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Retail

Retail

Before IKEA erupted on the market in the 1980’s,  furniture and home decor was not a very dynamic  part of retailing.  Furniture was often inherited or bought only when people set up home and then kept as long as it lasted. Furniture stores often kept pieces in the showroom or

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Retail

Today’s consumers are increasingly willing to use new technologies to shop and one of the latest technologies to gain traction in retailing is chatbots. These allow consumers to access personalized shopping and customer service options in a way that is comfortable and relevant. A recent report from Publicis Groupe’s DigitasLBi found

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store of future
Retail

The recent holiday season has demonstrated that omnichannel retail is a trend that is here to stay and is growing rapidly in importance for brick-and-mortar retailers. This rising demand for a personalized and seamless experience across all channels creates additional complexities for retailers, but technology integration is the only way

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Retail

India has benefited from economic stability and regulatory reforms aimed at making it easier to do business. As the fastest-growing and third-largest global emerging market (after China and Brazil), India´s retail market is expected to reach $1.3trillion by 2020. However, India’s current tax system is staggeringly complex, forcing retailers to

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Retail

Now that the crowds have gone and the  dust has settled on the end-of-year holiday sales season — of such critical importance to retailers — what  lessons can we learn? Black Friday is no longer just one day, but rather five days spanning Thanksgiving Day to Cyber Monday, and thanks

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Retail

The answer to the headline is clearly ‘no’  — at least not initially. While shopping without having to wait in line or scan your items yourself does sound pretty cool,  checkout-free shopping like the Amazon Go store developed by Amazon faces big barriers to widespread adoption. Amazon Go, which opens in January

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Retail

Black Friday is one of the biggest shopping spikes in the year, a kick-off to the peak holiday season for retailers everywhere.  In the US, where Black Friday originated the National Retail Federation predicts a better-than-average holiday season. It predicts retail sales over November and December will increase 3.6% to $655.8 billion this year,

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Retail

One of the most critical factors for achieving success in emerging retail markets  is minimizing initial IT investment costs. This also means ensuring the framework in place is flexible and scalable enough to support company growth without running up IT costs. This blogpost, part of a series focused on specific challenges facing

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Retail

With a record number of people becoming sports and outdoors enthusiasts, sports retail is an attractive and dynamic retail space and it is expanding 3.4% annually, faster than many other sectors of retail. The major drivers of the retail sporting goods industry are growth in disposable income, governments promoting sports

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Retail

Achieving success in emerging retail markets depends on many contributing factors. One that is sometimes not given sufficient importance is the need to ensure that you have highly engaged and productive staff. This blogpost, part of a series focused on specific challenges facing retailers in emerging markets, shows how Openbravo can help

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