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JUDITH MCKENNA
Walmart reports strong sales for Flipkart, transaction growth for PhonePeWalmart’s international segment sales were up 11%, helped by double-digit growth in India among other geographies, said John David Rainey, ...
Walmart promotes CEO of Sam's Club to head International division as Judith McKenna retiresIn some of Walmart's other big international markets like Mexico and South Africa, structural problems exacerbated by the pandemic have dam...
Flipkart logs double-digit sales growth, adds to Walmart netJudith McKenna, president and CEO of Walmart’s international business, said that the company is pleased with PhonePe’s progress and that it...
Walmart hopes to be a part of Indian economy for decades: CEO Doug McMillon“There's going to be a lot of growth here and I think it's going to be inclusive growth,” McMillon said, while addressing the Indian suppli...
It’s going to be remarkable to watch what happens in India the next 20 years, says Walmart CEO Doug McMillonWalmart CEO Doug McMillon has praised India's potential for growth and called for “inclusive growth" in the country. The executive said tha...
Confident of achieving Walmart’s goal of $10 bn exports from India annually by 2027: Walmart CEO Doug McMillonThe CEO reinforced Walmart’s commitment to India and building an ecosystem of suppliers and partners, including small and medium enterprise...
Flipkart’s Big Billion Days event lifts Walmart International's Q3 salesWalmart, in its quarterly earnings call for the September quarter, said its international revenue increased 13% to $26.8 billion in constan...
Flipkart has shown clear proof of value, will hit profitability: Walmart’s Judith McKennaSpeaking at Baird 2022 Global Consumer, Technology & Services Conference in New York on Tuesday, McKenna said there has been “clear proof o...
Flipkart on track for profits, says Walmart’s Judith McKenna; will app notifications replace SMS transaction alerts?Walmart, which bought a majority stake in Flipkart four years ago, believes the ecommerce platform has shown “clear proof of value” and is ...
Walmart CEO commits $10 billion exports by 2027 from India"We think this will open a global opportunity for SMEs to spread the communities and accelerate India's progress as a manufacturing destina...
Innovations from Indian market helping us improve retail globally: Walmart International CEOSpeaking at the Converge@Walmart event, McKenna said learnings from the Indian operations have helped Walmart make improvements in its exis...
Prioritising Flipkart's Big Billion Day sales: Walmart International CEO McKennaWalmart is also on track to record $75 billion in global ecommerce sales by the end of this year, the US-based retailer said.
Walmart says open to Flipkart IPO but no specific timeline yet“We will do it (Flipkart IPO) when it's time for the business, it's not an output, it’s not a target for us to do that,” Walmart Internatio...
Flipkart to focus on subscription programme, grocery in 2021: Kalyan KrishnamurthyWalmart’s India businesses of Flipkart and PhonePe performed exceptionally well last year, despite challenges posed by the pandemic, Walmar...
Piyush Goyal, Walmart CEO discuss local sourcing, Make in IndiaThe FDI rules for e-commerce do not allow foreign investment in the inventory-based model or multi-brand retailing.
Myntra to stay independent: Walmart’s Judith McKenna to staffThe Myntra-Jabong combine has witnessed restructuring of its top deck since November 2018, leading to the departure of its CEO Ananth Naray...
Walmart to help Flipkart leverage its global scaleThe company reiterated that the change in earning guidance, which was notified when the Flipkart transaction was announced, is driven only ...
Flipkart employees meet new bosses in townhall meetingBansal and McKenna jointly introduced the newly-appointed Flipkart Group’s chief financial officer Emily McNeal, who has been Walmart’s M&A...
Flipkart's ecosystem true advantage to Walmart: OfficialJudith McKenna, Executive VP, President and CEO of Walmart International, on a recent investor call has said the e-commerce market in India...
Walmart may get financial investors for FlipkartWe are committed to Flipkart being successful in India. This is not a short-term investment. We have already shown commitment and we believ...