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Tag: triple

Ecommerce companies plan to double or triple fleet of delivery agents, Retail News, ET Retail

MUMBAI|NEW DELHI: Ecommerce companies are looking to strengthen the last human link in the supply chain — delivery staff — as competition intensifies amid growing volumes and expanding business. The demand for such workers has skyrocketed with firms looking to double or triple their fleet of delivery agents. Companies such as Flipkart, Big-Basket, Swiggy, 1mg, …

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Study: Retail fraud attempts triple in two years

As retail fraud rises, so do the average losses. According to the 10th annual True Cost of Fraud report for the retail sector from LexisNexis Risk Solutions, overall retail fraud attempts have doubled year-over-year and tripled since 2017. The study also found merchants pay $3.13 per lost dollar on average, up 6.5% from $2.94 in …

Study: Retail fraud attempts triple in two yearsRead More