POS HARDWARE

Purolator Partners With Tulip to Modernize its POS system

Tulip.io Inc. | February 08, 2022

POStech News
Tulip, a global leader in cloud-based retail mobile solutions, announced its partnership with Purolator, a leading integrated freight, package and logistics provider in Canada. Purolator selected Tulip to help modernize checkout processes and improve the customer experience across their 133 retail locations.

"Purolator is investing in innovation and modernization, and we're really excited to be part of that, We're proud to be providing solutions to help them enhance customer experiences and improve store performance."

- Tulip's CEO, Ali Asaria.

Purolator is one of Canada's leading premium courier providers. With one of the most extensive networks in Canada and regional locations across the U.S., they have continuously raised the bar on supply chain solutions for over 60 years. Purolator chose Tulip's innovative, scalable solutions to increase customer engagement, maximize sales and provide a platform for future growth across their bricks-and-mortar and mobile locations.

"Purolator is always working to elevate our customer service through new digital tools and innovative operations solutions, We are excited about leveraging Tulip's in-depth retail expertise in ways that will allow us to enhance our organizational efficiency and offer an industry-leading customer experience."

- Laurie Weston, Senior Director of Retail, Purolator.

Purolator will be using Tulip's enterprise point of sale (POS) solution, Tulip Checkout, along with its Performance Planning and Intelligent Staff Scheduling solutions. Together, they will enable Purolator to identify and address performance risks, while providing a seamless omnichannel checkout experience.

About Tulip
Tulip provides a suite of cloud-based solutions that let retailers overcome industry challenges and set a new standard for omnichannel commerce. Partnered with Apple and Salesforce, Tulip equips sophisticated retailers to build connections with customers, fulfill orders, checkout purchases, and optimize operations in order to create the end-to-end experience modern customers expect. Leading retailers like Mulberry, Saks Fifth Avenue, Kendra Scott, Kate Spade, COACH, and Michael Kors use Tulip to elevate the shopping experience, increase sales, and improve customer service across channels.

Spotlight

Scott Galloway, Professor at the NYU Stern School of Business and Founder of L2 Inc., told attendees at NRF 2019 that the key to companies increasing both revenue 20-30% over the next five year and doubling their stock price is the business model. More specifically, a reoccurring revenue bundle or "rundle" can help retailers and consumer companies add massive shareholder value relative to their topline growth.


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POS HARDWARE

Square Unveils Suite of New Integrated Restaurant Solutions to Help Increase Profitability and Improve Server and Customer Experience

