Hill said the ability to drill down into real-time point-of-sale (POS) data to make informed decisions and receive early warnings about stock-outs, promotion effectiveness, sales velocity, and external demand drivers means retailers can quickly adapt plans to enhance performance.

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Now, Nordstrom, the Seattle-based fashion and beauty retailer offering apparel, shoes, makeup and other beauty products, is rolling out mobile point-of-sale (POS) devices throughout their full-line stores, as well as in some of their Nordstrom Rack stores.

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Looking at Point-of-Sale (POS) data gives a rear-view mirror view of what consumers want and have bought.

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Point-of-Sale (POS) mobile payments where a smart phone becomes the authentication device to complete a transaction at checkout.

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That first computerized register, known as a point-of-sale, or POS, system, wasn't hooked into the Internet.

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As Jacobson points out, the mobile commerce ecosystem includes payment processing network companies such as Mastercard (MA), Visa (V) and American Express (AXP) as well as point-of sale (POS) equipment companies like VeriFone (PAY) and NCR Corp. (NCR), which should help alleviate privacy and security concerns.

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Breadcrumb POS, which is the official name of yesterday's leaked point-of-sale iPad app, is now officially available, bringing a simple interface and a handful of financial incentives.

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