The grocery market is facing several new trends: New and nontraditional competitors, razor-thin profit margins and disruptive events are but a few dynamics that are reshaping the grocery landscape. To satisfy customers and establish new revenue streams, grocers are seeking new ways to compete effectively in this ever-changing environment.
Many grocery chains are closely reviewing their operational costs to discover new opportunities to increase efficiencies and reduce costs. One area often overlooked is the handling of cash. Today, many grocery stores continue to use the same cash management practices that have been in place for decades. Yet, by streamlining cash handling processes and making investments in cash automation technology, grocery retailers can reap significant benefits via better usage of labor, greater transparency and visibility to their cash, and reduction in third party fees.
Tidel systems help grocery stores automate cash handling processes, while promoting an environment based on greater accuracy, accountability, and transparency.
Our systems help stores make better usage of their labor, reduce third party banking and CIT fees, and minimize the float needed to run store’s day to day business.
Above all, our systems foster an environment based on greater operational efficiency and security, giving stores a better way forward to compete in today’s highly competitive marketplace.
Schedule a Demo >
November 28, 2022 Are Coins Here to Stay? Cash Management Systems Cash Recyclers Smart Safes Convenience Stores and Gas Stations Grocery Other Retail Quick Serve Restaurants Specialty RetailMany governments have been discussing the future of...
November 14, 2022 Exploring theDevelopments inSelf-checkout Technology Cash Management Systems Cash Recyclers Smart Safes GrocerySelf-checkout technology is a new way for retailers to make the shopping experience easier and more convenient for...
Minimum Wage Pressures and a Tight Labor Market are Driving the Need for Automation at the Retail Level
Jul 16, 2019 Minimum Wage Pressures and a Tight Labor Market are Driving the Need for Automation at the Retail Level Amusement Parks Cash Management Systems Cash Recyclers Grocery Other Retail Quick Serve Restaurants Smart SafesAccording to the...
To learn more about the Tidel cash management solutions that have been deployed in the grocery industry, select the following.
Need to get a better handle on your grocery store’s cash environment?
Email us at [email protected] or complete the below form.