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The study also reveals that 97% of organizations believe that current last-mile delivery models are not sustainable for full scale implementation across all locations, and that free shipping costs cannot be maintained unless delivery costs are reduced thr
Overall the fashion industry is expected to surge to $21.51 billion by 2023 at a CAGR of 22.3%.
one of the retail majors deployed a model analysing the shopping pattern of customers and predicted their chances of Parents-to-be in recent future.
Optimising the checkout process is crucial for e-commerce businesses to grow revenue and deliver a great online experience.
There is no one particular product preference but a combination of products both as regular consumption and a gift factor that add to the complexity.
Only 55 percent of retailers worldwide have technology in place to manage unplanned absences: Global Study
The Indian retail industry is one of the most dynamic and fast-paced industries, poised to grow at a rate of 60 per cent to US$1.1 trillion by 2020.
Omnichannel retailers have been trying to bridge this knowledge gap by integrating point of sales and customer relationship management data.