Restaurant point of sale (POS) software does so much more than provide fast, accurate service at the checkout. Businesses install POS systems to help track their inventory, increase efficiency and optimize operations. It’s impossible for restaurant managers to be everywhere, so restaurant POS software can streamline processes and serve as an extra pair of eyes that help you pinpoint waste and eliminate the guesswork that costs you money.......

Not so long ago, the most common way to shop was to go to a brick-and-mortar store. You could count on retail foot traffic coming through the doors, especially during special store events or during traditional shopping seasons. Things sure have changed.....

Loss prevention is a costly problem for retailers. The National Retail Federation’s 2017 National Retail Security Survey determined the average shrinkage rate for retailers is 1.44%, and retailers that experience the highest levels of loss are at about 2%. All told, retail loss grew to cost the U.S. economy $48.9 billion in 2016.....

Just about any way you look at it, restaurant labor management is directly tied to profitability. Wages and other expenses related to labor are a big cut of a restaurant budget, typically 30% to 35% according to Chron, with labor costs for hourly employees totaling about 20% to 25%.

The restaurant employee turnover rate is higher than the national average, and that figure is on the rise. In fact, the employee turnover rate is one of the industry’s most pressing concerns, according to Nation’s Restaurant News. The magazine’s Annual Operator’s Survey revealed that 51% of restaurant operators say that attracting and retaining top talent is one of the biggest challenges they face.....