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Various industries have embraced the use of cloud POS, making legacy point of sale solutions all but obsolete. Cloud POS trends are booming, with nearly 28% of retailers planning to adopt this technology to shape the future of their sales operations and improve consumer satisfaction. billion by 2028, registering a CAGR of 24.5%
The c-store industry is expected to grow at about a 5% compounded annual growth rate from 2022 through 2028. OmnichannelSales . Keep in mind that, while using multiple channels of sales is optimal for revenue, it requires a robust point of sale and inventory management system.
Global sales in 2024 are at $1.046 trillion US dollars, and forecast to grow by $130 billion to $1.176 trillion by 2028. In a survey of 10,045 consumers, 95% said their ‘most used electronic device’ was their smartphone, and sales account for half of the trillion dollars revenue in 2024. .
As a result, CVS has invested heavily in bringing new digital touch points into stores to create advertising opportunities for CMX advertising partners, from digital displays and endcaps to in-store radio. Andrew Lipsman, Founder and Chief Analyst of the consultancy Media, Ads + Commerce, calls physical stores the next major media channel.
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