The future of the grocery store: How it holds up to e-commerce and changing customer behaviours
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Digital financial solutions and tools are becoming more and more used for private payments. Digital devices have shown a convenient tool to use when paying invoices and checking bank accounts. A growing trend is also to use the...
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How to get shorter lines in your store
Most people want their checkout experience to be as fast as possible. While retailers know queues are inevitable, new research* shows just how much of an impact a long line can have on purchase behaviour. The researchers...
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When automated cash handling technology was introduced in the 90´s, it was primarily for security reasons. But nowadays these systems do so much more than dispense money and read checks. Today, cash handling systems automate the...
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Sometimes we get questions like; how large does the store has to be to have a cash management solution? Our answer is that every place that handles cash can be large enough for cash management. But since it can be a quite large...
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Let your promoter seal the deal
When I go shopping in any of the many shopping malls in Malaysia or Singapore I often end up in a department store glancing at men’s apparel, accessories or fragrances.
It’s nice to just stroll around looking, touching and...
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Retailers do a significant amount of cash handling every day. Did you know that with traditional cash handling, a banknote is touched at least eight times before it is deposited? Over time, this amounts to many hours of work –...
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Checkout the future
When visiting a store in the future, how will the checkout work? Perhaps by a simple flick of your hand, you pay for the purchase and alert your shopping drone. Or perhaps the checkout works like this: Uma, my favourite checkout...
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Five ways for better retail cash flow
Poor cash-flow management is causing more business failures today than ever before. Therefore, it is essential to practice good retail management by accelerating your cash inflow, delaying your cash outflow, and minimising your...
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