retail pos

  1. Puerto Rico Sales Tax Increase

    Late last month Puerto Rica lawmakers approved a bill to increase sales tax. The approved bill will increase sales tax to 11.5 percent from the previous 7 percent, excluding certain processed foods. A new 4% tax will also be added on professional services. The unincorporated American territory has been facing steady downhill recession for approximately 8 years. Speculation the island...
  2. Will CurrentC Make It Alone? Don't Bank On It

    As consumers are poised at the advent of the holiday season, the recent security lapses at the retail point of sale continue to reverberate, and according to Wayne Rash writing for tech observer eWeek.com, it isn't looking great for brick-and-mortar retailers. Buyers continued to be worried about credit card security breaches to the point that Target revenue dropped dramatically after...
  3. Retailers See High Cost Of In House Payment Processing

    Retailers share the view that retail point of sale is under siege from online criminals. And now, ahead of the holiday shopping season, they're being asked to deploy a variety of new solutions designed to improve the retail experience for their customers. "And that puts an undue burden on retailers of all size," says Merchant Warehouse Chief Revenue Officer, Ken...
  4. Retail Accepts Its Mission mPOS-able

    Changing budgets and tastes, the growth of online shopping and security at the point of sale all represent challenges, and opportunities, for retailers. In the last year, mobile point of sale (mPOS) has also continued to grow and evolve. Industry researchers point to the advent of tablets and powerful apps as driving the revolution in how organizations serve their customers...
  5. 7-Eleven Readies Its Wilson Farms Buyout For Franchisees

    The world's largest convenience store franchiser, 7-Eleven, is nearing completion of prepping stores from its 2011 Wilson Farms store chain at a store franchising sale in Western New York. Part of the company's national strategy, 7-Eleven purchased the 188-store Wilson Farms chain and shed some 30 stores through auction, closed others and prepared the 90 area stores for franchising. Given...
  6. Near Field Communications and Tokenization Behind Apple's Point of Sale Play

    More information is coming available regarding Apple's new mobile payments system. According to a recent post on the website pymnts.com, the Apple payment system will use tokenization as well as contactless payment based on the new point of sale terminals used in the company's own stores. As the only full-service point of sale provider — from software development to franchise...
  7. Amazon Gets Physical

    The nation's business press is taking note of Amazon's efforts to create tools and services for traditional brick-and-mortar retailers. "The recent launch of Amazon’s in-store credit card reader and checkout software was one of Jeff Bezos’s most deliberate acts to date to grab a slice of the 85 percent to 90 percent of total purchases that still happen in the physical world," writes Re/code columnist Jason...
  8. Quick-Serve Brands Move to Localize Their Social Media

    All politics is local. To what degree is that also true for quick-service brand marketing? Writing in her Talk of the Town column in QSRMagazine.com (QSRM), Nicole Duncan sees location-specific marketing as the new wave of social media. Duncan's post, titled "Brands localize their social media presence to foster a more authentic consumer interaction," provides a number of examples of...
  9. Quick Serve Retailers Benefit from Consumer Spending "Mo" in April

    Along with our customers, we're buoyed by news that Americans, having emerged from winter hibernation, have relaxed their purse strings at quick service retailers. In a recent blog post, "Report: Consumer Spending at Quick Serves Grew in April," QSRMagazine.com points to analysis by First Data Corporation which compared year-over-year sales data for April, 2014.  FDC's SpendTrend report tracks same-store POS...
  10. Business Tips One Step at a Time: How to Understand Your Customers

    Let us begin with a highlighted business tip from an EKS&H article that sparked this No 2: Hug Your Customers Ask your customers how they are doing. After all, the health of your customer’s business drives the health of your business. Approach your customers with a sense of humility. Spend some time listening and asking questions. Be proactive, and let...
  11. Make No Small Plans: 8 ERP Trends for 2014

    Enterprise Resource Planning (ERP) will continue to be affected by trends, some new and some continuing, according to the experts queried by ERP observer EnterpriseAppsToday.com. "The Top 8 ERP Trends for 2014," EnterpriseAppsToday.com's recent blog post is a fascinating read on the changes, and challenges, ahead for ERP. Time to start planning — for how you'll be making resource plans...
  12. Entreprenuer's Tips for Naming Your Business

    So you have your business plan. You're ready to launch, as all the material you need is laid out in front of you ready for implementation. But wait, you can't launch a business with no name right? How will people know what to call you by? One can look at it this way, your business is kind of like having...
  13. Essential Functions of Retail POS Software

