January 30, 2003, 12:00 AM

New POS terminals = growing web access in stores

LakeWest Group’s annual survey of POS technology: Whither the web?

The proportion of specialty retailers with access to the web from point-of-sale terminals has doubled in the past year, according to the latest POS Benchmarking Survey from Cleveland-based consultants LakeWest Group Ltd. Today, 55% of specialty chains have web access from the point of sale, up from 27% a year ago. Adoption of web-based POS terminals will continue its rapid spread, LakeWest projects, with 56% of chains without web access reporting they plan to web enable their POS terminals within two years. Only 19% reported no plans to implement such technology, down from 35% a year ago.

The movement toward web-enabled POS is clearly the result of the upgrade of POS systems within the past few years. 55% of POS hardware is less than four years old. Here’s how LakeWest reports the market breakdown:

 

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Don Davis / E-Commerce

Alibaba and Amazon: then and now

The two e-commerce giants increasingly cross paths as they expand. Will they become arch-rivals, or ...

FPO

Ken Burke / B2B E-Commerce

Thriving in the brave new world of B2B

As executives at manufacturers, wholesalers and distributors map out their e-commerce investments, they have many ...

Advertisement