On April 1, the Canadian federal government raised excise tax on alcohol by 6.3%, due to legislation passed in 2017, which automatically raises excise tax rates annually by the rate of inflation.
What this means: beer, wine, and spirits will cost more.
What this also means: liquor store staff will have to manually replace hundreds to thousands of paper tags to reflect this price change, which can take many hours or even days to complete.
But with electronic shelf labels, this process is fast and simple.
ESLs completely digitize the price update process.
They can change the price of everything in seconds with zero errors.
Canadian liquor stores need to invest in a good ESL system, like Smart Label Solutions™’, to prepare for and deal with the 2024 alcohol excise tax rate increase.
Why choose Smart Label Solutions™ as your ESL solution provider and partner
Smart Label Solutions™ is a solution driven, service minded company, and a world leading e-paper application provider with over 32 years of experience and excellence in the label industry. We’ve worked with some of the world’s largest retailers, and as a people-first company, we build trusting partnerships with our clients. Our electronic shelf label solution is tailored to suit your individual store scenario.
Get in touch with SLS today to get started with electronic shelf labels.