    Here at Sintel Systems we understand that it can be an overwhelming task deciding which Retail POS Software to use. With the ever increasing market for POS systems all across retail stores nowadays it's hard to know how to make the right choice. Sintel Systems offers all these basic features with our software for you store. Here are a few...
  14. Criminals Hit Their Target, 40 Million Cards Affected

    In a recently issued press release, Target has confirmed reports of a major data breach between Nov. 27 and Dec. 15, 2013 that may have affected as many as 40 million cards. The dates included Black Friday, the notoriously busy shopping day following Thanksgiving. Target says the unauthorized access to payment card information may have impacted customers making credit and debit...
  15. Are You Ready for Enterprise Resource Planning?

    For today's retailers, taking care of business means enterprise resource planning (ERP); efficient, tightly integrated systems, including accounting, point of sale (POS), inventory control and forecasting. "The Top Five Signs Your Business is Ready for an ERP System," a recent article on ERP provider NetSuite's website NetSuite.com, provides a quick summary of the problems and frustrations addressed by enterprise resource...
  16. 2014 Retail Tech Spending Aimed at Customer "Centricity"

    Based upon "Retail IT Forecast 2014: It’s All About the Consumer," a recent article at Business Solutions' IT Channel-focused website bsminfo.com, retailers proclaiming themselves as "consumer-focused" seem ready to walk the talk. Business Solutions surveyed its over 40,000 newsletter subscribers about their 2014 technology plans over a broad variety of disciplines, including in-store hardware and software, marketing & operations and...
  17. MPOS Taking Care of Business: Cash Registers Have Left The Building

    For today's retailers, taking care of business means mobile point of sale (MPOS). Cash registers have left the building, or are on their way out the door. "The Cash Registers Days Are Numbered," a recent article citing a Onepoll study on POS industry website PointofSale.com, states that over half of Americans believe the cash register is "outdated" and will be...
  18. Point of Sale Integration With Enterprise Resource Planning Is Changing the Face of Retail

    As retailers' information technology focus shifts from the front-of-house cash-collection to integrated systems with stock management and accounting capabilities, their Point of Sale (POS) systems, historically a standalone, front-end technology, are now being folded into Enterprise Resource Planning (ERP) systems. In an iStart.com feature, "Integrating POS with ERP Changes Face of Retail," Anthony Doesburg writes about the reasoning behind this...
  19. Fastest-Growing Food Franchises to Watch in 2013

    Entrepreneur has released their 2013 report on the fastest-growing franchises in North America, with Subway scoring at number one. Not surprisingly, numerous other Quick Service Restaurants (QSR) dominate the list (25 out of 106 listings). Notably, Chester's chicken, Jimmy John's Gourmet Sandwich Shops and Dunkin' Donuts made the top ten, while frozen yogurt continues it meteoric rise with Menchie's (no. 17), Orange Leaf (no. 20), and Red Mango (no. 38) the fastest-spreading. In a similar icy vein, Kona Ice shaved ice trucks...
  20. POS Going Mobile at Retail, Grocery and Liquor SMBs

    Mobile point-of-sale (POS) systems are helping small- to medium-sized businesses (SMBs) in the retail/grocery/liquor segments build unique and satisfying customer experiences. A recent article titled "Mobile POS Technology Heightens Overall Customer Experience" in Point of Sale News looks at how retailers are using mobile POS systems to add value and get closer to customers, with examples including line-busting, convenience, fast and efficient...
  21. 8 Things You Should Not Do Every Day

    Inc.com came out with a list of “8 Things You Should Not Do Every Day.”  Are you guilty of any of these bad habits? 1.    Checking your phone while talking to someone else There is nothing as rude as being in the middle of a conversation with someone, when they pull out their phone and start typing away. Pretty much...
  22. How to Increase Sales With a Point of Sale System

    We don't know anyone who wouldn't like to increase sales, so we like the tips in this smart post from The Point of Sale News.       At a glance, the big news is all the new next-generation POS options intended to help operators increase sales rather than simply help reduce operating costs. Available features include: 1.    Integrated eCommerce...
  23. Analyzing Brand Loyalty for your Restaurant or Retail Store

    Brand loyalty is extremely important for every restaurant and retail store big or small. Brand Keys recently released their 2013 Customer Loyalty Engagement Index, which forecasts customer devotion across brands. To make such predictions there is a lot of math involved and highly secretive algorithms.  Brand Keys states they are “the only research consultancy in the world that specializes in...
  24. What is a Fraudulent Chargeback?

