Embracing Automated Cash Control

More convenience store operators are phasing out their drop safes and replacing them with sophisticated cash management systems that perform a variety of functions more easily and quickly than ever before. One of those is the linking of computer networks for easier access to information throughout the organization. In doing so, cash shrinkage due to

Lykins Enterprises Files For Chapter 11

Lykins Enterprises Inc., based in Maysville, Ky., and three of its related companies filed voluntary petitions to reorganize under Chapter 11 of the U.S. Bankruptcy code on Jan. 29, 2010, according to David Lykins, CEO and founder of the business, The Ledger Independent reported. Lykins Enterprises sells fuel on a wholesale basis to customers in

Safe at the Store

The times necessitate that store systems do more–and few store systems are more crucial to a retailer’s success than cash handling and security. While retail technology has focused on point-of-sale (POS) systems that integrate everything from transaction accounting to inventory management, one of the most recent areas of opportunity involves the integration of cash handling

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