U.S. retailers announced more than 3,000 store openings in the first three quarters of this year, forgetting to mention that 6,800 would close, while jobs at stores sank by 101,000 this year. More and more chains are filing for bankruptcy and rated distressed than during the financial crisis. The root cause is that many of these long-standing chains are overloaded with debt—often from leveraged buyouts led by private equity firms.

Extremely high operating costs, adapting to e-commerce, insufficient supply chain management, inability to streamlining and optimizing product services bring biggest retailers to bankruptcy.

However, those who care about the origins of their products, the supply chain, communications between parties and consumer’s needs, stay top retailers not minding the market changes. Such retail giants as Walmart, Hy-Vee, Carrefour, Metro C&C are heralding a new retail ecosystem, choosing blockchainization and optimizing their product services with the help of innovations.

  OSA DC developed a solution that has proven to increase sales on average by 5,4%. The world’s biggest retail brands and consumer goods manufacturers already have become clients of OSA and had a chance to test its technologies.