    A fraudulent chargeback is when a “successful customer dispute over a legitimate transaction. One in which he or she knowingly and purposely participated and for which the customer is fully responsible”, states the Credit Card Blog by UniBul. Fraudulent chargebacks stem from consumers trying to game the system that is at the same time trying to protect them from fraud...
  25. Positive Report: Restaurants Adapting Well to Economic Challenges

    Citing the recent release of the annual Chain Restaurant Industry Review from GE Franchise Finance (GEFF), Nation's Restaurant News reports on how restaurants are adapting to economic challenges. It's good news, as restaurants are adapting well to "consumer preferences and economic challenges" — as well as "whatever's thrown at them," said Kimberly Savilonis, Senior Vice President for GEFF and an author of...
  26. Five Coping Strategies for a Sales Slump

    Five Coping Strategies for a Sales Slump "Into the life of every business, a sales slump will eventually fall," reports Inc.com. "Customers cancel orders, opportunities get delayed, prospects turn out to be dead-ends. Worst case, you can have a 'perfect storm' where nothing seems to go right." What to do? "Keep your head down and soldier on," and: 1. Don't...
  27. Is PayPal's Mobile Payment System a Good Thing?

    Is PayPal's Mobile Payment System a Good Thing? Mobile Point of Sale Systems is all the rage. The newest company to join the race is PayPal. PayPal is already well known for their mobile payment solutions for Smartphones. At the beginning of this year, they launched a mobile payment version for the iPad. PayPal is targeting small businesses that do...
  28. Crucial Considerations Before Purchasing a Cash Drawer

    Crucial Considerations Before Purchasing a Cash Drawer Point of Sale News has a thorough primer on cash drawer considerations in which they explore all the major factors to help business owners choose the right drawers tailored to their needs: cost; space requirements; durability, reliability, and length of warranty; manual or electronic opening tied to traffic volume; compatibility with your POS...
  29. Restaurant Closing Time: A Moving Target?

    Restaurant Closing Time: A Moving Target? When does a restaurant really close? In a classic case of "we said, they said," a San Francisco quick-serve restaurateur contacted Inside Scoop at SFGate with a conundrum about how to handle late-arriving diners and perceptions of "closing time." After an incident where diners arrived three minutes before official closing time and then ignored...
  30. Pricing Insights Help Overcome Customer Irrationality

    Pricing Insights Help Overcome Customer Irrationality   Inc.com has some "Pricing Rules You Need to Know" to help "make the most of customer weirdness" — i.e., irrationality about pricing. Their ABCs of Pricing states, "Buyers are irrational. Predictably so," detailing "three of the frameworks — 'anchors,' 'bumps,' and 'charms' — they use to decide what they’ll pay for your product or services." Querying...
  31. Are Mobile Devices the New Currency?

    Are Mobile Devices the New Currency? The Point of Sale News asks, "How Close Are We to Cashless Commerce?" and answers with 2020 vision: the prediction that mobile payments may replace cash and credit cards by as soon as 2020 according to the Pew Research Center’s Internet & American Life Project on "The Future of Money." With the surge in POS...
  32. 5 Restaurant Trends to Watch This Spring

    5 Restaurant Trends to Watch This Spring The birds are chirping, kids are once again playing outside, and your allergies are acting up. This can only mean one thing: spring has finally sprung. Last month, Nation's Restaurant News published an article titled 5 Restaurant Trends to Watch This Spring. Mediterranean Look out for Mediterranean influences at many restaurants this season...
  33. 4 of The Best Gadgets for Business

    4 of The Best Gadgets for Business There are so many gadgets out there that sometimes it can feel a little overwhelming. Entrepreneur.com released their “pick for the best new business gadgets.”, which lists their favorites in four different categories along with some top alternatives. Tablet PCs: BlackBerry Playbook   (under $500), this seven inch tablet comes equipped with a 1GHz...
  34. 2013 Pizza Expo

    This past March, BestPizzaPOS.com, a division of Sintel Systems, was thrilled to once again be a part of the 2013 International Pizza Expo in Las Vegas. There were over 500 vendors this year including delivery bag providers, topping suppliers and oven makers. There were also 11 different bacon providers.  If you love pizza and bacon this was the place to...
  35. Does Your Restaurant Need A Mobile App?

