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Brands could lose $20-$30 billion in revenue to returns by 2025: Report

The report finds that Maharashtra has the highest return rate in India, followed by Karnataka, Delhi, Uttar Pradesh, and Haryana, with Kerala having the lowest return rate Bengaluru: Returns are a huge problem in e-commerce. They can go as high as...

Why unit economics matters and how businesses can improve it

Unit economics is directly linked to the profitability of a business. Here’s what to focus on to improve itIt took ride-hailing company Uber 15 long years to turn profitable. When it finally turned green in February 2024, chief executive...

Key strategies retailers adopt to minimise returns

Leading omnichannel retailers like Being Human, Lacoste India and Snitch among others shared their approaches to reducing returns and reverse logistics costs at the India Fashion Forum (IFF) 2024Bengaluru: Returns and the associated reverse logistics costs are burning issues...

Madras Mandi’s wastage is below 5%, thanks to technology: CEO Prashanth Vasan

Prashanth Vasan, chief executive officer at Madras Mandi on how the farm-to-table omnichannel retailer uses technology to achieve efficiencies that surpass industry standards and benefit over 2000 farmers New Delhi: Madras Mandi was established in 2020 with the goal of...

Snapdeal’s FY23 consolidated loss narrows to Rs 282 crore

As per the company's RoC filing, the total income fell to Rs 388.1 crore in FY23, from Rs 563.5 crore in the previous fiscal (FY22)New Delhi: Snapdeal has seen its consolidated loss after tax narrow to Rs 282.2 crore...
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Recode Studios opens new store in Guwahati

Recode Studios has been expanding its retail footprint across major cities. With this launch, the brand aims to cater...
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