Square | May 20, 2022

Square announced a suite of new software and hardware restaurant solutions. Built on the company’s experience in serving hundreds of thousands of restaurants over more than a decade, these new solutions help restaurants of all types and sizes, particularly full-service restaurants (FSRs), improve their bottom line and increase the efficiency of their operations. Square launched Square for Restaurants mobile POS, which gives servers the power of Square for Restaurants, an all-in-one restaurant POS, in their apron pocket - enabling them to quickly and seamlessly take orders and payments tableside or in line. Restaurants using the Square for Restaurants mobile POS beta program have been able to turn more tables and grow their sales even when they were short on staff. Square for Restaurants mobile POS runs on two handheld devices: Square Terminal and the forthcoming Restaurant Mobile POS kit, and as a launch promotion, restaurants will be able to use the software for $0 per location until early next year and just $50 after the promotional period ends. “We're seeing a lot of additional efficiency in our operations with Square for Restaurants mobile POS because our staff are spending more time on the floor rather than out of reach putting in orders, With the layout of our restaurant, Square for Restaurants mobile POS is saving a lot of physical steps, which has increased staff satisfaction and alleviated some of the stress on their positions. Alcohol sales also rose by 22% and we have seen voids due to out of stock items decline by 57%.” -Frankie DiCarlantonio, owner Scaffidi Restaurant Group. Square also announced Square Stand Mount, a versatile iPad point-of-sale that can be easily affixed to any wall or countertop right out of the box, or used as a kiosk. Coming soon, Square Stand Mount will allow restaurants to optimize space by mounting their POS to their ideal surface and helps waitstaff make checkout more efficient with integrated payments built in. Further, the company announced updates to the broader Square for Restaurants POS system, including: Coursing, a feature that helps restaurants manage the flow of orders to and from the kitchen, is now available on Square Register, Square for Restaurants mobile POS, and Square KDS. Now significantly more powerful, Coursing enables servers to send items as additions to courses already sent to the kitchen. At the same time, prep stations and expeditors will soon be able to flip between viewing everything fired, held, or completed, improving ticket readability, reducing errors, and providing diners an exceptional hospitality experience. Square KDS will soon enable restaurants to route tickets from a specific POS to a specific KDS, giving restaurants more flexibility in how they organize their kitchens to better support growing delivery and pickup orders. Along with other recent KDS feature launches such as seating and kitchen-facing names, restaurants can now use KDS as a full digital replacement for messy and expensive kitchen printers. Square’s powerful ecosystem offers first- and third-party integrations to seamlessly and efficiently power every element of a restaurant’s business operations, from delivery orders to team management. With Square Loyalty, sellers can schedule one-off or recurring promotions to drive more business on slower days. Square Payroll can help restaurants attract and retain staff in a challenging hiring market, with popular employee features such as On-Demand Pay, which enables W-2 employees to access up to 50% of their earned income before the pay period ends. Square will soon be introducing its first reservation & table management system integration with OpenTable, which will allow restaurants the ability to connect the data from their POS with the data from their OpenTable reservations system, unlocking better, more personalized customer experiences. Restaurants can now use SoundHound to take voice orders automatically without having to dedicate their limited staff to answering the phone, and this summer will be able to power their own delivery services (and maintain higher margins) via new integrations with Cartwheel and Vromo. “Square is dedicated to building the most robust ecosystem of products and services for restaurants of all types and sizes - from multi-location FSRs to QSRs, bars, breweries, and everywhere in between, No two restaurants are exactly alike and one solution doesn’t always fit all. That’s why we’re constantly working to grow and improve our suite of first-party products and partner integrations to enable restaurants around the globe to thrive in 2022 and beyond.” -Bryan Solar, Head of Restaurants at Square. Restaurant operators attending the National Restaurant Association Show from May 21-24 can visit Square’s booth #6057 for a preview of Square’s new and existing restaurants product suite. Attendees who meet with our Sales team and sign up with Square at the NRA Show will receive 3 months of Square SaaS software and may qualify for additional discounts on hardware and from Square partners. Square is also launching a new referral program available for a limited amount of time - offering exclusive perks to both the referrer and the referred as well as custom promotions for the Illinois Restaurant Association members - our latest partner.

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POS HARDWARE

Gildan Activewear Reports Record Results for the Fourth Quarter and Full Year 2021

Gildan Activewear | February 24, 2022

PowerPay, the nation's fastest-growing home improvement financing technology company, has announced an integration with Leap, a leading sales software platform for home improvement contractors and remodelers. Through this integration, all existing Leap users will have access to PowerPay financing products including the nation's best no dealer fee program which includes 15-year terms, rates starting at 4.99%, a max loan of $100,000, and FICO scores from 500 to super prime. PowerPay also offers a first look program with 12, 18, and 24 months, no interest, and no payment promotions. Adding PowerPay to the Leap interface reduces the time from the application to completed loan by 30% Home improvement contractors that use the Leap software will now be able to submit loan applications through the Leap platform directly to PowerPay, streamlining the financing process for Leap and PowerPay customers. "It's a tremendous opportunity for us to partner with Leap because we share many of the same great clients across the U.S. who have been asking for this integration. Adding PowerPay to the Leap interface reduces the time from the application to completed loan by 30% - now faster than our competition." -David Haas, co-founder of PowerPay "Now more than ever, homeowners expect their contractors to offer a simplified, streamlined sales process, By partnering with PowerPay, we're able to offer our customers a robust, best-in-class financing option that provides them with yet another way to exceed homeowner expectations and simplify the home contracting process." -Patrick Fingles, CEO of Leap. About PowerPay Launched in 2020, PowerPay is a financial technology company providing seamless home consumer financing solutions to over 7,000 contractors and merchants. The company helps merchants to grow their businesses with a simple point of sale financing platform converting large purchases into affordable monthly payments. PowerPay has processed over $1 Billion in home improvement loans since its inception. About Leap Leap is a subscription-based software that home service contractors use to digitize their business, including digital contracts, estimates, documents, financing, and more. Integrating with top home improvement software, Leap eliminates redundancies and errors that slow down your sales process and brings together everything in one place.

