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Online flea-marketplace: Women-focused fashion portal Fashionara launches e-marketplace 'flea bazaar' to expand portfolio and profits
"With our flea marketplace, we want to get the experience of street shopping on Janpath, Delhi, or Linking Road, Mumbai, to come online," said Arun Sirdeshmukh, chief executive of Fashionara.
Ex-Union Minister Veerappa Moily seeks CM Siddaramaiah's intervention to solve tussle between Karnataka and e-commerce businesses
The warehouse that the American multinational operates at Hoskote falls in Moily's Lok Sabha constituency of Chikkaballapur, and its closure could render many people jobless and tax authorities in Karnataka have issued notices to nearly 50 merchants selling their wares on the company's online marketplace in India.
|Reverse Logistics: More than just getting it, it's about getting it, right|
Most retailers are devoting more attention and resources to reverse logistics than ever before, as they seek to reap as much value as possible from returned goods. The high variability in returned merchandise creates many disposition options, such as return to vendors, refurbish, re-package, recycle or donate. Retailers are taking stock of every department, class and sub-class to track the value of products that can be recovered.
|How do you unlock the value of reverse logistics|
Reverse logistics represents a significant part of a company's cost structure, ranging from 0.1 to 1% of the sales value of a product and averaging 0.5%, leading to an annual cost in the U.S. of 200 billion USD. Compared to the cost of goods sold, an average of 7 to 10% is directly or indirectly attributable to reverse logistics. Next to that, a properly managed reverse logistics flow on average has the potential to reclaim 32% of the original product value. And the significance of the reverse supply chain is growing!
|Is franchising a good fit for you?|
To franchise or not to franchise, is a million dollar question. Information making a strong case for franchising abounds. But, so do myths to dissuade would-be franchisors. And while there is no cardinal rule that will help businesses answer this question, a detailed study of the various aspects of franchising would help.