OneView Commerce now trading on AIM market and plans future expansion

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OneView Commerce, the retail industry’s leader of digital transformation in the store, has announced that following the merger with UK company Armour Group, its shares are now trading on the AIM market of the London Stock Exchange under the name OneView Group Plc and the symbol “ONEV.”

Confirming completion of the transaction, OneView CEO Stuart Mitchell said: “We are delighted to have joined AIM, and look forward to using the capital raised by the deal as a means to continue to expand our business. OneView’s increasing traction with large and mid-sized retailers combined with the AIM listing provides an outstanding foundation for expedited growth and delivery of its global initiatives.”

Capital raised with the listing is earmarked for the continued development of OneView’s Digital Store Platform and expansion of its network of channel partners, which currently includes IBM and hybris, the e-commerce subsidiary of SAP, among others.

Mitchell added: “OneView’s listing supports our top priority of continuing to provide innovative solutions to our valued clients to help them maintain a competitive edge, secure sales growth, and support customer loyalty.”

OneView said it expects to increase revenues from its Digital Store Platform this year by more than 130% when compared with the prior year.

OneView Commerce’s Digital Store Platform combines standard functions such as point of sale, line busting, and end-to-end cross-channel solutions, capturing and delivering content across every channel. This digital transformation enables the exchange of vital store information between all parties to immediately impact sales, business operations and the customer experience, the company claims. Travis Perkins, Wickes, Discount Tire Corporation, and E-Plus Gruppe are among the global retailers transforming their store operations with OneView Commerce.