    Does Your Restaurant Need A Mobile App? Mobile apps come in all shapes and sizes: games, maps, news, even your bank probably has a mobile app. They are created to make our lives easier and sometimes even a little more fun. It is rather shocking to learn, thanks to data recently released by Pew Research, that only 35% of Americans...
  36. Moveable Feasts: Six Mobile Food Ideas

    Moveable Feasts: Six Mobile Food Ideas Entrepreneur has some great ideas for getting rolling with a mobile food restaurant business. In brief: 1. Food Kiosks: Consider the temporary, quick-serve kiosk for its low overhead, flexibility and ease with which it can be opened and closed. These typically appear at indoor locations including malls, stadiums and movie theaters. 2. Food Carts and...
  37. Chicago Pizza Tours

    Chicago Pizza Tours Chicago and Pizza. Two words that is synonymous with each other.  There is not just one type of pizza. Chicago has deep dish, thin crust, pan pizza, oven-fired, artisanal, tavern style, Neapolitan and probably some chef somewhere is creating a new type of pizza as we speak. Just as there is no one type of pizza, there...
  38. 6 Tips from Pros About Owning A Restaurant

    6 Tips from Pros About Owning A Restaurant Owning your own restaurant is no easy feat. Whether it’s the first restaurant you are opening or your fifth there is always something to be learned. Well known restaurateurs such as Rodger Berkowitz (Legal Sea Foods), Tom Coliccho (Top Chef, Craft Family Restaurants) and Barbara Lynch (No.9 Park) to name a few...
  39. Industry Insiders Weigh in on Proposed Minimum Wage Hike as Restaurant Brands Stay Mum (Part II)

    Industry Insiders Weigh in on Proposed Minimum Wage Hike as Restaurant Brands Stay Mum (Part II) Continued from Part I Zackfia's projections also take into account a $.50 increase in minimum wage for tipped service, which was not called for in Obama's proposal. NRN also reports that advocates have not begun to lobby against the hike because it's not reached...
  40. Industry Insiders Weigh in on Proposed Minimum Wage Hike as Restaurant Brands Stay Mum (Part I)

    Industry Insiders Weigh in on Proposed Minimum Wage Hike as Restaurant Brands Stay Mum (Part I)  Announced in Obama's State of the Union address in February, President Obama's proposed minimum wage hike from $7.25 to $9.00 per hour has caused rumblings in the world of chain restaurants. The increase would be the first since 2009, while the federal minimum wage for...
  41. SXSWi: Timely Trends in Restaurant Tech

    SXSWi: Timely Trends in Restaurant Tech A report from Food Fanatics relates the restaurant industry's hottest digital and mobile tech tools trending at the recent South By Southwest Interactive Conference in Austin, Texas. "Mobile technology has changed the way consumers experience your restaurant—from how they discover it to how they dine." They explore Rezhound and BellyCard, as well as the...
  42. Tips on Starting an Organic Restaurant

    Tips on Starting an Organic Restaurant Inc.com recently shared an insightful list of 8 Tips for Starting an Organic Restaurant, for which we offer a quick digest: Expect higher costs: Project for 10-20% higher costs, and more if you plan on a premium water filtration system or compostable takeout packaging. Anticipate price fluctuations: Out-of-season and non-local organic ingredients can vary...
  43. The ABC's of QSR (Quick Serve Restaurant) POS Systems

    The ABC's of QSR (Quick Serve Restaurant) POS Systems Walk down any main street in any city in America and what will you see? A fast food restaurant. From hamburgers to tacos there is a Quick Serve Restaurant (QSR) out there for every one’s taste buds. To the surprise of no one, McDonalds is ranked number 1 as America’s most...
  44. The ABCs of Restaurant Franchising

    The ABCs of Restaurant Franchising Fledgling restaurant franchisees would do well to learn the basic terminology of the industry, as detailed in Entrepreneur.com's 16 Common Franchise Terms: Explained. To get familiar with franchising trends and industries poised for growth, Entrepreneur.com also ranks America's top franchises annually, with the 2013 Franchise 500 representing the 34th year. The post says, "The results ... confirm...
  45. The Takeaway From Groupon's Sacking Of CEO Andrew Mason (part 2)

    The Takeaway From Groupon's Sacking Of CEO Andrew Mason (part 2) continued from our earlier post. So what's next? Retailwire shows some cautious optimism, saying "With the daily deals marketplace maturing, a shakeout could lead to a less-competitive playing field and more tailored offers from those that survive. It's unknown whether Groupon and LivingSocial will benefit from their first-mover advantage or...
  46. The Takeaway From Groupon's Sacking Of CEO Andrew Mason (part 1)

