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Retail Trends

Faster Checkout Makes for Happier Customers
Retail Trends

Despite the mounting pressure for retailers to improve their shopping experience, many retailers are still struggling to adapt. Nevertheless, this poses an immense opportunity for retailers who want to differentiate themselves from the competition by leveraging technology to better handle peak times and lower transaction time. Whether you are making a

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H&M Store in Hong Kong
FashionindustriesRetail Trends

When  we talk to retailers about what its top of their “wish list”,  real-time inventory visibility is one of the things they most often mention. Without it, it’s not possible to support omnichannel scenarios, of course. But beyond that, it’s not about just gaining real-time inventory visibility  it’s also about

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Sustainable Fashion
FashionOtherRetail Trends

Fashion has increasingly come under fire over its environmental impact, including carbon footprint and textile waste. The pressure for fashion retailers to do something about it has also increased. Last week, the Environmental Audit Committee in the UK launched an investigation into the social and environmental impact of disposable ‘fast fashion’ and the wider clothing industry. Retailers

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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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iStock-491750828_SMALL
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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