Company Performance Metrics
Jerry Azarkman: Founder & PresidentPast Role: Curacao, Founder
Star World is a new retail concept focused on providing goods and services specifically tailored to the exponentially growing U.S. Hispanic market. Offering offer financial services to underbanked consumers who cannot easily access them, regardless of immigration status or lack of credit history, and embrace the opportunity presented by the
unprecedented recent changes in the retail landscape. Evolving consumer behaviors and expectations, floods of new players relentlessly driving up competition, and rapid technological advancements are dramatically reshaping the industry faster than some retailers can react to, requiring uncomfortable restructuring and operational modifications.
The traditional big-box retail model, having high operating costs, will no longer be viable in the long term. The vast majority of brands and products can be showcased on a digital display. The digital era has dawned upon retailers; mobile devices have given consumers the ability to browse the retail universe for brands and products everywhere instantaneously. Our retail model envisions a store of the future, reassessing the present-day role and function of the long-established brick-and-mortar store format. We intend to advance the traditional retail model with innovative retail technology, adapting to today’s multidimensional retail environment between virtual and physical space.
Driven by modern technology, collecting ever-growing amounts of customer and transactional data, providing valuable insights and analytics in real-time, producing eye-opening opportunities to improving sales, marketing, reduce operating expenses, and gain a competitive edge in the industry. Using state-of-the-art retailing systems, Star World will provide maximum utilization of the retail space for product display and cut the expense of unnecessary usage of retail space, focusing on giving customers an exceptional shopping experience.