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| Thursday, 29 March 2018

What is the GDPR?

The General Data Protection Regulation (GDPR) is one of the biggest changes ever to how the processing of personal data should be carried out.

The implementation of a new POS system can require high investment costs. For small retailers in particular, it is important to keep fixed costs at a low level in order to be able to generate profit quickly.

Retail customers shop at one retailer or another based on a combination of: product, selection, price, convenience, shopping experience, service and the retailer’s reputation.

The retail business is hard. One third of new companies close within two years of opening; 50% of new companies fail within five years.

Among manage cash flow, retain employees, be aware of the regular changes and keep the customers happy, there is much to worry about when developing a business small or medium size.

Retailers that want to stay ahead of their competitors constantly need to find new ways to respond to evolving shopper needs and shifting expectations.

Speaking in Reykjavik, Iceland, LS Retail’s CEO Magnus Norddahl forecast that the release of this fresh version of LS Nav would spark considerable interest in the retail and hospitality community, as it has in the recent past.

Loyalty programs can be an effective way to reward regular customers, drive repeat business and deliver great customer service. However, not all programs hit the mark.

In today’s competitive marketplace, your ability to access reliable data quickly and easily can mean the difference between winning the next opportunity or losing it.

We have made a selection of the 5 main reasons why start selling online also suits your business, provided by our customers, who have many years of experience in B2B e-commerce.

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