Apple’s iPad is increasingly currying favor with retailers for its ability to work as a mobile and relatively affordable point-of-sale (POS) device. But now new figures suggest that the tablet is even helping merchants to attain bigger revenues.
With the iPad tipped to phase out of the cash register over the next year, it came to little surprise when iPad point-of-sale provider ShopKeep reported some strong sales figures from its clients recently.
The firm said that its merchants experienced a 17% in total sales in January over the same store sales from a year earlier.
In particular, the firm noted that speciality food stores “led the way” with a year-on-year sales increase of 45%, followed by quick serve restaurants with 31% and coffee shop with 23%.
However, the New York-based company did explain in a blog post that “it’s not just ShopKeep POS merchants experiencing this growth” with the firm citing a Wall Street Journal article highlighting growth for chain retailers Macy’s (up 12% YoY) and Kohl’s (up by 13% YoY).
ShopKeep CEO Jason Richelson spoke on different app strategies at the TabletBiz conference in November and the firm has had a busy time since, raising $10 million in venture funding at the back of last year before releasing a version of its point-of-sale software for the iPad mini just last month.