Retail Information Technology Enterprises (RITE) December Newsletter
eNewsletter December 2016
Make sure you have the RITE information when making business decisions.
For over 12 years we have provided Microsoft Dynamics
RMS and POS users with new and relevant information on the Retail
Industry that helps guide your interests and decisions. The world around
us is changing and we are changing right along side it to better suit
RITE Acquires Microsoft Partner Retail Technology Experts
RITE announces the acquisition of Retail Technology Experts' Microsoft Dynamics RMS point of sale software client base of over 200 retail stores in the United States.
is part of our ongoing strategy to help usher as many small and medium
retailers as we can into the next evolution of retail technology. The
need for these merchants to leverage technology as part of their
competitive strategy has never been more pressing" states RITE CEO Rick
focus on customer service means that former RTE customers will enjoy
the level of service that has contributed to RITE being the winner of
the Microsoft / Retail Realm Circle of Excellence Award for Growth for
2010, 2012, 2015 and 2016.
This continues RITE's broad
expansion as a highly awarded Microsoft Dynamics Retail Partner and
bolsters our ability to provide end-to-end retail software, hardware,
and IT services to every U.S. and international retail niche.
We are very proud of our growth trajectory, and have you our customers to thank for a large part of our successes and increasing market share of the retail technology space!
Federal Judge Halts Implementation of New Overtime Regulations
some relief to retailers and small business owners, Federal District
Judge Amos L. Mazzant III of the Eastern District of Texas has issued a
nationwide injunction against the expansion of the new overtime
regulations created by the Obama administration.
Retailers Ready And Waiting For Credit Cards To Catch Up With EMV Capabilities
It seems that retailers are not the ones holding up the transition
to EMV, at least not completely. A new National Retail Foundation
Survey has found that among retailers that have yet to support EMV
chip-enabled credit and debit card payments, 57 percent reported that
they already installed the necessary equipment, but were still waiting
for certification by the card networks.
Black Friday already behind us, the Holiday shopping season is in full
swing. This year, a new report finds, almost half of consumers (46
percent) will use Amazon for their holiday shopping needs, and 43
percent will buy half their gifts from the online giant. The good news
is that retailers can still compete with Amazon: consumers will buy
elsewhere due to better prices (65 percent), special offers (46
percent), and similar or faster delivery times (29 percent). Easier
access to store inventory (23 percent) and exclusive or unique products
(22 percent) can also help draw customers to physical stores.