Updates
Are you ready to upgrade to version 4.0? Here are the upgrading steps in sequence: In the older version run the Backup command and let Retail Plus write the data files to a backup folder on the local C: drive. The menu path is: Tools / Backup / OK. If you are also...Retail Management Tips
Small retailers, whether online or on Main Street, are often the first businesses to feel the effects of an economic downturn. In many cases, a smaller retail business is unable to compete with the pricing that the larger big box department stores get, and customers...Retail Management Tips
The 20-Percent Rule The saying goes that 20-percent of buyers consume 80-percent of your product volume. If we are to prove the saying true, we need to find out who the 20-percenters are and target our products directly at them. The 20-percenters are the niche market...Retail Management Tips
To be successful in retail, it is essential to stock the right products, at the right time and at the right price. To do this, you must be able to source your products from the best and most reliable supplier that you can. This is not always an easy thing to do....Retail Management Tips
This infographic does a great job of explaining how credit card processing fee work. Everything from who is getting paid between the merchant provider and credit card carrier, to examples of average fees and rates for processing credit card...Updates
Retail Plus POS has teamed up with X-Charge to offer an excellent solution for credit, debit and gift card processing. X-Charge has agreed to supply all Retail Plus customers free processing & reporting software and to get you started without any application...Updates
Mercury Payment Systems specializes in integrated payment processing solutions that are seamlessly embedded in Retail Plus. Both their two-second Internet protocol (IP) and dial-up platforms include free, value-added services, such as gift card processing, 24/7...Retail Management Tips
Update: Retail Plus and Vantiv have teamed up to offer retailers bonus value when upgrading to integrated EMV card processing. Reduce liability and costs, increase speed and convenience. Call 888-272-4874 for details. It seems every week there is a story in the news...Retail Management Tips
Last year the Canadian Government announced, as part of its Economic Plan 2012, that it will eliminate the penny from Canada’s coinage system since the cost to produce it has surpassed its value as a means of payment. The Royal Canadian Mint ceased distribution of...
