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 your needs. 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. "This 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 Feuling. RITE's 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  "Providing 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.  Read Full Article 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. Read full article here How Retailers Can Compete With Amazon  For Holiday Shopping Dollars  With 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. Read full article here  Help your customers score a 4th quarter tax deduction touchdown! Section 179 deduction * Companies can expense up to a $500,000 deduction on new or used equipment * Take an additional write-off of 50% of the undepreciated balance of capital expenditures and depreciable property (new equipment only) View Tax Calculator Here Contact Sales for Equipment Quote! Fintech partnership Makes the RITE Supplier Integration tool work with 2500+ suppliers nationwide. Normally Fintech services cost $60 per month.  Through our partnership with them it's $50 per month for new customer sigh ups. Info from Fintech site   Cloud Retailer Hours of Operation Our standard support hours are from 8:30am-5:30pm CST Of course, as always, you can still reach us outside of our standard hours of operation for emergency support if needed. Credit Card Processing Options with Microsoft RMS When processing credit cards through Microsoft Dynamics RMS in an integrated way you have quite a few options for the credit card processing provider you choose. More info Here

Retail Information Technology Enterprises