At Newmine, a startup specializing in returns reduction technology, a mantra echoes: “The best return is the one that never has to happen.” Returns posed a significant challenge for the retail industry in 2019, amounting to a staggering $309 billion, with online sales contributing $41 billion, as per a report by Appriss Retail. In response...
Samsung is gearing up to provide substantial discounts of up to Rs 40,000-Rs 50,000 on its premium TV range, including The Serif, during the upcoming Amazon Great Indian Festival and Flipkart Big Billion Days sales, according to industry sources. Consumers can anticipate enticing cashback, exchange offers, and low EMI options on both The Frame and...
The outbreak of coronavirus in China prompted a surge in online shopping as consumers adhered to stay-at-home measures. With the escalating number of cases in the US, concerns about the safety of online shopping versus visiting stores have surfaced. Can packages carry the virus, posing a risk of transmission? Expert Insights on Virus Survival Rachel...
As giants like Reliance and Amazon intensify their efforts to deliver daily groceries to consumers’ doorsteps, a recent report highlights online grocery as the emerging battleground for growth in India, projected to exceed $18 billion by 2024. A joint initiative by Bengaluru-based market consulting firm RedSeer and Bigbasket (Brand Intelligence) reveals the remarkable trajectory of...
Rent the Runway, following a significant Series F funding round in 2019, achieved a remarkable $1 billion valuation, signifying its continued appetite for expansion. Anushka Salinas, the chief operating officer of Rent the Runway, shared insights into the company’s disruptive mission at Business Insider’s IGNITION: Redefining Retail conference. Salinas emphasized Rent the Runway’s endeavor to...
Television has been a cultural cornerstone for generations, shaping our collective experiences and memories. Millennials, born between 1981 and 1996, reminisce fondly about iconic shows that defined their youth. From heartwarming sitcoms to gripping dramas, these series not only entertained but also resonated deeply with millennial audiences. Here’s a glimpse into some of the shows...
When Satya Nadella assumed the role of CEO at Microsoft on February 4, 2014, the company faced significant challenges. With Windows 8’s disappointing performance and internal conflicts, Microsoft’s future seemed uncertain. However, under Nadella’s leadership, the company underwent a remarkable transformation, solidifying its position as a global tech giant valued at approximately $3 trillion. This...
A convicted con artist allegedly preyed on troubled celebrities like former congressman George Santos and actor Danny Masterson, falsely claiming to resolve their legal troubles for a hefty fee, federal prosecutors revealed. Targeting Celebrities Hector Medina, also known as Michael Soto, with prior convictions for theft and fraud, allegedly targeted Santos and Masterson last July....
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