walmart
Retail
Flipkart Group narrows losses to Rs 17,231 cr in FY19
Flipkart Ltd, the Singapore holding company of the Indian e-commerce major, narrowed its losses to Rs 17,231 crore (US$ 2.42 billion) for the fiscal ended March 2019, while revenues grew by 42 percent over the previous year, according to...
Retail
E-tailers set to celebrate Diwali worth Rs 35,000 crore
IANS -
With the second wave of festive sales coming to an end, industry experts say the e-commerce players like Amazon and Walmart-owned Flipkart are set to celebrate a bumper Diwali with pocketing over Rs 35,000 crore (nearly US$5 billion) despite...
Food
Walmart launches InHome Delivery service in Kansas City, Pittsburgh and Vero Beach
Few months back, Walmart announced InHome Delivery, the latest innovation aimed towards giving time back to families by delivering fresh groceries and everyday essentials directly into their kitchen or garage fridges.Now, for the first time ever, the brand has...
Food
Walmart to expand footprint in UP, open 6 new stores
Walmart India, the wholly-owned subsidiary of Walmart Inc., plans to expand its footprint in Uttar Pradesh by opening six more 'Best Price' modern wholesale stores in the state, a senior company official said on Monday.According to a PTI report:...
Fashion
Go Global Retail to acquire ModCloth, a leading online specialty retailer of unique women’s fashion
Go Global Retail announced plans to acquire the assets of ModCloth, a digitally native retailer of unique women's fashion and accessories. Founded in 2002, ModCloth offers exclusive indie and vintage-inspired women's clothing, shoes, handbags and accessories for 18-35 year-old...
Research
E-tailers could see US$ 6 billion sales this festive season: RedSeer
E-commerce companies such as Flipkart and Amazon could generate up to US$ 6 billion or Rs 39,000 crore in sales this festive season, according to consulting firm RedSeer.In the first phase of the festive sale, e-commerce companies are estimated...
Food
Optimizing customer digital experiences with AI
With the advent of AI, brands have gathered a deeper understanding of customers. As AI deals with semantic meaning, meta-level knowledge, and answers which are either exact or optimal, it can easily come up with personalized interactions based on...
Retail
Flipkart claims strong demand coming from tier-II, III cities for ongoing sales
Walmart-owned Flipkart on Monday said it is witnessing strong demand from tier-II and III cities for products such as mobile phones and large appliances in its ongoing festive sales."This Big Billion Days, we witnessed the growing appetite of Bharat...
Retail
E-commerce can boost consumption, expect strong demand from small towns, cities: Flipkart
Walmart-owned Flipkart on Monday said it does not see its sellers or consumers tightening their purse strings during the festive season ahead and expressed confidence in clocking strong sales this year with demand being driven by Tier II and...
Food
Walmart to roll out Delivery Unlimited to more than 1,400 stores across the US
Walmart has plans to expand the reach of Delivery Unlimited – a grocery delivery membership option for customers – to 1,400 stores later this fall. The program gives customers the option to pay a yearly US $98 fee or...
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Latest News
Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties
Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming...
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