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New FDI policy may begin a big food fight between Amazon and Walmart

Amazon and Walmart, American super sellers, may start an Indian version of their US battle in the wake of the new FDI policy. With the Centre allowing ecommerce in food products (provided they are sourced/processed here) Amazon and Walmart...

AmazonFresh enters London, steps up pressure on UK supermarkets

Amazon has launched a British version of its US AmazonFresh food delivery service in central and east London, raising pressure on Britain’s already under-pressure “Big Four” supermarkets. Its touted as a long-anticipated move by the world's largest online retailer to...

Walmart to partner with Uber, Lyft for pilot grocery delivery programme

Walmart has announced plans to team up with Uber and Lyft on a pilot grocery delivery programme, in a fresh challenge by the US retail giant to Amazon. The big retailer said it would test the "last-mile" delivery with the...

Walmart to use drones to check warehouse inventory

Walmart, the country’s largest retailer, is testing the use of flying drones to handle inventory at its large warehouses, which supply the thousands of Walmart stores throughout the nation. In coming six to nine months the machines may be used...

Indians in Walmart, Gap sweatshops face exploitation, abuse: Report

The Asia Floor Wage Alliance, on Wednesday released a series of reports, which said that workers from India, Indonesia and Cambodia, and Bangladesh in supplier factories for global retail giants Walmart, Gap and H&M face "intensive labour exploitation and abuse" including non-payment...

Investment climate, ease of conducting business improving in India: Krish Iyer

Walmart India President & CEO Krish Iyer remains convinced on the India opportunity, even as the world's largest retailer struggles to overcome challenges from online retail in its home territory, the USA. "India is one of the largest markets in...

ISCF 2016: Walmart to open 70 Cash & Carry stores in India by 2020

Walmart India has stepped up its expansion plans to take the tally of its Cash & Carry outlets to 70 by the year 2020, said President and CEO, Walmart India, Krish Iyer at the inaugural day of India Shopping...

Walmart to evaluate opportunities in processed food retail

With India allowing 100 per cent FDI in processed food retailing, US retail giant Walmart said that it will evaluate opportunities in the segment while it gears up for the next phase of opening up of new cash and...

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...
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Motilal Oswal MF sells Zomato shares for Rs 646 crore

Motilal Oswal MF sold more than 2.84 crore shares or 0.3 per cent stake in Gurugram-based ZomatoNew Delhi: Motilal...
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