When will John Furner step in as Walmart’s new CEO? Check the date hereWalmart has announced a significant leadership change as longtime CEO Doug McMillon gets ready to retire on January 31, 2026, after more th...
14 Nov, 2025, 09.42 PM IST
Walmart India trims losses by 28.7%, revenue up 2.6% in FY25Walmart India operates Flipkart Wholesale outlets (formerly known as Best Price) that sells goods to mom-and-pop stores. The company has be...
18 Sep, 2025, 08.28 PM IST
Walmart tries to shed a stodgy vibe to battle digital-native rivalsWalmart built its empire by dominating on price. But to maintain that empire it must now compete on convenience, breadth and speed. During ...
21 Jun, 2025, 11.37 PM IST
After Microsoft and Amazon, US' largest private employer Walmart to cut jobs: All you need to knowWalmart is eliminating scores of jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s pu...
07 Feb, 2025, 08.05 PM IST
Flipkart India revenue touches Rs 50,000 crore, losses widen 40% to Rs 3,404 crore in FY22Flipkart India’s revenue mainly comes from selling goods to these sellers, and also by selling goods through its business-to-business ecomm...
01 Nov, 2022, 08.23 PM IST
Walmart expands abortion coverage for employeesThe new policy will also offer "travel support" for workers and dependents covered under their health care plans so they can access service...
20 Aug, 2022, 12.36 AM IST
Walmart to scrap quarterly bonuses as it raises wagesWalmart would scrap the benefit at the end of its fiscal year on Jan. 31, and roll it into associates' base pay. Last week, the US retailer...
09 Sep, 2021, 10.45 PM IST
‘Ease of Being Employee’ improves as companies pitch in with WFH helpMany MNCs take proactive measures, giving special leave and allowances to ease stress for employees. With the line between work and life ge...
09 Oct, 2020, 11.59 AM IST
Flipkart two key units losses up 69%, revenue up 43%Separately, Flipkart Internet, the India unit which runs the company’s marketplace business, has recorded a 40% rise in losses to Rs 1,624 ...
29 Oct, 2019, 07.08 PM IST
Flipkart's former employees can sell 30% of their Esops for $125-129As part of US retail giant Walmart’s $16 billion investment in Flipkart, large number of people associated with the ecommerce company are s...
14 May, 2018, 06.51 PM IST
Walmart acquires Flipkart for $16 billion in world’s largest ecommerce dealThe announcement culminates discussions between Walmart and Flipkart that began in September 2016 with Walmart’s plans to pick a minority s...
10 May, 2018, 01.00 PM IST
After Split, Walmart and Bharti Retail issue pink slips to employeesIn addition to three months wages, the sacked employees have been given 15 days salary for each year they worked with the company.
25 Dec, 2013, 04.00 AM IST
- Wal-Mart to create 22,000 jobs in 2009
As Wal-Mart Stores Inc. opens about 150 new or expanded stores in the U.S. in 2009, the company expects to hire about 22,000 people for new...
04 Jun, 2009, 10.23 AM IST
- Nobody can replace small retailers here
Wal-Mart has said it’s not spending too much time talking to politicians because its planned foray into India is fully compliant with India...
03 May, 2007, 01.49 AM IST
- Reliance to do a Wal-Mart in hiring
Following the Wal-Mart model, Reliance Retail plans to outsource most of its 500,000 manpower requirements.
22 Aug, 2006, 02.06 AM IST
- Wal-Mart's net may slip for first time in 10 years
Wal-Mart Stores Inc, the world’s biggest retailer, is likely to report its first profit decline in 10 years on the cost of last month’s dec...
15 Aug, 2006, 12.00 AM IST
- Wal-Mart staff set up first union in The Great Union Wall China
Employees of retail giant Wal-Mart have set up their first trade union in China, a move analysts said on Monday could lead to more unionisa...
01 Aug, 2006, 12.00 AM IST