Business

Walgreens Planning Store Closures and Laying off Hundreds

Walgreens Planning Store Closures and Laying off Hundreds

Walgreens has yet again announced layoffs of hundreds of employees across two states. The company plans to downsize its branches as part of its cost-cutting efforts. This move will affect almost 650 jobs in Dayville and Orlando, as Walgreens plans to close branches on May 17. This news comes after the recent layoffs in February […]

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Top Point-of-Sale Trends for 2024

Top Point-of-Sale Trends for 2024

The point-of-sale (POS) system has evolved into an indispensable tool for retailers, far surpassing its original function of simply processing sales. Today, POS systems integrate capabilities such as employee scheduling, gathering critical sales data, and monitoring inventory levels across diverse selling platforms. Retailers must stay up-to-date on point-of-sale trends in 2024 to maintain expertise and

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CVS Closing Some Pharmacies Inside Target Stores

CVS Closing Some Pharmacies Inside Target Stores

CVS is set to close numerous pharmacies situated within Target stores at the beginning of 2024, according to a statement from a company representative. These closures reflect the challenges that retail pharmacy chains in the US are encountering with their prescription services and workforce management. CVS spokesperson Amy Thibault explained that the affected pharmacies will

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Restaurant Marketing Tips and Tricks for 2024

Restaurant Marketing Tips and Tricks for 2024

In the fiercely competitive restaurant industry, standing out requires more than great food; it demands a bullet-proof marketing strategy. This guide is packed with restaurant marketing tips to attract and retain customers, turning first-time visitors into loyal regulars. From explaining post-pandemic dining expectations to utilizing creative and strategic ideas, we’ll help you differentiate your establishment

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Innovative Hacks to Boost Retail Business Efficiency

Innovative Hacks to Boost Retail Business Efficiency

In the fast-paced world of retail, standing out from the competition and maximizing operational efficiency is more crucial than ever. With the advent of e-commerce reshaping consumer preferences, traditional brick-and-mortar stores face the pressing challenge of adapting to an increasingly digital marketplace. Retailers constantly seek innovative ways to attract and retain customers, enhance the shopping

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FedNow Service has 500 Plus Participating Institutions

FedNow Service has 500 Plus Participating Institutions

The convenience that new fintech tools offer is an important factor for user compliance, and that is why consumers in the United States are actively supporting them. To cater to these preferences, innovative payment options like P2P payment apps and autopay have become popular. One such platform, FedNow, was introduced last year with the aim

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Fiserv Launches a Small Business Index

Fiserv Launches a Small Business Index

Fiserv, a company that provides technology for payments and financial services, has introduced the Fiserv Small Business Index. This unique tool evaluates the performance of businesses in the United States based on state and industry factors. Unlike other indexes, this index stands out because it directly uses data from around 2 million businesses in the

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Consumer Financial Protection Bureau To Cut Overdraft Fees To $3

Consumer Financial Protection Bureau To Cut Overdraft Fees To $3

The Consumer Financial Protection Bureau (CFPB) is working on a plan to lower overdraft fees. These are the fees Americans pay when their bank accounts run dry. As a part of the Biden Administration’s fee-reducing efforts, this could save Americans around $3.5 billion yearly. Overdraft fees from banks and credit unions take billions from Americans

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IRS Mileage Rates 2024

IRS Mileage Rates 2024

The year 2024 is upon us and as we drive forward the Internal Revenue Service (IRS) has announced the updated mileage rates for this year. The IRS recently announced the updated mileage rates for 2024 with slight changes compared to last year. Specifically, the mileage rate for business travel has increased by 1.5 cents per

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Salesforce Acquires Spiff

Salesforce Acquires Spiff With Focus To Expand Its SPM Offering

Salesforce, known for its cloud software, is set to buy Spiff, a company specializing in sales commission tools. This move strengthens Salesforce’s sales offerings, giving users a more robust platform. Established in 2017, Spiff has been a game-changer in automating sales commissions. Spiff offers a user-friendly interface that simplifies the process for businesses to set

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CFOs Are Cautious About Real-Time Payments

CFOs Adopt Cautious Strategy for Leveraging Instant Payments

A significant majority of CFOs want to adopt real-time transaction solutions, also known as instant payments, within the next two years. This indicates a substantial increase compared to the adoption rate, which is less than half. As of September 1st, The Clearing House (TCH), the operator of the RTP Network that has been operational since

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Top Fraud Management Trends In 2024

Top Fraud Management Trends In 2024

Payment fraud poses a significant threat across industries, with pharmaceuticals, manufacturing, and finance being particularly susceptible. It is imperative for leaders in information technology and cybersecurity, including managers and team leaders, Heads of the ITs, CISOs, and IT managers, to stay informed about the current market of payment fraud, its associated costs, and the effective

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