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Walmart India

Reliance Retail, Walmart among key retailers all set to revolutionise product data exchange between brand owners

GS1 India has recently launched a new DataKart service, a repository of retailed products, which has been developed based on Industry and consumer needs; for a single source of trusted, reliable and accurate information on products sold through retail...

Food-only stores on hold as Walmart India evaluates model per FDI rules

Clearing the air of rumors about Walmart scrapping plans to set up food-only stores in the country, Walmart India said that the company is yet to come up with a final decision and is still at an evaluation stage. Responding...

CVC probing bribery, excise evasion charges against Mondelez, Walmart

The Central Vigilance Commission (CVC) has declined to share details of probe against confectionery giant Mondelez, maker of Cadbury chocolates and US-based world's biggest retailer Walmart, saying it will impede the process of investigation and apprehension and prosecution of...

Walmart shifts focus to e-strategy, will go easy on store openings and profit

Last Thursday, Walmart Stores Inc made the announcement that it plans to slow down on new store openings and instead concentrate on its e-commerce business. This shift in strategy comes in part of its acquisition of Jet.com. In his blog,...

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...

Retail sector second most threatened by hackers; financial services top the list

Data privacy protection has been becoming a significant challenge. Most of the sectors have been at the vulnerable risk of data fraud. Retail is the second most threatened segment by cyber attacks in the country after financial services. "Over 92...

Both online & offline will win the game in the Indian retail landscape

Even as majority of the brick-and-mortar retailers in India have already dived into the lucrative, but challenging, world of e-commerce - either via a tie-up with an online peer or launching their own Omnichannel play - the debate is still on... Who will win the game in...

OPINION POLL: What will the retail landscape look like in 2021?

Change has become the only constant for the retail sector in India. Rapid growth in online retail has meant significant losses for firms trying to woo customers. But, eventually, they are afoot to find ways to cut losses. Offline...

Developing a vision and strategic plan for growth of F&G sector

By some estimates, today, the Indian retail market stands at nearly $ 500 billion. At the overall level, Food & Grocery accounts for 60 per cent of the total retail market, but only 10 per cent in modern trade. So, there is a...
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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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