#USA #Boston #Omnichannel #NewStore #SAP Store

NewStore Launches Unified Commerce Platform on SAP Store

In a significant development for the retail industry, NewStore has announced that its scalable unified commerce platform is now accessible on the SAP® Store. This integration marks a new era for enterprise retailers aiming to optimize their retail operations and deliver remarkable customer experiences.

By merging with SAP Omnichannel Sales Transfer and Audit through the SAP Business Technology Platform (SAP BTP), NewStore facilitates a seamless exchange of vital retail data within the SAP S/4HANA Cloud. This connectivity is designed to enhance brands’ operational efficiency and transparency while reducing implementation timelines and minimizing disruptions in business processes. According to Michael DeSimone, CEO of NewStore, “With NewStore and SAP, enterprise retailers can transform their in-store experience by unlocking omnichannel capabilities that drive significant sales growth and foster lasting customer loyalty.”

Addressing Retail Challenges

As brands face evolving consumer expectations, increasing labor costs, and volatile demand, the NewStore-SAP partnership offers an indispensable solution. By leveraging advanced technology, retailers can better prepare to handle these industry shifts while promoting sustainable growth. The platform provides the necessary tools for companies to scale their businesses efficiently and to remain competitive in an ever-changing retail landscape.

NewStore's platform equips retailers with crucial real-time access to sales, inventory, and returns data at every point of sale (POS). This access is vital for creating a responsive and dynamic retail environment. Noteworthy features of the platform include:

1. Real-Time Endless Aisle: Break down inventory silos to facilitate immediate product access across all retail channels, enhancing customer convenience.

2. Clienteling with Personalization: Provide retail associates with customized tools that allow for personalized recommendations, fostering stronger relationships with customers and resulting in increased loyalty.

3. Flexible Fulfillment Options: Retailers can offer Ship-from-Store, Buy Online Pickup In-Store (BOPIS), and same-day delivery, adapting to the changing preferences of consumers.

4. Unified Returns and Exchanges: Simple and hassle-free cross-channel returns and exchanges enhance customer satisfaction and trust.

5. Advanced Inventory Optimization: Employ real-time insights to improve inventory accuracy, mitigate shrinkage, and seize on sales opportunities.

SAP Store creates a user-friendly digital experience for discovering, trying, purchasing, and renewing over 2,300 solutions from SAP and its partners. Each transaction made through the platform contributes to SAP's initiative of planting a tree, reflecting a commitment to sustainability.

NewStore's Commitment to Innovation

As a participant in the SAP PartnerEdge® program, NewStore benefits from various support systems that facilitate the development of cutting-edge applications tailored to specific retail demands.

NewStore itself stands as a leader in unified commerce, boasting a user-friendly tech stack designed for rapid deployment. Their platform enables premium retail brands to craft exceptional customer experiences across various channels, driving significant increases in sales and improving transaction interactions. The NewStore platform currently partners with over 85 brands across more than 55 countries, consistently delivering an impressive 30% uplift in sales through better inventory visibility, flexible fulfillment, and personalized engagement.

For more details about NewStore and its innovative solutions, visit www.newstore.com and follow them on LinkedIn.

Conclusion
The integration of NewStore's unified commerce platform with the SAP Store is poised to transform the retail industry. By addressing critical challenges faced by retailers with innovative technology, NewStore allows brands to thrive in today's competitive market environment and foster long-lasting customer relationships.