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Christopher Weber, The Associated Press 13 hours ago FILE – People leave the entrance to the Amazon San Bernardino fulfillment center in San Bernardino, Calif., Oct. 29, 2013. California has levied two separate $5.9 million fines on Amazon for violating laws that protect warehouse workers by requiring them to work at speeds that endanger their safety, officials announced Tuesday, June 18, 2024. (AP Photo/David McNew, File) LOS ANGELES (AP) — California has fined e-commerce giant Amazon a total of $5.9 million for subjecting its warehouse workers to excessive working conditions and endangering their safety, officials said Tuesday. Two complaints issued…
In this research, a new framework is proposed to improve supply chain management in CBEC, combining optimization techniques and machine learning for sales volume prediction of factors, and using fuzzy logic and auction theory to allocate resources to sellers. This section presents the suggested design after detailing the data structure that was employed in the study.DataThe research data was collected over a two-year period through the sales records of 10 active sellers in the CBEC domain. All sales factors are supported through a common supplier, and each seller utilizes multiple online sales platforms for marketing and selling their products. The…
The Ministry of Consumer Affairs on Tuesday warned e-commerce platforms that the use of deceptive user interface designs, also known as “dark patterns”, is considered an “unfair trade practice” and a violation of consumer rights. Speaking at a stakeholder session, DoCA Executive Director Nidhi Khare emphasised the need to refrain from using deceptive designs that may mislead consumers into making unintended purchases or subscriptions.She suggested improvements such as relying on consumer feedback, monitoring user satisfaction and repeat customers, using app features to identify non-compliant patterns and self-auditing for specific dark patterns, the official statement added. The session was attended by…
Nykaa also aims to bring its BPC margins closer to current levels, with the fashion division expected to reach breakeven by FY26.premiumDevansh Dutta FSN E-Commerce Ventures (Nykaa) recently held its annual investor briefing. Analysts responded positively. Though some analysts revised down their FY25 and FY26 forecasts, most continued with a “buy” call after the stock rose 2.5%. Management expects the Beauty and Personal Care (BPC) business to grow at a compound annual growth rate (CAGR) of 25% from FY24 to FY28. Click here to connect with us on WhatsApp The company aims to increase net sales from its fashion business…
Adobe In tech news this week, retail is leading the way with generative AI… The retail industry is poised to surpass other industries in adopting AI According to Lucidworks' second annual Generative AI Global Benchmark Study, amid sluggish global investment in AI, the retail sector is bucking the trend with robust adoption and significant financial benefits, despite widespread challenges to successfully deploying AI across the industry. The study was based on a survey of more than 2,500 business leaders across major industries. The goal of the study was to determine how far companies have come in adopting generative AI. The…
Dublin, June 18, 2024 (GLOBE NEWSWIRE) — The “Global Pet Care E-commerce Market Size, Share and Trends Analysis Report by Product (Food & Treats, Litter, Grooming, Pharmaceuticals), Animal Type (Dogs, Cats, Other Animals), Region, Segment Forecast, 2024-2030” report has been published. ResearchAndMarkets.com Recruitment.The global pet care e-commerce market is expected to reach USD 149.21 billion by 2030, registering a CAGR of 7.64% during the forecast period. This growth can be attributed to technological advancements and rising adoption of these platforms, providing better e-commerce experience to users. The increasing popularity of e-commerce platforms has provided more options for customers to purchase…
ITASCA, Ill., June 18, 2024 (GLOBE NEWSWIRE) — Flexera, a global leader in technology intelligence, today announced that its ITAM product, SAM on Snow Atlas, has been validated with Oracle E-Business Suite applications, following the Flexera One ITAM validation in March. This latest milestone demonstrates Flexera's commitment to Oracle and furthers the company's mission to help organizations better understand the value of their Oracle investments.Flexera is the first ITAM solution provider to provide validation of all Oracle third-party SAM tools within the Global Licensing Advisory Services (GLAS) program, enabling customers to maximize the value of their Oracle investment with trusted…
Developing e-commerce hubs to boost online exports is expected to be a key topic in the government's 100-day policy agenda, and the commerce ministry is working with the revenue ministry on tough issues such as proposals to allow returns without levying import duties and speed up customs clearance, the people said.”The commerce ministry is in talks with the revenue ministry to extend support to e-commerce players to expedite export clearance and help in re-importing rejected goods. Once the issues are resolved between the two parties, implementation of a policy on e-commerce hubs may also be announced in the Union Budget,”…
The Department of Trade and Industry (DTI) and the Philippine Drug Enforcement Agency (PDEA) are exploring ways to strengthen their partnership with major online shopping platforms Lazada, Tiktok and Shopee to eradicate the sale of illegal e-cigarette products in the country. The Department of Trade and Industry said it was stepping up its crackdown on illegal products and ensuring violators are held accountable by equipping its monitoring and enforcement teams with the tools necessary to remove them from the domestic market. “Violated individuals are becoming more and more cunning, infiltrating the market with illegal e-cigarette products. By collaborating with other…
Massachusetts-based Heavenly Spirits is launching an online purchasing option to expand distribution in the United States. The platform will initially offer around 50 products available for online purchase. Heavenly Spirits' soon-to-launch e-commerce platform will provide a convenient way to explore and purchase products from the company's portfolio and will be easily accessible across most states in the US. The company introduced the new purchasing options in response to an expected increase in online sales across the United States. The platform allows users to browse products available for shipping in each state. “As the industry changes, we do our best to…