Written By Deepti Chaudhary A retail consultant says Amazon Flex will help the company handle demand peaks and improve service performance (Photo: Aniruddha Chowdhury/Mint) Bengaluru: Amazon India is set to offer students, homemakers and retired professionals part-time jobs, thus killing two birds with one stone—ensuring faster deliveries during peak season and creating Uber-style flexible jobs. Fast and reliable delivery is the most important part of the e-commerce business, along with the right product assortment. Over the years, Amazon India has introduced several ways of offering definitive and faster deliveries, including one-day, two-day and scheduled deliveries. Prime offers assured next-day delivery…
To turn around the loss-making Godrej enterprise, its new owners, Spencer's Retail, have to get their strategy and execution right Written By SALIL PANCHAL Though Nature’s Basket grew from a single food store in 2005 to 35 stores in Mumbai, Pune and Bengaluru, it never made a profit in 14 years of operation Image: Ramesh Sharma / India Today Group / Getty Images Nature’s Basket: Goenka’s New Hot Potato To turn around the loss-making Godrej enterprise, its new owners, Spencer’s Retail, have to get their strategy and execution right Shashwat Goenka, the scion of the RP-Sanjiv Goenka Group, faces possibly…
Written By Varuni Khosla, ET Bureau The seven-year-old specialised online beauty retail venture has added fashion to their forte. Source: economictimes
(The following is the video and the text of the Commencement Speech by Devangshu Dutta, chief executive of Third Eyesight, at the Convocation of the batch graduating in 2019 from the National Institute of Fashion Technology, Patna, India.) I would like to just share a few learnings from my own career. I hope some of these learnings will provide you some food for thought, and if they stick, I hope they prove valuable to you in some way in your own career. I think as a graduate of a professional institute, there are 5 life-skills or attributes or pieces of…
While BigBasket expects to increase its revenue from the private brands to 45 percent this year, Grofers is aiming to increase the revenue share from private labels to 60 percent by the end of this year. Written By Varun Jain New Delhi: Online grocery players BigBasket and Grofers are betting big on private label brands as it has become one of the largest source of revenue for these companies. BigBasket and Grofers currently witness 40 percent and 35 percent of their overall revenues coming from their own brands respectively.While BigBasket expects to increase its revenue from the private brands to…
Geopolitical friction has again sparked renewed concerns over inflation and rising input costs for FMCG companies as @itmeansjustice @whysnavi write. @devangshu commented.