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POS SOLUTIONS

Socket Mobile Hosting Free mDL and ISO 18013 Educational Webinar with UL on February 15th

Socket Mobile, Inc. | January 25, 2022

Socket Mobile Inc., (NASDAQ: SCKT), a leading provider of mobile data capture solutions for business applications, is excited to announce that they will be holding a webinar on February 15th, 2022 to explain mobile driver's licenses (mDLs), the ISO 18013 standard, and how their integration into retail POS apps can deliver benefits to both the consumer and merchant. Many states have already begun to roll out systems for mobile driver's license usage. Socket Mobile believes there will be an increasing demand for retail POS apps to support these digital forms of identification as the mDL become an integral part of our lives. This live online seminar will dive into the fundamentals of mDLs, current implementations, and their impact on the retail industry moving forward. About the Presenters: The educational webinar will be featuring speakers Dave Holmes (Chief Business Officer at Socket Mobile) and Alice Chan (Advisor at UL). Dave Holmes of Socket Mobile has over two decades of experience in payments, mobile, IoT and cybersecurity and has been at the forefront of helping to bring those worlds together. "At Socket, we believe strongly that states continuing to rollout mDL will have a big impact on the retail sector. We want our application partners to know the latest developments in this space and how they can benefit from them. We are very excited to bring subject matter expertise from UL to the table and offer this educational webinar for free to our partners," - Dave Holmes, Chief Business Officer at Socket Mobile. Alice Chan is an Advisor at UL, a global independent safety science company with more than a century of expertise innovating safety and security solutions. Alice specializes in identity management and security for clients in the digital identity and payment industries. With their combined experience and different perspectives, Dave and Alice will explore ISO 18013 and mDLs, followed by a LIVE Q&A to address questions attendees may have.

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POS HARDWARE

Posiflex Will Showcase Innovative Retail Solutions at NRF 2022, Including New Point-of-Sale Terminals for the Post-Pandemic Era

Posiflex | January 07, 2022

Posiflex is pleased to join National Retail Federation’s Big Show for 2022 and will be showcasing its latest point-of-sale solutions in booth #5919. After a two-year-long hiatus from a live NRF show, anticipation is at an all-time high, and Posiflex is excited to exhibit its full line of point-of-sale (POS) terminals, kiosks, tablets and more—along with a few surprises—optimized for retailers in search of powerful and flexible post-pandemic solutions for their operations. In addition, Posiflex will showcase a new line of POS terminals for today’s retail demands, including the versatile XT7315, and exciting, fresh models from the new RT6000 Series: the RT6015 and RT6016. The XT7315 comes with a wide selection of processors that can suit virtually any point-of-sale requirement. Running on Windows 10 IoT Enterprise OS platform, the XT7315 is housed in a stylish, durable exterior and has a well-designed base that allows for optimal cable management. With its choice of processors, plus a multi-position folding base and a fanless design, the XT7315 continues the excellence of quality and performance that the line of Posiflex XT Series is well-known for. The new RT6000 Series includes two models: the RT6015 and RT6016, both providing a selection of Intel processors geared for maximum performance and uptime. The main difference between the two models is the display size, with the RT6015 having a 15”/4:3 standard-ratio touch screen display and the RT6016 having a 15.6”/16:9 widescreen-ratio touch screen display. Running on Windows 10 IoT Enterprise and sporting the same exceptional characteristics from the RT Series family, including sleek aesthetics, durability, performance, and reliability, the Posiflex RT6000 Series is an ideal fit for Retail, Hospitality or Specialty-Service establishments. “With rigorous HALT/HASS testing and total in-house manufacturing that all our products experience, our new XT7315 and RT6000 terminals extend the Posiflex legacy of providing top-notch point-of-sale hardware for today’s challenging atmosphere and customers’ demands, We look forward to introducing these exceptional products along with the rest of our latest solutions at NRF 2022.” -Doyle Ledford, VP of Sales & Marketing for Posiflex. About Posiflex Since 1984, Posiflex has designed and manufactured award-winning POS terminals and peripherals. Posiflex has since grown exponentially to provide not only full-service POS stations, but also versatile self-service kiosks, state-of-the-art mobile tablets, and scalable embedded PC solutions. Renowned worldwide in the retail and hospitality industries, Posiflex is a proven leader in POS hardware for Windows and Android OS. More than 30 patents and numerous awards have been won for product innovation, design, and reliability.

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Spotlight

Scott Galloway, Professor at the NYU Stern School of Business and Founder of L2 Inc., told attendees at NRF 2019 that the key to companies increasing both revenue 20-30% over the next five year and doubling their stock price is the business model. More specifically, a reoccurring revenue bundle or "rundle" can help retailers and consumer companies add massive shareholder value relative to their topline growth.

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