Best Price
Retail
Kiranas, MSMEs hop onto e-commerce bandwagon with Flipkart Wholesale app, Best Price cash-and-carry stores
Over a million small retailers in the country and hundreds of MSMEs continued to repose their faith on online platforms and digitisation as the entire retail ecosystem opts for e-commerce as a mode of doing business during the challenging...
Retail
Retailers join festive cheer as Flipkart Wholesale and Best Price stores host The Big Billion Days
India’s homegrown Flipkart Group is set to bring festive cheer to millions of retailers and small businesses in the country with the launch of ‘The Big Billion Days’ sale across Best Price cash-and-carry stores as well as on the...
Retail
Battle of mergers and consolidations intensify in India’s retail market
The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...
Food
Muted economic sentiment will move customers towards value purchase: Walmart India CEO
The current muted economic sentiment will drive customers more towards the value purchases, and online as well delivery sales in retail sector would continue to grow even after the lockdown, a top Walmart India official has said.
According to a...
Retail
Sameer Aggarwal promoted as CEO of Best Price, Walmart India
Retail giant Walmart on Wednesday announced to promote Sameer Aggarwal as Chief Executive Officer of Best Price, Walmart India, saying that Krish Iyer has retired from full-time management and will assume the role of an advisor to Best Price,...
Food
Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores
Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores.
According to a PTI report: Some stores...
Food
Walmart eyes 10 pc revenue from private labels, 30 stores by 2019
Walmart India, which runs 22 Best Price wholesale stores, is planning to increase the share of its private labels to topline to 10 percent by next year as it plans to tap the Flipkart platform.
According to a PTI report:...
Retail
Walmart in preliminary talks to invest $1 billion in Flipkart
Walmart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt. Ltd in exchange for a minority stake in the Bengaluru-based e-commerce company, according to several reports.
The move is being widely...
Food
Massive fire breaks out at Walmart's Best Price store in Vijaywada
A massive fire broke out in Walmart's wholesale store, Best Price, near Vijaywada early on Saturday, police said.
State Fire authorities quickly reached the store and brought the situation under control. No lives were lost in the incident.
"A fire broke at our...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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