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Walmart Fires Up the Flywheel

The retailer doubles down on a new business model for the future By Gina Acosta Earlier this year, on a rare rainy day in Las Vegas, Walmart executives gathered together to lay out a vision for the future of the grocery...

Meeting with Walmart CEO fruitful one, had insightful discussions: PM Modi

Modi also said he was happy to see India emerge as an attractive destination for investment New Delhi: Prime Minister Narendra Modi on Sunday said his recent meeting with Walmart CEO Doug McMillon was a fruitful one during which they...

Infosys partners with Walmart Commerce Technologies to deliver omnichannel solutions to retailers

Infosys will help retailers implement and use Store Assist, which enables them to provide "seamless omnichannel experiences" such as pickup, delivery and ship from store for both employees and customers New Delhi: Indian IT services company Infosys on Wednesday said...

Flipkart launches exchange programme for used air conditioners

The limited-period programme enables customers to exchange their used air conditioners irrespective of where they were purchased Bengaluru: Walmart-backed e-commerce marketplace Flipkart has launched an exchange programme for used air conditioners on its platform, the company announced in a release on Wednesday. With...

Walmart Foundation to support 1 mn small farmers in India over next 5 yrs; announces grants worth USD 3.53 mn

The aim is to enhance farm inputs, provide market access, new buyers and technology support like cash-less transactions among others to smallholder farmers in India and make them self-sustain New Delhi: Walmart Foundation on Wednesday announced its plan to support...

Five global brands going big on Metaverse

After reigning online and on e-commerce, these global retail giants are now setting up their shops in the metaverse, getting ready for a new digital marketplace New Delhi: After establishing their global brick-and-mortar empires and e-commerce entities, global retail giants including...

PhonePe raises $200 million in additional funding from Walmart

With this tranche, the company has raised a total of $650 million (around Rs 5,360 crore) from several global investors New Delhi: PhonePe, one of India's largest fintech platforms, on Friday said it has raised an additional $200 million (around...

This global retail brand has its own satellite network

While Amazon is considered the most valuable retail brand in the world, the American retail corporation, Walmart is much ahead of it. It will be surprising for you to learn that with a net worth of US$548.743 billion, Walmart...

Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India

Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to India New Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...

Walmart, Flipkart join hands with NSIC to help MSMEs grow

Walmart and Flipkart tied up with NSIC to speed up capacity building for MSMEs across India to help them become part of retail supply chains New Delhi: Walmart and Flipkart on Tuesday joined hands with the National Small Industries...
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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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