Every retailer knows that being able to accurately forecast demand for products is a key capability if they want to optimize inventory levels, reduce costs and, equally importantly, keep customers satisfied by ensuring the products they want to buy are available. In the omnichannel era, customers are less tolerant of
Retailers that have not yet embraced eCommerce within a coherent omnichannel strategy cannot afford to wait any longer. That’s because as more retail revenue shifts online, a strategy based predominantly on selling through brick-and-mortar stores becomes more difficult to justify, not least because online is where the growth lies. Primark,
Is your current POS system pulling its weight? With customers expectations higher than ever, your POS system needs to work much harder, whether its handling transactions, empowering your associates to do their job better or supporting new omnichannel scenarios. But according to a RIS report, 43% of retailers say their
Trading conditions for brick-and-mortar retail are tough, we are often told. But JD Sports, the UK sportswear retailer, has bucked the trend by reporting impressive results with like-for-like sales for physical and online channels combined increasing more than 5%. Stripping out eCommerce, like-for-like sales in JD Sports stores still increased, albeit
IT managers in retail businesses are overwhelmingly in favor of a cloud-based platform as it enables them to implement new technologies faster. A massive 98% of IT managers think the IT function is the department within a retail organization that benefits most from adopting the cloud, according to RSR Research.
The series of bankruptcies involving major retail brands continues with the news that Diesel USA has filed for bankruptcy protection. Some may see the demise of Diesel and of so many other once high-flying retailers as further evidence that the High Street is doomed. But the reality is more complex. In
The decline in cash transactions provides obvious benefits for retailers, not least by reducing the time your associates spend each day counting cash and the potential for theft and errors. But the growth of digital payments raises broader issues about tomorrow’s cashless society that are only now beginning to be
Dubai is is at the heart of the Middle East’s dynamic retail sector and its reputation for retail innovation is well deserved. So we were not suprised when our colleagues in the new Openbravo office in Dubai told us about an ambitious project that is now taking shape in Dubai to build Sport
Cards have long dominated retail spending by value as very few consumers expect to pay for big-ticket items in cash. Nowadays, many more shoppers expect to be able to use cards for low-value purchases as well, so the share of transactions taken by non-cash payments is now growing rapidly. According
Remember barcodes? They are still in widespread use, of course, but QR codes have emerged as a more powerful and versatile alternative with a wide range of applications in retail. Because of their growing popularity, the latest release (RR18Q4) of Openbravo Commerce Cloud supports the printing of QR codes on point-of-sale printers.