walmart
Retail
Amazon joins the race to acquire Flipkart; offers to buy 60 pc stake
As the world's largest retailer, Walmart, is inching closer to buying out India’s Flipkart in a US $12 billion deal, rival Amazon has jumped into the fray, making a formal offer to pick up a 60 percent stake in...
Retail
How Walmart-Flipkart deal will be a game-changer in the Indian e-commerce industry
Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.
According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...
Retail
How Walmart-Flipkart deal will disrupt online retail industry in India
Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.
According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...
Food
Walmart and Postmates team up to expand retailer’s online grocery delivery program
Walmart and Postmates have announced an agreement to help expand the retailer’s popular online grocery delivery option to more than 40 percent of U.S. households. Postmates will help power the Walmart’s online grocery deliveries, beginning Tuesday in Charlotte, NC...
Food
Walmart names Tesco grocery head as Jet.com President
Walmart’s Jet.com division on Monday named Tesco veteran Simon Belsham as its new President, reporting to CEO Marc Lore.
“With Jet grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique...
Food
Walmart expands grocery delivery service to 100 cities
Already available in six US markets — Phoenix, Dallas, Orlando, Tampa, Denver, and San Jose — the service will become an option for more than 40 percent of US households in more than 100 metro areas, Walmart says.
Walmart said...
Retail
Walmart may pick up stake in Flipkart, become largest shareholder
Walmart Stores Inc. could buy upto 51 percent stake in Flipkart, according to a report the Economic Times reported citing sources. If it goes through, the deal will pit Walmart against Amazon in India, mirroring the fight between the two companies in...
Fashion & Lifestyle
Walmart to introduce 4 new private-label apparel brands
Walmart is launching 4 new private-label clothing brands for women, men and children.
The company said its apparel lines will be available nationwide, in stores and online by Thursday. The revamped clothing brands include Time and Tru for women, Terra...
Food
Walmart India recognized among top 10 best workplaces in retail; certified by Great Place to Work® Institute
Walmart India, the wholly-owned subsidiary of Walmart Inc. has been certified as a Great Place to Work by Great Place To Work® (GPTW) Institute and recognized one among Top 10 Best Workplaces in Retail, 2018.
The recognition is based on...
Retail
Budget 2018 – Building a Resilient Bharat
I must compliment Prime Minister Modi and Finance Minister Jaitley for intense focus on fiscal prudence in this budget. There is a huge focus in this ‘New Bharat’ Budget on inclusive growth and farm sector and despite that fiscal...
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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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