In this blog post, we will cover the retail store equipment you’ll need in order to open your own retail store. Acquiring said equipment is no simple task, but that’s what we’re here for.
Read on to learn exactly what you need and why a well-equipped, clean, connected, and easy-to-manage store sets you, your staff, and your business up for success.
💡 Key Takeaways:
- Choose durable, reliable retail tools that integrate with your existing systems for long-term success.
- Consider your budget and needs to decide between the latest tech or cost-effective, used options.
- Choosing the right POS system is a surefire way to get your new retail business off to a good start.
What is Retail Store Equipment?
Retail store equipment encompasses the tools, technology, and physical setups essential for operating a retail business. This includes everything from point-of-sale (POS) systems and display fixtures to shelving, lighting, and technology that enhance the customer experience.
In 2024, retail sales soared to $7.24 trillion, highlighting a massive opportunity in the sector. Investing in the right equipment is essential for businesses, whether launching a new store or upgrading an existing one.
Must-Have Retail Store Equipment
Outfitting your store with the right equipment is critical to running a smooth, profitable store. Whether you’re launching or upgrading, use our list of the 8 most important pieces of equipment to set your retail store up for success.
1. Sales Supplies
Sales supplies like size labels, hangers, and price tags keep your store organized and shopping easier.
❗ Pro Tip:
Order supplies in bulk to save costs and prevent mid-season shortages.
2. Safety Equipment
Every retail store must have basic safety gear, such as fire extinguishers, first aid kits, and smoke alarms. To stay compliant, check expiration dates and conduct regular safety audits.
3. Retail POS System
Your retail POS system is the heart of your retail operations, managing sales, inventory, and customer data. Your system can range from desktop solutions to small mobile tablets and more.
➥ Tablets
Use mobile tablets to process sales from anywhere on the floor, especially during busy times. This allows you to speed up the customer checkout process and avoid long lines that could frustrate customers.
➥ Receipt printers
Reliable receipt printers help speed up checkout and reinforce your brand with custom-printed receipts. Always keep extra rolls of receipt paper on hand to avoid downtime.
➥ Ticket and inventory scanners
Scanners make inventory management and ticketing faster and more accurate. Invest in wireless, lightweight models that won’t slow down your team.
➥ Credit card readers
Modern card readers and credit card machines must accept chip, swipe, and tap payments to meet customer expectations. Look for readers with built-in fraud protection and fast transaction speeds.
➥ Terminals and cash drawers
Terminals and cash drawers are essential for safe, organized cash handling at checkout. Even if you’re mostly digital, always be ready for cash-paying customers.
➥ Other hardware
Other essential hardware includes barcode printers, weighing scales, or a self-checkout system. Choose devices that integrate easily with your existing POS system.
❗ Pro Tip:
Choose a cloud-based POS system like KORONA POS that scales easily as your business grows.
4. Retail Display And Fixtures
Your displays and fixtures directly influence how customers navigate and interact with your products. The type of merchandising displays you need depends on the product you sell, the size of your space, and your budget.
Update retail layouts regularly to keep the shopping experience fresh and engaging.
5. Retail Back Office Supplies
A functional back office keeps daily operations running smoothly, from inventory management to HR paperwork. Equip your workspace with computers, filing systems, and reliable Wi-Fi.
6. Retail Lighting, Colors, Furniture, And Signs
Lighting, colors, and furniture create the mood that shapes your customer’s shopping experience. Use warm lighting, brand-matching colors, and stylish furniture to improve foot traffic and make shoppers stay longer.
7. Security Supplies
Security equipment like cameras, mirrors, and alarm systems protects your store against theft and builds shopper trust. Make sure your setup is visible enough to deter potential thefts.
8. Retail Marketing Materials
Effective marketing materials like window signage, in-store posters, and loyalty program displays keep customers engaged and informed. Refresh your marketing visuals at least every quarter to maintain interest.
Schedule a KORONA POS Demo Today
Speak with a product specialist and learn how KORONA POS can power your business needs.
How Much Does Retail Store Equipment Cost?
The cost of setting up your store can vary widely based on your size, industry, and location. Here’s a quick breakdown:
- Retail fixtures: $5,000–$15,000
- POS system: $1,000–$5,000+
- Security systems: $1,000–$3,000
- Signage and decor: $500–$5,000
- Back office supplies: $500–$2,000
What to Consider Before Purchasing Retail Store Equipment?
You should always consider quality, compatibility with your POS system, and supplier reputation before making a purchase. That’s because choosing the right retail equipment is about finding the best long-term fit for your business.
1. Quality
Prioritize durable, well-made equipment that can handle heavy daily use without constant repairs. Investing in quality saves you time, money, and customer headaches down the line.
quality Checklist:
Here’s what to look for when assessing quality of your equipment:
☑️ Heavy-duty construction
☑️ Trusted brand
☑️ Warranty coverage
☑️ Positive customer reviews
2. Compatibility
Ensure any new equipment integrates easily with your existing systems, like your POS software or inventory tools. Compatibility ensures everything runs smoothly, meaning you avoid expensive workarounds later.
Compatibility Checklist:
Here’s what to look for when assessing how compatible your retail equipment is:
☑️ Works with your POS system
☑️ Syncs with inventory and CRM tools
☑️ Simple setup and installation
3. Supplier Reputation
Buy from trusted suppliers with strong reviews and reliable customer support. A reputable vendor can make a big difference if you ever need repairs, upgrades, or troubleshooting help.
Supplier Reputation Checklist:
Here’s what to look for when assessing how reputable your equipment supplier is:
☑️ Verified customer testimonials
☑️ Responsive support team
☑️ Clear return or replacement policies
Should You Buy New or Used Retail Store Equipment?
Deciding between new or used retail equipment depends on your budget, goals, and timeline. Here’s a quick breakdown to help you choose the best option for your store.
✨ New
Pros | Cons |
Latest technology and features | Higher upfront cost |
Warranty and tech support included | Depreciates quickly |
Longer lifespan and reliability | May require training on new systems |
🛠️ Old (Used)
Pros | Cons |
Lower initial investment | Shorter lifespan |
Immediate availability | Limited or no warranty |
Great for temporary or pop-up setups | Risk of hidden damage or outdated features |
Why KORONA POS Is Built for Modern Retail Success
KORONA POS is designed to help retailers increase efficiency and drive growth. It’s packed with cutting-edge features to optimize your store for the modern retail landscape.
💡 Feature #1: Integrated POS Hardware
KORONA POS offers a variety of high-quality POS hardware for quick, reliable transactions. Whether it’s your register, barcode scanners, or receipt printers, everything integrates perfectly for smooth operations.
📊 Feature #2: Advanced Inventory Management
KORONA POS’s retail POS features help you manage your stock easily, using real-time tracking and automatic restocking alerts. Retailers can quickly access detailed reports on inventory levels, trends, and sales patterns.
🔍 Feature #3: Detailed Sales Analytics
Use KORONA POS software to unlock in-depth sales insights to optimize pricing, promotions, and customer targeting. With real-time reporting and customizable dashboards, you can easily track performance and make informed business decisions.
Get started with KORONA POS today!
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Investing in the Right Retail Equipment
If you’re early in your journey to becoming a retailer, obtaining the proper equipment is a critical step toward building a steady foundation.
Once your equipment is locked in, you can consider other factors, such as how to manage a retail store, or optimize your retail environment to enhance the customer experience. orDiscover how KORONA POS is the vital piece of retail equipment that can propel your new retail business to success.
