Small businesses are interested in digitizing or further digitizing all aspects of their businesses, including bookkeeping and payments (53%), inventory management (51%) and customer service (42%).

By embracing digital technology, small businesses can not only survive but also thrive. Sources: 1. US Census Bureau, 2024 2. NAM Insights: Powering Prosperity, 2024 3.

“In coming decades, I envision a global economy in which every small business, regardless of size or location, has the tools to thrive in the digital age,” says Prokop.

The digital shelf tags will appear on shelves at 2,300 stores by 2026, said Greg Cathey, senior vice president of transformation and innovation at Walmart, which operates 4,700 U.S. stores.

The days of placing a point-of-sale terminal on a small business’s countertop and calling it enough have long passed. Now, as these merchants—defined as having less than $1 million in annual ...