Agilence Blog.

How Retailers can Uncover Operational Shrink Impacting Profit Margins

  • Eric Miller
  • 08.29.2019
  • Blog
Operational shrink, including losses caused by systemic issues and poor promotion execution, is more common and costly than fraud. However, many loss prevention solutions are unable to identify these hidden issues, and as a result, retailers do not realize the full extent of losses taking place ...


READ MORE

Agilence Receives Strategic Growth Financing From Accel-KKR Credit ...

  • Brian Donnelly
  • 08.20.2019
  • Blog
MOUNT LAUREL, N.J., August 20, 2019 (Newswire.com) - ​​​​Agilence, Inc., the leading provider of data analytics & reporting solutions to the retail and restaurant industries, today announced a debt investment from Accel-KKR Credit Partners, a fund managed by leading, technology-focused investment ...


READ MORE

Calculating Total Cost of Ownership for Data Analytics

  • Brian Donnelly
  • 08.15.2019
  • Blog
Most companies are incredibly attentive to the hard costs of a data analytics & reporting investment, i.e., per-user license fees, staffing/training needs, product support costs, etc., but many business leaders often fail to consider secondary expenses or resource dependencies. With a solution as ...


READ MORE

Improving Drive-Thru Speed of Service

  • Patrick McPartlin
  • 08.08.2019
  • Blog
In the fast casual and quick service restaurant industries, finding ways to increase your restaurant’s speed of service while also providing quality service may seem like a never ending goal. The emphasis on its importance however, is for good reason. Speed of service plays a large part in the ...


READ MORE

Tips for Creating an Enterprise-Wide Data Strategy

  • Derek Rodner
  • 07.25.2019
  • Blog
A business’ performance and competitive capacity depends largely on how successful they are in managing their data. Having a data strategy which encompasses how data is handled at each and every point of interaction helps to provide assurance that all data being used to make important business ...


READ MORE

Is your Convenience Store Reaping the Benefits of a Strong Summer?

  • Shawn Wood
  • 07.18.2019
  • Blog
Unlike the winter months when people tend to avoid leaving their homes, summer is the time to travel. This summer, gas prices are low giving people a reason to hop in their car for long road trips or a short weekend beach getaway. In the summer, C-stores become more than just a fuel stop but the ...


READ MORE

How to Spot and Stop Retail Employee Theft

  • Pedro Ramos
  • 07.11.2019
  • Blog
Unfortunately, there’s no denying that employee theft is a reality of retail operations.  Employee theft, also known as internal theft, occurs when employees steal from the organization where they’re employed.  According to the 2018 National Retail Security Survey, approximately 33.2% of inventory ...


READ MORE

CBD in Convenience Stores: How Cannabis Products are Transforming ...

  • Eric Miller
  • 06.27.2019
  • Blog
For a natural remedy cultivated to combat anxiety, the cannabidiol (CBD) industry hasn’t been causing much calm for convenience store operators. The opportunity presented by the burgeoning cannabis industry is whipping up a FOMO (fear of missing out) fervor that’s led to major brands like Kwik Trip ...


READ MORE

Horror Stories or Secret Sauce: What are Ghost Restaurants?

  • Brian Donnelly
  • 06.20.2019
  • Blog
As restaurant delivery becomes more popular than ever, restauranteurs are beginning to abandon the traditional brick-and-mortar restaurant in favor of something new and innovative.  Virtual kitchens, also known as ghost restaurants, are foodservice establishments without storefronts that focus ...


READ MORE

Are Overlapping Categories Reinventing the Convenience Model?

  • Shawn Wood
  • 06.13.2019
  • Blog
Whether chasing core categories like tobacco and alcohol or streamlining the customer experience by eliminating the checkout line, cross-channel competitors are reinventing what it means to be “convenient” and putting the heat on c-stores.  As dollar stores, restaurants, pharmacies, and retailers ...


READ MORE