walmart
Retail
Walmart to pick up 15-20 per cent stake in Flipkart
Walmart Stores Inc, the world’s largest retailer, is in talks to buy 15 to 20 per cent stake in Indian e-commerce major Flipkart.
According to a PTI report: Walmart Global CEO Doug McMillon was in India recently and during the...
Food
Walmart and Rakuten announce new strategic alliance
Walmart President and CEO Doug McMillon and Rakuten Chairman, President and CEO Hiroshi 'Mickey' Mikitani met in Tokyo to announce a new strategic alliance that leverages each company’s unique strengths and assets to expand consumer reach and enhance how...
Food
Judith McKenna named President and CEO of Walmart International
Walmart Stores Inc. has announced that Judith McKenna will be promoted to President and Chief Executive Officer (CEO) of Walmart International, the company’s second-largest operating segment. She will be succeeding David Cheesewright, who has been in role since 2014...
Food
Indian gourmet must reach out worldwide to create and cater global demand
Food retailers must take Indian gourmet to the world to help achieve quality and scale in addressing the demand of Indian retail market, according to a cross section of retail stalwarts at the 11th edition of Indian Food Forum...
Food
Walmart raises starting wages for US workers, handing out bonuses
Walmart, the world's largest private employer, is boosting its starting salary for US workers to US $11 an hour, giving a one-time cash bonus of up to US $1,000 to eligible employees and expanding its maternity and parental leave...
Promotion
5 retail technologies that took the industry to the next level in 2017
Tech-savvy retailers keep looking for new and innovative ways to connect with consumers all the time. They bring in technologies that reshape retail in interesting ways.
2016 saw the popularization of beacons, magic mirrors. Intelligent Automation became the essential new co-worker...
Food
Walmart changes official name as it ramps up its digital strategy
Walmart on Wednesday announced it will change the company's legal name from Wal-Mart Stores, Inc. to Walmart Inc effective February 1, 2018.
Walmart said it is changing its legal name as the company looks to emphasize its shift from a...
Retail Hub
Significant supply churn, more global and luxury brands line up in Pune
While the demonetization wave put a dampener on residential sales across India, the retail market was comparatively unaffected and showed good flexibility in terms of a steady consumer spending pattern. Pune’s retail market is receiving considerable investment attention from...
Food
Walmart tests shelf-scanning robots in 50 stores
Walmart is rolling out robots to 50 stores by the end of January.. The robots go up and down the aisles, scanning for out-of-stock items, incorrect prices, and wrong or missing labels. Its part of Walmart’s plan to make...
Food
Why supermarkets are on a shopping spree
The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...
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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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