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Walmart wins limited reprieve from Delhi HC

Walmart Stores Inc has won a limited reprieve from Delhi High Court last week, having approached it over the Central Vigilance Commission (CVC) seeking to initiate criminal proceedings against the local unit of the retail giant for allegedly delaying...

Alibaba topples Walmart to become world’s largest retailer

Chinese e-commerce behemoth Alibaba overtook America's Walmart to be world's largest retailer, according to Stationery News. With an expected overturn of $490 billion in 2015-16, the Chinese retailing brand is the global leader in the sector. The dethroning of Walmart comes on...

Walmart forays into milk processing

Walmart is planning to build a dairy processing plant in Indiana to supply private-label milk to about 600 stores. The company is planning to build a more than 250,000 square foot milk processing plant in Fort Wayne, Indiana. This milk...

Alibaba to pass Walmart, become world's top retailer

Chinese e-commerce giant Alibaba is expected to surpass the US multinational firm Walmart soon as the world's largest retail platform. Walmart Stores Inc posted net sales of $478.6 billion for its fiscal year ending January 31, while the latest...

Walmart expects flat sales growth

After shutting down 269 stores, laying off thousand of employees and strengthening of US dollar, Walmart is not expecting any significant sales growth in the coming year. The retail giant revealed it in October that it is expecting a sales...

49 more Walmart clubs to open in the next 4-5 years

President and CEO, Walmart India, Krish Iyer, speaks to Progressive Grocer about how his company is building a world class operation in the cash and carry business bringing global expertise and contributing to the success of its members What do...

Relooking Sustainability and the Indian Retailer

Sustainability in supply chains and business at large is a complex process involving many players – producers, brands, retailers and consumers. This article is the first in a three-part series that aims to raise some critical questions and most...

MobiKwik offline retail partnership to contribute 50% of GMV

Mobile payments network MobiKwik has partnered with Archies, Sagar Ratna and Mobilti World as part of it offline retail expansion strategy said the company in a press release. "It is the rapid adoption of smartphones and mobile e-commerce in India...

Leveraging Social Media to Optimize Sourcing-to-Shelf Processes

More than half the world’s population is connected to the internet on smartphones and nearly 20 per cent of the world’s population is on Facebook. As Facebook, Twitter and other social tools go mainstream, retailers find a huge opportunity...

7 Retailers Profiting From Big Data

According to a report by analytics major McKinsey, some leading retailers are turning the promise of Big Data into reality. An analysis of more than 250 entities over 5 years has revealed that companies that have established Big Data...
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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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