Growing Client Portfolio NewStore has recently signed new clients such as Oroton Group, AllSaints Retail Ltd., City Beach, Inc., and Sweaty Betty Limited, indicating strong market traction and opportunities to leverage existing client success stories for upselling and cross-selling.
Expanding Digital Capabilities With the recent launch of the NewStore Associate App and partnerships for launch of mobile applications, there's a clear emphasis on enhancing mobile and omnichannel retail experiences, creating opportunities to target brands seeking digital transformation solutions.
Industry Focus on Retail Transformation Targeting premium and activewear brands, NewStore's focus on omnichannel POS and unified commerce solutions aligns well with a trend towards retail digitalization, offering potential sales pitches to similarly positioned brands.
Financial Stability & Growth With a revenue range of 50 to 100 million dollars and substantial funding of 45 million, NewStore demonstrates financial stability and growth potential, making it an attractive partner for large-scale retail technology initiatives.
Technology Adoption Stress Points The company's use of cloud-based, NoSQL, and integration with various agile tech stacks suggests readiness for innovative deployments; sales opportunities may lie in approaching brands looking to modernize legacy systems or enhance omnichannel capabilities.