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Tag: profitable

Online private labels to drive profitable growth for e-commerce marketplaces: KPMG

Online private labels are expected to grow 1.3 to 1.6 times faster than e-commerce platforms and continue to generate 1.8 to 2 times higher margins than external brands, according to a study by KPMG in India and Retailers Association of India. The study titled ‘The online private label growth paradigm’ says that online private labels …

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Milkbasket turns profitable in Gurgaon

World’s first micro-daily-delivery service and one of India’s biggest grocery delivery startups, Milkbasket today announced that the company has achieved profitability in the city of Gurgaon – its largest customer base and contributing ~50 percent of the monthly revenue. “Milkbasket’s contrarian model has been a mystery to many with individuals going to the limit of …

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Macy’s online sales slowed. But that also means it’s more profitable

People walk past Macy’s flagship store in Manhattan, New York. Xinhua | Wang Lei | Getty Images Macy’s online business is struggling. The company didn’t break out the exact growth rate for its online sales during the fiscal third quarter, when for the past few quarters it has highlighted double-digit growth. Instead, it said there …

Macy’s online sales slowed. But that also means it’s more profitableRead More