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How Walmart-Flipkart deal will disrupt online retail industry in India

Walmart is reportedly closing in on a big acquisition of Flipkart, and if it happens, India’s retail market could face a major upheaval soon.According to Bloomberg, Walmart hopes to acquire a controlling interest in Flipkart for US $12 billion...

Walmart and Postmates team up to expand retailer’s online grocery delivery program

Walmart and Postmates have announced an agreement to help expand the retailer’s popular online grocery delivery option to more than 40 percent of U.S. households. Postmates will help power the Walmart’s online grocery deliveries, beginning Tuesday in Charlotte, NC...

Walmart names Tesco grocery head as Jet.com President

Walmart’s Jet.com division on Monday named Tesco veteran Simon Belsham as its new President, reporting to CEO Marc Lore.“With Jet grocery being an integral part of the strategy, Simon brings incredible experience in scaling grocery delivery and his unique...

Walmart expands grocery delivery service to 100 cities

Already available in six US markets — Phoenix, Dallas, Orlando, Tampa, Denver, and San Jose — the service will become an option for more than 40 percent of US households in more than 100 metro areas, Walmart says.Walmart said...

Walmart may pick up stake in Flipkart, become largest shareholder

Walmart Stores Inc. could buy upto 51 percent stake in Flipkart, according to a report the Economic Times reported citing sources. If it goes through, the deal will pit Walmart against Amazon in India, mirroring the fight between the two companies in...

Walmart to introduce 4 new private-label apparel brands

Walmart is launching 4 new private-label clothing brands for women, men and children.The company said its apparel lines will be available nationwide, in stores and online by Thursday. The revamped clothing brands include Time and Tru for women, Terra...

Walmart India recognized among top 10 best workplaces in retail; certified by Great Place to Work® Institute

Walmart India, the wholly-owned subsidiary of Walmart Inc. has been certified as a Great Place to Work by Great Place To Work® (GPTW) Institute and recognized one among Top 10 Best Workplaces in Retail, 2018.The recognition is based on...

Budget 2018 – Building a Resilient Bharat

I must compliment Prime Minister Modi and Finance Minister Jaitley for intense focus on fiscal prudence in this budget. There is a huge focus in this ‘New Bharat’ Budget on inclusive growth and farm sector and despite that fiscal...

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...

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...
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Ex-Zomato executive-owned F&B company Ninecamp Ventures raises Rs 16 cr seed funding

The proceeds will be allocated to enhancing the brand portfolio, acquiring prime real estate, recruiting talent, and investing in...
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