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Target hires Walmart's Shekar Natarajan as SVP Network Planning

Target Corp announced on Monday that it had named Shekar Natarajan for the newly created role of senior vice president, network planning and operational design. Natarajan will oversee design of the company's direct-to-store and direct-to-customer supply chain systems and report...

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...

Walmart, Coach top performers in m-commerce experience: e-tailing group study

Mobile commerce continues to grow at a rapid pace and retailers have been tasked with figuring out exactly what the ever-evolving consumer wants. The idea is to provide better, integrated retail solutions to a consumer who flits seamlessly between...

Walmart calls GST rates progressive, but cola makers cautious

Walmart on Thursday welcomed the four-tier tax structure for GST, but aerated drink makers like PepsiCo and Coca Cola were guarded in their response, saying they will wait for the details to emerge. The GST council has approved a four-tier...

Kantar Retailer PoweRanking: PepsiCo top supplier; Walmart, Kroger tie for No. 1 retailer spot

PepsiCo and Coca-Cola have topped the rankings of best-in-class manufacturers in the 2016 annual U.S. PoweRanking survey released by Kantar Retail on November 03, 2016. Competition also intensified in the retailer rankings, with Walmart and Kroger finishing in a virtual...

Walmart, Target change retail strategy ahead of holidays, increase in-store pick ups

Retailers like Walmart Stores Inc. and Target Corp. are investing heavily to make more products available for same-day store pickup, staffing the pickup counter with more workers and stocking inventory closer to those workers to shorten wait times, a key consumer...

Walmart to invest US$ 50 million in Chinese online grocery and delivery firm New Dada

Walmart has announced a US$ 50 million strategic investment in New Dada, China’s largest local on-demand logistics and grocery O2O e-commerce platform. The investment is an extension of Walmart’s broader agreement with JD.com and cooperation with New Dada, which...

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 raises stake in China's JD.com to 10.8 pc

Walmart has nearly doubled its stake in Chinese online retailer JD.com, according to a financial document disclosed on Wednesday. In a form filed with the Securities and Exchange Commission, the Bentonville, Ark.-based company said it owns 265 million shares, or...

In another blow to Welspun, J C Penney offers refunds on 'questionable' products

In what is being seen as a spin-off of the Welspun disaster, US-based retailer J C Penney has said it will be offering refunds to shoppers who purchased certain towels and a comforter set. This, even though the retailer is unable to...
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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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