This is a strategy that businesses implement to build loyalty and forge long-term relationships with customers. Relationship Retailing can come in the form of loyalty programs, personalized experience [..]

This term refers to the practice of selling only to a specific market segment. In other words, if you’re a niche retailer, you specialize in a particular type of product (or sometimes a few closely re [..]

Hardware Payments Feature Checklist Getting Started Why Vend? FAQs About About Us Careers Media Blog Contact Us Do more with Vend Vend U Retail resources & training Vend Experts Certified experts [..]

Also known as “draw tenant”, “anchor tenant”, or “key tenant”, an anchor store is one of the largest—if not the largest—store in a mall or shopping center. It’s usually a well-known department store o [..]

Its name pretty much says it all. A big box store is a huge square or rectangular shaped establishment, usually part of a major retail chain. Examples of such stores include Target, Home Depot, and Be [..]

This refers to sets of data so massive, it would take sophisticated programs and really smart data scientists to make sense of it all. When you’re dealing with Big Data, you’re not just looking at tra [..]

This is the main checkout area of a retail store. In other words, this is where shoppers head to when they’re ready to pay for their items. It’s where merchants set up their POS system and ring up sal [..]

This is a service wherein retailers enable shoppers to purchase items online and pick them up in their physical stores. Like Bricks and Clicks, Click and Collect stores put the best of two channels (e [..]

This refers to the practice of displaying or putting together products from different categories to drive add-on sales. Picture this: You’re at the grocery store browsing the liquor section when you s [..]

This refers to an arrangement between a retailer and a manufacturer/distributor in which the former transfers customer orders to the latter, who then ships the merchandise directly to the consumer. In [..]