point of sale

(redirected from Express checkout lane)
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point of sale

Capturing data at the time and place of sale. Point of sale (POS) systems can use regular computers or specialized terminals that are combined with cash registers, barcode scanners, magnetic stripe readers and chip readers for accurately and instantly capturing the transaction.

POS systems may be online to a central computer for credit checking and inventory updating, or they may be stand-alone machines that store the daily transactions until they can be delivered or transmitted to the main computer for processing. See card reader, keyboard wedge and self checkout.


Point of Sale
Busy supermarkets would be hard pressed to keep up with the traffic if it were not for barcode readers and point of sale systems. Do we even remember the days without them? (Image courtesy of Sweda International AB.)
References in periodicals archive ?
At the booming Chenal Parkway store in wealthy west Little Rock, they've been pushing golf umbrellas for weeks, stationing them right at the entrance and at one of the express checkout lanes. At the "end caps" of the checkout lanes, one finds a Black & Decker toaster oven, a food steamer, electric skillet and a gift selection of processed cheeses.
The award winners were recognized for their aggressive coverage of all checkout opportunities in the magazine and book category, including in self-scan and express checkout lanes. The chains also outperformed their peers in terms of maintaining clean checkout displays and keeping racks uncluttered.
This unit is designed for express checkout lanes and medium-sized orders.
Five years ago more than a quarter of retailers placed soft drink displays only at their express checkout lanes. That strategy is embraced by just 1% of stores today.
BJ's enhances the conventional bare-bones warehouse format with attractive aisle markers, express checkout lanes and low-cost, video-based sales aids.
Shaw's installed two U-Scan Express checkout lanes in its Deify, N.H., store a year ago.