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Retail Trends

Retail Trends

Mobile payments are gaining traction around the world using different technologies, and retailers will increasingly want to offer the latest payment options. But what is the best way to do that, exactly? While mobile payments may seem a niche payment option for most consumers, there is no doubt that they

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Retail Trends

Consumers often assume that the more choice, the better. Having “hyperchoice” at the click of a mouse is seen as one of the big advantages of shopping online over shopping in a physical store. And it has caused physical retailers to adopt “endless aisle” strategies in a bid to compete

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Retail Trends

Brick-and-mortar retailers must feel they are having to run as fast as they can just to stand still. According to the Retail Bay Report 2018, between 2012 and 2017, the sales from physical stores in the UK rose by 11.1% in value. However, 95 percent of that increase was eaten

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Retail Trends

Predicting demand for products and optimizing inventory have never been simple tasks for retailers. But they have become much tougher in today’s omnichannel era, characterizedy by more frequent product introductions and more volatile demand patterns. That’s why its essential to employ better forecasting tools if you want to achieve fewer

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Retail Trends

Shoppers usually walk into the store with some idea of what they need. So why do they often walk out of the store empty-handed? According to recent research published on Retail Touch Points, the are are four main reasons for shoppers leaving the store without buying anything: they couldn’t find the

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Retail Trends

The mobile point of sale (mPOS) is fast becoming an indispensible tool in retail today.  A recent study by research firm IHL shows that US retailers using mPOS technologies achieved a 24% average increase in sales during 2017, compared to those that didn’t. In fact, the research indicates that mobility is

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Retail Trends

We read a lot about the Retail Apocalypse but it is clear to Openbravo that physical stores are never going to disappear. Indeed, they will play an essential role in enabling the offline and online worlds fuse together around the concept of “bricks and clicks” retailing. It is obvious to

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Retail Trends

Irrespective of the sector you are in, it is clear retailing has become a lot more  complex than it was a few years ago. Openbravo believes that a single cloud-based commerce platform is the best way to ensure that this complexity does not hinder business agility and your ability to

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AnnouncementsRetail Trends

It’s notoriously difficult to get demand planning right in the fast-moving fashion retailing. Customers’ tastes change and so does the weather! So, I imagine that even rivals to Swedish giant H&M must have some sympathy when it admitted that its unsold inventory had grown 7% in the past year to

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Retail Trends

Data privacy is a hot topic particularly after Facebook’s shock admission that it had improperly shared information on up to 87m users. And it’s going to get hotter, especially in Europe, where a new piece of legislation, the General Data Protection Regulation, comes in to effect on May 25. It

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