    The Takeaway From Groupon's Sacking Of CEO Andrew Mason (part 1) A long slide in the fortunes at deal-a-day pioneer Groupon, including a significant drop in fourth-quarter earnings and 24% reduction in the company's value, resulted in the ouster of CEO Andrew Mason late last week. In his already infamous exit memo, Mason, who allegedly turned down a $6 billion offer...
  47. How To Keep Your Seasonal Business Going Year Round

    How To Keep Your Seasonal Business Going Year Round  In an earlier blog we gave you tips to help you franchise your pizzeria. But what if you own a seasonal franchise or restaurant? A seasonal business may sound great to the owner who wants to manage their own business, and only have to work a few months out of the...
  48. How Do You Know When You Are Ready To Hire?

    How Do You Know When You Are Ready To Hire? The idea of bringing new people, sometimes unfamiliar people, to help you look over your business can be a scary and daunting task for many restaurant and business owners. How do you know when you are ready? If your restaurant or business is doing well, and can afford for you...
  49. Facebook Strategies Every Restaurant Owner Must Know

    Facebook Strategies Every Restaurant Owner Must Know In navigating the tricky waters of the ever-evolving Facebook landscape, many businesses struggle to keep up, maximize their potential, practice good netiquette and avoid common pitfalls. Social Media Today has some handy hints from Jim Belosic for making the most of your Facebook strategy, including avoiding these 7 ways to fail. Turning these into...
  50. Chicago Food Truck Legislation: Breakthrough or Too Little Too Late?

    Chicago Food Truck Legislation: Breakthrough or Too Little Too Late?   It's been a rocky road for Chicago's food truck community over the past few years, with eager early pioneers of restaurants on wheels lobbying hard for on-board cooking legislation; overcoming the lack thereof to get rolling with pre-prepared food; and many eventually stalling out over complications including bureaucracy, steep...
  51. SEO, Loyalty, Linking, Sales: Why to Blog for Your Restaurant's Brand

    SEO, Loyalty, Linking, Sales: Why to Blog for Your Restaurant's Brand If you're already blogging for your restaurant or business, you're probably wondering how to maximize your efforts. If you're not blogging, it's probably time to start. First, consider these basic hows and whys from elirosesocial.com: -Keeps people returning to your website -Showcases your experience -Gives you new content to share...
  52. Is Your POS Ready for The New Ways To Pay?

    Is Your POS Ready for The New Ways To Pay? Visa recently announced new liability shift dates for its EMV (Europay, MasterCard and Visa) roadmaps that will affect merchants and Point of Sale (POS) terminals, as well as banks, credit unions and independent automated teller machine (ATM) deployers, Mobile Payments Today reported. According to Visa, first mover on EMV in...
  53. Is Having a Mobile Ecommerce Platform Necessary for Today’s Cross-Channel Luxury Shopper?

    Is Having a Mobile Ecommerce Platform Necessary for Today’s Cross-Channel Luxury Shopper? “If you don’t have a mobile strategy, you don’t have a future strategy,” said Eric Schmidt, Executive Chairman of Google. While luxury retailers have been slow to assimilate their target market's browsing and purchasing habits, The Luxury Retailer’s Guide to Agile Commerce has determined that this demographic has...
  54. Get More Media Coverage for Your Restaurant

    Get More Media Coverage for Your Restaurant It's not enough to have a brilliant business idea and the drive and determination to see it through: all restaurants must face the need for media attention to promote word-of-mouth, new customers and investor interest. Gist.com has published a media relations primer for restaurants with three main steps to demystify the process: Step...
  55. For Customer and Client Satisfaction: Email or Phone Call?

    For Customer and Client Satisfaction: Email or Phone Call?  That is the question. Which is best? What is your stance on emailing versus calling a client or employee? Are you still “old school” when it comes to choosing communication methods for your business? While there is no right or wrong forms of communication, there are some things to keep in...
  56. Three key pieces of advice for getting the best customer reviews.

    Did you know that 90 percent of consumers trust peer reviews and 70 percent trust online reviews? This only reinforces the fact that consumers everywhere are logging onto sites like Yelp to help them decide where they should eat for dinner, or where is the best place to get their haircut. As a business owner you should never underestimate the power...

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