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Return Fraud to Cost Retailers $2.9 Billion This Holiday Season, According to NRF Survey
"Many shoppers love the convenience and flexibility that digital receipts offer them, and unfortunately criminals are finding ways to manipulate them," said Mellor. "Return fraud in any form is a serious threat, and we know that retailers have made significant strides in their fight against retail crime, and are continuing their efforts working with law enforcement to address this multi-billion dollar problem."
Read the Article Here
Make sure you are using the tools available in your Point of Sale system. The use of "validated" returns is a great method of deterring return fraud.
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| Mercury News |  |
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Skurla's POS Solutions Newsletter |
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Holiday Schedule
For Christmas, we will be closed Monday, December 24th & Tuesday, December 25th.
For New Year's, we will be closed Monday, December 31st & Tuesday, January 1st.
However, we understand the importance of customer service and issues that may arise during this busy retail season.
If you have an emergency, please call us at 243-2683 and follow the prompts to leave a message for the Emergency On-Call Technician.
Your message will page us, and we will be glad to assist you. |
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Are you ready to expand your business - beyond the 4 walls of your store?  The Transformational Impact of eCommerce on Retail Stores
According to the Platt Retail Institute, "Online sales, whether accessed by computer, tablet or smartphone, offer the greatest growth potential for retailers. In a January 2012 survey of 94 retailers by Retail Systems Research, it was found that 63 percent of multichannel retailers expect the online channel to account for a sharp increase in their total sales by 2015. The study, "eCommerce 2012: Back to the Future," also found "the number of retailers committed to stores as a major growth strategy declining, and the need to do a good job integrating the customer experience across all channels more and more of an imperative."
In 2011, online sales increased by 13%!
Create your own online store, leveraging your existing NCR Counterpoint Data |
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For many of you, the Fiscal Year End is right around the corner! Get prepared now, so you don't get "caught" unprepared the first day of your new fiscal year.
1. Make sure you have entered all invoices from your vendors.
2. Take a Physical Count Inventory by your year end.
3. Review your Accounts Receivables. Check balances and collect
any outstanding debt.
4. Make sure your employees' paycheck information is correct.
5. Prepare for W-2 and 1099 statements
6. Review all of your expense categories
7. Prepare a budget for next year.
8. Always back up your data before closing your year end!
9. Consult your CPA or tax advisor for any additional information that they may need.
For our CounterPoint customers, click here to download the yearend closing instructions. |
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We at Skurla's wish you and your families, friends, and businesses a warm and happy holiday season!
Sincerely,
Lynn Skurla
Skurla's POS Solutions |
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