Is Scotch POS the right fit for your store? Eight statements. Tick the ones that describe how your store actually runs, and get a straight read on whether Scotch suits you. Tick everything that applies: Distributor invoices get keyed in by hand, and it eats hours...
Key Takeaways: Inspectors pull a sample of items from around your store, ring them up, and compare each price to the price you had posted. In most states you pass if 98% or more of them match. You only get fined for overcharges. Undercharges still count toward the...
Tobacco excise tax varies wildly by state, from $0.17 per pack in Missouri to $5.35 in New York. Add federal tax, local surcharges, and separate rates for cigars, smokeless tobacco, and vape, and the tax load on a single pack changes sharply from one state to the...
Key Takeaways: Retail markup is your profit on an item (Selling Price – Cost) shown as a percentage of what the item cost you. Markup and margin describe the same profit from two different angles. A 100% markup always equals a 50% margin, and mixing up the two leads...
A tobacco scan data program is one of the few arrangements that pays a retailer for something they already do: ringing up cigarettes and other tobacco products. By sharing that transaction data with tobacco companies like Altria, Reynolds, and ITG, you unlock rebates,...
