News & Events

Americans have come up with a seemingly endless number of ways to celebrate the year-end holidays. Festive dinners and gift exchanges demonstrate clear revenue opportunities to for businesses such as grocery stores and retailers. However, the growing popularity of so-called "ugly sweater parties" has lead many people to spend the holiday shopping season flocking to thrift stores and other establishments that offer second-hand clothing. In preparation for this increase in activity, store owners can invest in advanced cash counter machines to increase the efficiency of backroom processes.

​According to WDAY, an ABC news affiliate based in Fargo, N.D., the act of gifting hand-knit sweaters during the holidays was once a loathed tradition among many households. However, the station said ugly holiday sweaters have turned into a cultural phenomenon. For instance, Fargo's Red River Valley Fairgrounds now hosts an annual a 5-kilometer Ugly Sweater Run for residents. Workplaces around the nation now hold office parties centered around the theme of wearing the kind of sweater a grandmother might gift for Christmas.

Because of the growing popularity of this trend, many consumers now include visits to thrift stores on their holiday shopping errands. The Bellingham Herald, a newspaper based in Bellingham, Wash., said the clothing racks at local many local businesses are now prone to sell out during December.

Used clothing stores often depend heavily on cash payments. As a result, the owners of these establishments may want to consider investing in advanced money counter technology to make it easier to count cash at the end of the day. Generating an especially large portion of yearly revenue during one season can create complications for small and medium-sized businesses. For example, it can be hard to accurately count large sums of money in a timely manner. With a cash counter, businesses can significantly reduce the operational costs associated with backroom processes.