CitiXsys Completes $60M Financing with Goldman Sachs

New York, November 7, 2019 – CitiXsys today announced that it has closed a $60 million financing transaction, led by Goldman Sachs Merchant Banking Division (MBD). CitiXsys, with its software platform iVend Retail, is a leading provider of integrated omnichannel solutions for the retail and…

Our 5 Favorite Omnichannel Retail Best Practices

Retailers are juggling so many channels that it is turning into a circus act of trying to please everyone all the time. The channel-centric approach is expensive, difficult to achieve, and in many cases, only puts you on par with the competition, not above and…

4 Must Have Retail POS Features

A retail business has a lot of moving parts. Literally. Customers are moving in and out of the store and, ideally, inventory is moving too. Maintaining retail profitability isn’t easy, but it can be more manageable when you can motivate customers to come back to…

iVend Retail 6.6 Delivers New & Enhanced Integrations

Siloed software has proven a detriment to the entire retail enterprise, eclipsing important benefits that reduce costs and improve omnichannel capabilities. iVend Retail 6.6 integrates seamlessly with leading ERP and other common customer facing solutions to help retailers readily meet customer expectations and deliver omnichannel…

Make it Fast or Lose Customers in the Checkout Line

Waiting in long a checkout line may be a thing of the past as shopper impatience is driving retailers to provide faster checkout experiences. Customers like speed and flexibility when checking out, and younger shoppers, especially, expect to use modern checkout conveniences like contactless payment…

How to Build a Flourishing Retail Ecosystem

Retail is advancing to better serve the customers’ expectations for an efficient, fulfilling shopping experience in an omnichannel retail ecosystem. Technology is a big driver of this advancement, allowing retailers to stay abreast of quickly changing consumer tastes, preferences, and expectations. To keep up with…

iVend 6.6 – Our Greatest Release Ever

With consumer demand for instant gratification, including 24/7 service, product and pricing information at the ready, same or next day delivery, and access to the latest trends, the speed of retail must constantly be accelerated. iVend 6.6 is the latest release designed for fast performance,…

9 Benefits of Mobile Technology in Retail

When sales associates aren’t tied to the cash register, they are free to deliver the personalised in-store shopping experiences that customers expect. And expectations are growing. Our 2019 shopper report shows that more than 84 per cent of shoppers look for a sales associate with…

Using Retail Markdowns for Optimal Inventory Performance

Inventory is a retailer’s most significant investment, and knowing how to manage inventory effectively is a key to success. You want to maintain adequate supply to meet customer demand, so you’re not turning away disappointed shoppers and losing sales because of outages. But you also…

4 Ways to Manage Your Inventory with iVend Retail

Retail inventory management is more than just counting up how many units of each product you have in stock. It’s the art of finding the right balance: of having adequate product supply to meet customer demand, without having an excess of slow-moving items taking up…