— By Robert Harling — Innovative loss prevention technologies and strategies. The safety and security of shoppers and employees are at the top of the list of priorities for retail executives. Open and inviting stores where customers can shop without concern and employees are assured of their safety is not a new goal for retailers. As incidents of retail theft and in-store violence rise, retailers must adapt with effective strategies and advanced technologies to ensure a safe shopping environment. The National Retail Federation reported a 19.3% increase in retail shrink, …
vendors
Bentonville, Ark. — Nuqleous, a leader in B2B SaaS solutions specializing in big data, retail analytics and space planning optimization, has been included on the prestigious 2024 Inc. 5000 list of America’s fastest-growing private companies. For the fourth consecutive year, Nuqleous’s dedication to driving retail excellence and operational efficiency has earned it the rank of No. 3,822 overall, and within the top 500 in the software category. “Being recognized on the Inc. 5000 list for 4 years running reflects the hard work and dedication of our team and is a …
— By Samuel Hammers — Why it’s important for retailers and restaurants to strengthen their power management. Summer is the season for relaxation, but it can be a stressful time for retailers and restaurant owners looking to keep the lights on. Electrical disruptions, which tend to be more common during the summer, have potential to bring down critical systems such as HVACs and push customers to seek out greener (or cooler) pastures. A power surge could also take down POS systems and leave a facility unable to process transactions. Power …
— By Mani Kulasooriya — How e-commerce can help restaurants fight rising costs and challenges. Restaurant operators are often running an uphill marathon. From hiring and schedules to inventory management and food ordering, back-end operations can present neverending challenges. To make matters worse, according to the National Restaurant Association’s “2024 State of the Restaurant Industry” report, 97% of operators now cite rising food and labor costs as pressing issues. Fortunately, foodservice has entered a new leg of the race. E-commerce is emerging as a secret weapon to streamline operations and …
Richardson, Texas — ENTOUCH, a leader in energy management and smart building technology, has expanded its demand response program in partnership with 24 Hour Fitness, the 40-year leader in health and fitness. This milestone highlights the effectiveness of ENTOUCH’s cutting-edge solutions in reducing energy usage, driving profitability and supporting sustainability initiatives for multisite operators. In 2023, 24 Hour Fitness implemented ENTOUCH’s demand response program across an initial 100 locations in California and Texas. The initiative proved highly successful, saving 35 MW of energy and significantly contributing to the reduction of …
— By Savneet Singh — How cutting-edge tech helped Hooters of America upgrade its dining experience. Americans love experiences, with the majority (61%) of Gen Z and Millenials choosing to invest in them, according to Experian, over retirement savings. And with all the money they’re spending, they anticipate outstanding outcomes — especially when it comes to dining. Competition in this sector is fierce, with seemingly endless options for the 9 in 10 customers who enjoy going out to eat, per a February 2024 report by the National Restaurant Association. The …
— By Jack Child — How to choose a contractor for your parking lot striping project. Your parking lot is your welcome mat for your business. Maybe the lines are getting pretty faded. Or, maybe you’ve been tagged with a violation from the city or Fire Marshal for a code violation for improper or inadequate pavement markings. Poor or improper markings are a legal liability that should not be overlooked. It’s time to get new paint on the ground. Who do you call? The following is for those who really …
Shelton, Conn. — Budderfly, a preferred sustainability partner for commercial businesses with repeatable footprints, has acquired a grid-edge distributed energy resource management system (DERMS) from Sunverge Energy. Former Sunverge employees with decades of DERMS and energy market experience will join Budderfly’s growing team of almost 400 employees. Using Sunverge’s technology, Budderfly can aggregate distributed energy resources (DERS) across its sites, positioning it to create virtual power plants (VPPs) capable of providing flexibility to the grid, increasing resiliency for customers and growing new revenue streams. With greater control over its energy …
— By Lindsey Walker — Why asset tracking software is good for your restaurant business. Operating a foodservice or restaurant business involves managing various appliances, each essential for daily tasks like cooking and refrigeration. Integrating these appliances into a system that gathers data for decision-making can be time-consuming. The Internet of Things (IoT) offers a solution by utilizing appliance data to optimize property management and enhance business performance with real-time insights. From ensuring customer satisfaction to maintaining quality standards, running a restaurant or café requires careful attention to detail to …
Vixxo Acquires Third-Party Vendor Managed Site Maintenance Business from Cushman & Wakefield
Scottsdale, Ariz. — Vixxo, a market-leading, tech-enabled facilities maintenance company, is expanding its platform with the acquisition of Cushman & Wakefield’s third-party multi-site vendor managed site maintenance business (CWFS), formerly known as Quality Solutions, Inc. (QSI), based in Wichita, Kan. This transaction expands Vixxo’s presence and capabilities in the facilities maintenance industry and marks a significant milestone in its expansion strategy. “This is a pivotal milestone for Vixxo as we execute our vision of perfecting facility operations for the world’s best brands,” says Jim Reavey, president and CEO of Vixxo. …