WALMART
The Future battle between Mukesh Ambani and Jeff Bezos isn't the only change taking over India's retail space
The ongoing digital transformation of the corner kirana stores, tens of millions of shops catering to 1.3 billion consumers, will matter fo...
Walmart poaches Goldman Sachs bankers for a new fintech startup
Omer Ismail, head of Goldman Sachs' consumer bank, and one of his top lieutenants David Stark will leave the investment bank for Walmart's ...
Walmart to help small businesses in Uttar Pradesh grow via new Vriddhi e-institute
Vriddhi will accelerate the rollout of e-institutes to other cities in India this year, providing training, mentoring and ecosystem support...
Beer giant UB appoints former Walmart executive as its Chief of Corporate Affairs
Jha’s last stint was at Walmart India as senior vice president and chief of corporate affairs officer. The former civil servant also has ab...
- India's Enforcement Directorate to examine findings in report on Amazon: Source
The Reuters story was based on internal Amazon documents dated between 2012 and 2019. It provided an inside look at the cat-and-mouse game ...
Flipkart to focus on subscription programme, grocery in 2021: Kalyan Krishnamurthy
Walmart’s India businesses of Flipkart and PhonePe performed exceptionally well last year, despite challenges posed by the pandemic, Walmar...
Walmart's investment year will hold back profit growth; shares slide
The world's biggest retailer, which employs 1.5 million people in the United States, also said it is raising wages to more than $15 per hou...
Expect business to be back to normal by August: Arvind Fashions
In the third quarter ended December, the Bengaluru-based retailer registered 106% sequential growth driven by festivals, winter sales and o...
Walmart plans big push to challenge Amazon on advertising
Walmart has expanded its advertising business after years of stuttering progress, even as a deal to buy a 7.5% stake in video-sharing app T...
E-commerce will play important role in Atmanirbhar Bharat vision: Amazon India head
"I think Make in India is going to go global at massive scale, you're going to have Indian brands become global brands and all of this is g...
Indian stores shuttered by farmer protests cost Reliance, Walmart millions in revenue: Sources
One industry source said estimated losses for Reliance from its state-wide shutdowns run into millions of dollars. Two other sources said W...
Flipkart Wholesale app logs 75% month-on-month growth in customer base
Flipkart Wholesale has seen huge success with 90 per cent month-on-month growth in transactions on its platform since its launch, reflectin...
Flipkart plans to cut Walmart store sizes by half
“Each of Walmart’s 28 Best Price cash and carry stores will be converted into both wholesale and warehousing centres, clearly indicating it...
Walmart plans to increase exports out of India three times to $10 billion by 2027
Walmart’s said on Thursday that its export commitment is expected to boost micro, small- and medium-sized enterprises (MSMEs) in India and ...
Walmart could join other tech giants in picking up stake in one of the NUEs
People close to the situation said that at least two consortium players preparing to apply for the coveted NUE license have approached Walm...
We will work to serve customers better than anybody else: Doug McMillon, CEO Walmart
“Did we know that Reliance and Amazon and many others will be super aggressive? Absolutely. But we are too,” Doug McMillon said at the Morg...
Flipkart demotes Walmart India executives in merged entity
“Flipkart said all Walmart's vice presidents will be made directors, and all employees have been told that the role redesignation letter wi...
In final stages of consolidating Walmart India operations, says Flipkart Wholesale
In July, Flipkart announced the acquisition of Walmart India for an undisclosed amount, and launch of 'Flipkart Wholesale' to tap into the ...
Monthly active users for Flipkart, PhonePe at 'all-time high': Walmart
In a statement, Walmart said its 'international' segment's net sales were at USD 29.6 billion, an increase of 1.3 per cent, and that change...
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