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Many economists predict that the United States will experience a recession in 2023. But what does a recession mean for convenience stores? Here are three
As the owner-operators of over 20 convenience stores across Pennsylvania, Petrosoft has the unique understanding of what it takes to run a c-store and how
Every retailer operator looks for ways to increase their margins. Bridge buying, aka bridge orders, is one way they can accomplish this by buying stock
Whether you are new to physical inventory counts or looking for ways to complete your counts with less hassle, this checklist will ensure you have
A perpetual inventory is the most up-to-date, therefore accurate, account or view of your inventory. For c-stores it includes the following:
Each year, many organizations publish loss prevention statistics. We’ve highlighted data from the NRF and NACS on inventory shrink and spoilage for 2020.
Having to write off inventory can be and frustrating, especially if you can’t figure the root cause. Internal theft can go unnoticed for months between your inventory counts.
Inventory management is the process of organizing and managing your inventory from the day you purchase it to when it sells. This guide will discuss
As a c-store owner, inventory loss due to shrink or spoilage will impact your business, but do you know by how much? For 2020, NACS
Employee theft in the retail industry has increased drastically over the past years. Here are the 4 secrets of how to stop employee theft in
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