We have been working with retailers for over 30 years. In the recent past, we have seen the emergence of the ‘Amazons’ and how they have taken market share away from traditional retailers, who are now hurting.
The traditional retail business model needs to change. It was developed in the 1970s and was extremely category/product centric. Driven by the then-modern techniques of ‘merchandising’, it blossomed and succeeded in creating the national chains we all know today. But it is no longer competitive.
itim Group plc (LON:ITIM) is a SaaS-based technology company that enables store-based retailers to optimise their businesses to improve financial performance and effectively compete with online competitors.