Key Takeaways: Initial markup (IMU) is the markup you set when a product first hits the shelf, calculated to be high enough that markdowns, shrinkage, and discounts do not eat your required profit later. The formula: IMU% = (operating expenses + target profit +...
Key Takeaways: Most POS attacks exploit routine gaps like unattended card readers, shared logins, and staff inboxes rather than sophisticated hacking. Detection is where retailers lose. Breaches take 181 days on average to discover, according to IBM’s 2025...
In the newest G2 Winter 2024 Reports, KORONA POS has continuously ranked among the most popular point of sale solutions on the market. Each year, KORONA POS continues to improve its positioning as a leading point of sale solution. We’re honored to be a part of G2’s...
The holiday buying season is the most wonderful time of the year for retail sales. Customers are actively shopping for gifts, holiday items, ingredients for festive recipes, party supplies, and more. In fact, many businesses receive 25% of annual revenue during the...
Key Takeaways: Document management in retail is often shortened to DMS. It entails creating, storing, and tracking different documents digitally, such as receipts, purchase orders, contracts, consent forms, employee documents, and waivers. Retail document management...
