Target doubles growth forecast, but cites caution as consumers remain stretchedThe $59-billion retailer has muddled through three straight years of declining revenue as cost-conscious shoppers moved to cheaper options....
20 May, 2026, 08.03 PM IST
Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
03 May, 2026, 09.06 PM IST
US Stocks: Best Buy taps insider Bonfig to succeed veteran Barry as CEO amid demand slowdownBest Buy on Wednesday named insider Jason Bonfig as CEO, replacing longtime executive Corie Barry, in a leadership change that comes as t...
22 Apr, 2026, 07.30 PM IST
Doritos at $7 a bag ended up costing PepsiCo billionsIn an unexpected twist, Frito-Lay, a subsidiary of PepsiCo, is slashing prices by as much as 15% on beloved snacks like Doritos and Cheetos...
07 Apr, 2026, 04.30 PM IST
Flipkart's Big Billion Day sales lift Walmart International's third quarterWalmart International revenues were "positively affected by timing of Flipkart's BBD event", the US-based retail giant said in an earnings ...
21 Nov, 2025, 05.03 PM IST
PhonePe Esop expenses weigh on Walmart’s Q3 operating incomeWalmart’s operating income fell 0.2% in the third quarter of fiscal 2026 due to employee stock option-related expenses at its subsidiary Ph...
20 Nov, 2025, 11.08 PM IST
Who is Suresh Kumar, the Indian-origin Walmart CTO in news amid latest job cutsWalmart announced plans to lay off 1,500 employees from its global technology team, days after backlash from US President Donald Trump for ...
25 May, 2025, 05.48 PM IST
Walmart’s tariff troubles begin to bite but company posts first profitable quarter in e-commerceWalmart’s latest earnings report reveals early signs of pressure from rising tariffs even as it celebrates its first profitable quarter in ...
18 May, 2025, 07.37 AM IST
Flipkart boosts Walmart’s international ad business in Q1Walmart reported 20% growth in international ad business, driven by Flipkart, which earned Rs 5,000 crore from ads. Net sales rose 7.8% to ...
15 May, 2025, 06.13 PM IST
Flipkart’s Big Billion Days logs double-digit growth in topline, customer base: WalmartThe US retailer's chief financial officer John David Rainey says same-day delivery for Flipkart surged 2.5 times during the festive sale. W...
19 Nov, 2024, 09.08 PM IST
Walmart's earnings shine as it preps $2.3-billion Vizio acquisitionShares in the retail giant rose 6% to a record high of $180.31 in early trading after it also gave an upbeat annual sales forecast and anno...
20 Feb, 2024, 11.57 PM IST
Flipkart marketplace arm’s revenue jumps 42% to Rs 14,845 crore in FY23, loss narrows 9%Walmart-owned Flipkart runs its India business through various entities, and Flipkart Internet runs the marketplace where the firm earns it...
27 Dec, 2023, 11.57 PM IST
Walmart’s Q3 gross margins rise as Flipkart’s annual sale event shifts to Q4Walmart acknowledged that the timing of Flipkart’s BBD event, which moved from Q3 last year to Q4 this year, negatively impacted overall an...
17 Nov, 2023, 03.47 PM IST
Walmart and Ikea continue to bleed in India as losses widenIkea India’s net loss went up by 12%, while revenue jumped by 77% in FY22, filings made to the Registrar of Companies and sourced from busi...
29 Oct, 2022, 09.23 AM IST
Flipkart marketplace arm revenues jump 33% to Rs 10,476 crore, losses widen 1.5xRevenue from Flipkart's marketplace services remained largely flat at Rs 2,823 crore while that from advertisements increased 50% to Rs 2,0...
28 Oct, 2022, 02.17 PM IST
Walmart explores matchmaker marketplace for social media influencersWalmart currently works with influencers to promote its groceries and apparel, as well as its Walmart+ loyalty program.
18 Aug, 2022, 04.54 PM IST
Walmart's ad revenue grew 30% in June led by Flipkart and Walmart ConnectThe revenue of Walmart International, which includes Flipkart, rose 5.7% YoY in the June quarter to $24.4 billion.
17 Aug, 2022, 05.26 PM IST