David Rivera

Square and Lightspeed both offer fully featured point-of-sale (POS) systems for retailers and restaurants, with Square also offering tools for appointment-based businesses and Lightspeed a system for golf courses. Both providers offer their own payment processors, in-house ecommerce stores, and tons of POS tools and add-ons to manage your store. However, they are best suited…

Lightspeed Retail and Shopify are excellent point-of-sale (POS) systems with strong omnichannel selling tools for in-store, online, and mobile. Both offer cloud-based POS software that regularly appears on our list of the best POS systems for small businesses. Both systems also include international sales capabilities, 24/7 support, native online store tools, inventory syncing, and tons…

Gas station owners have unique needs for their point-of-sale (POS) systems. Gas station POS systems should be able to handle fuel pumps and transactions for in-store retail and food items, kitchen- or fresh-made items, and even car washes. Plus, of course, a gas station POS needs to have basic POS functions like reliable payment processing…

The beauty industry is broken down into the skincare, hair care, and makeup sectors. While not all of these sectors perform equally well, all of them have shown consistently good performance year over year, both in the US and globally. Our breakdown of beauty industry statistics and trends will show you which areas have the…

Circular fashion involves designing, manufacturing, and using clothing and fashion products with the goal of extending their life cycles and minimizing waste. On the producer’s end, this can mean sourcing sustainable materials or reusing or recycling materials back into the production phase, rather than being discarded as waste and removed from the process entirely. A…

Radio-frequency identification (RFID) is technology that uses electromagnetic fields to identify, track, and transmit data—such as the specific item number, batch number, or item production date—via a tag that is attached to an item. The reader device displays all of this information, which is useful for inventory management tasks such as tracking stock quantities and…

A sure sign of ecommerce growth is increased sales. It’s way easier to achieve (and is better down the road) than reducing costs or raising prices to increase store revenue. Learn how to increase ecommerce sales by reading our recommended tips below. These ecommerce sales strategies will go a long way toward bringing in greater…

Grocery stores require specialized hardware and software tools on top of standard point-of-sale (POS) software features, such as scale and scanner integrations, online grocery sales, self-checkout options, and lot and expiration date tracking. These extras typically come at a higher cost, but small grocers still have affordable POS options. Based on our evaluation, the best…

In this article, we’ll define predatory pricing and take a closer look at how it works, its short- and long-term effects, and real-world examples. How Does Predatory Pricing Work? Predatory pricing is a strategy that unethical businesses adopt for customers to flock toward their goods or services and away from competitors—often those with smaller financial…

The bullwhip effect occurs when small changes in customer demand cause large changes in ordering and inventory upstream in the supply chain. The name comes from the physics of using a whip—a smaller force or movement at one end can result in a much more powerful movement at the other end. In this article, we’ll…

Though startup costs can vary from business to business, almost all new businesses will have at least a few expenses, such as getting a business license, setting up a website, and marketing. Some costs of starting a business are not required but are helpful, such as an initial emergency fund or equipment. For the simplest…

Shrinkflation is the process of companies shrinking the size or quantity of products while maintaining the same product prices. This results in financial savings for the company producing the goods, but it can also make consumers feel frustrated or cheated. Shrinkflation is caused by rising production costs that lead retailers to find ways to save…