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Indian Retail needs industry status, says Walmart President & CEO, Krish Iyer

The Indian retail industry needs to be conferred industry status to ensure that they get land and power at industrial rates to drive consumption and demand in the country, said President & CEO, Walmart India, Krish Iyer, on Tuesday...

Walmart and Google team up to enter voice-shopping market

Walmart and Google have announced a new partnership that will enable voice shopping through Google Assistant, Google’s virtual assistant that lives on devices like its smart speaker, Google Home. The world's largest retailer said Wednesday it's working with Google to...

Walmart Gaining Traction – What Suppliers Need To Know

The world's largest retailer has posted relatively strong results for the first quarter of the year, thanks to a surge in online sales. This continues the momentum generated by the retailer in the US over recent quarters. However, suppliers...

Walmart to open 15 stores in Maharashtra; to invest Rs 900 crore

American retail chain Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra, the state government said. "Walmart will open 15 additional modern wholesale cash and carry stores in the coming years by investing Rs...

The Reinvention of Walmart's E-Commerce: Report

While still early in this strategic shift, Walmart is significantly better positioned today to compete in online retail than it was at the start of 2016. Over the past year, Walmart added 19 million SKUs to its online assortment through...

Is India GST-ready? Here's what India Inc has to say

India has adopted its most comprehensive indirect tax reform, the Goods and Services Tax (GST) – on July 1, 2017. It is expected that the GST will help remove tax barriers between states, creating a single market. The roll-out...

Walmart to benefit from GST in India, says Krish Iyer

Walmart will be benefited by the Goods and Services Tax (GST) which will be a win-win situation for all, the American retail giant's top official in India said as the landmark tax reform measure is all set to be...

Walmart to acquire Bonobos; appoint Andy Dunn to oversee exclusive consumer brands offered online

Walmart announced that it has entered an agreement to acquire Bonobos, one of the leading apparel brands built on the Internet, for US $310 million in cash. Following the closing, Founder and CEO of Bonobos, Andy Dunn, will report...

Pune’s Retail Real Estate Sector: The Game Gets Real

While the demonetisation 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...

Target begins testing Target Restock, its next-day delivery service

Target Corp announced in their company blog this week that it would launch next-day delivery service of household goods, which is an effort to better compete with Walmart and Amazon. According to the company, they have created Target Restock to save...
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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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