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February 22, 2013

  Top Story 
 
Without RFID, Inventory Accuracy is Poor
RFID gives brick-and-mortar retailers the data-driven insights that online retailers leverage every day. RFID-based inventory management delivers benefits to retailers, including significant revenue and gross margin uplift, enhanced customer service, confident omni-channel execution, and business insight from inventory analytics. Learn more in this free white paper.
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  Industry Tracker 
 
Get with the flow. How payment processing affects cash flow.
Cash flow is the lubricant of business. Without a healthy cash flow, business dries up. It stops. It can't function. Which is why it is vital to keep the revenues coming in as the expenses go out. But there's one aspect of cash flow that many of us are not aware of. It is how managing credit cards and other such non-cash payments affect cash flow. Turns out it has a huge affect. Download the free guide today.
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  Retail News 
  • Retail landlords cheer Office Depot, OfficeMax merger
    The planned merger of Office Depot and OfficeMax may result in the closure of some stores, but retail landlords still see it as a positive path to create a stronger chain for the future. "We see this, on balance, as being a good thing for the industry and an opportunity for us," said Drew Alexander, CEO of Weingarten Realty Investors, whose shopping centers include 23 Office Depots and 11 OfficeMax stores. The Wall Street Journal (2/20) Email this Story
  • Wal-Mart extends "scan-and-go" option to more stores
    Wal-Mart has added its mobile self-checkout option at 40 Denver-area stores, after launching the first tests of the "scan-and-go" system at stores in four other markets. Shoppers use their smartphones to scan each product's bar code as they fill their carts, then the application generates a QR code that's scanned at self-payment kiosks. Internet Retailer (2/20) Email this Story
  • Other News
  Finance & Economics 
  Business Best Practices 
  • Build your courage one small act at a time
    Carry out small, courageous acts every day -- such as by speaking up to your boss or tackling a project that you've failed at in the past -- so that you'll be ready when your resolve is truly tested, writes Bill Treasurer, founder of Giant Leap Consulting. "Big courage feats come on the heels of many little courage acts," he writes. TrainingMag.com (2/19) Email this Story
  SmartQuote 
The question should be, is it worth trying to do, not can it be done."
--Allard Lowenstein,
American politician


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