated retail solutions are growing in importance, and the retail operational efficiency boost it offers retailers. Retail POS Software iVend’s connected retail systems are enh ..read more

No man is an island’, wrote John Donne in the 17th century. In the 21st century, we can apply the same sentiment to business – no successful business can operate entirely on its own resources. Retail POS Software Build your trusted tech partnership with market leader iVend. We help retailers worldwide to boost their bottom line. Read more In 2024, we’re going through a retail revolution, where technology partnerships are essential to retail business growth and efficiency, and a key strategy for building a thriving retail business. Here we explore the five tangible ways that working ..read more

Customer retention is one of the most valuable and important strategies for building a successful mid-size retail business. It places the focus on customer lifetime value (CLTV) – the total that a customer spends with the retailer over a relationship that usually spans years, and even generations. Customer retention for retailers drives maximum value from a customer by focusing on longevity and consistency, which in the long run are worth more than a short-term shopping spree from a consumer who then moves on. In fact, 80% of growth revenue comes from generating increased sales with existing ..read more

In retail, a chain can be two stores in neighboring towns, or a huge multinational like 7-Eleven with its 80,000-plus outlets in 19 countries around the globe. But whether an operation is large or small, as soon as a retailer moves from one to multiple stores, they enter a different world of challenges. Retail POS Software iVend Cloud POS supports mid-market and enterprise retail chains worldwide. Learn more about our sophisticated POS solution for omnichannel retail. Read more In retail, staying up to date is essential – being ahead of customer demand, implementing the latest best ..read more

After an unpredictable few years in retail, it’s perhaps no surprise that many retailers have decided to ‘sweat their assets’ and hold on to their POS systems for longer than in the past. Currently, only 21% of retailers are using POS software they’ve adopted within the past two years, and more than 40% of POS software is over five years old. Outdated POS Software iVend’s state-of-the-art software eliminates outdated POS system risks. Read how our modern POS system benefits retailers worldwide. Read more In retail, staying up to date is essential – being ahead of customer demand, i ..read more