walmart
Retail
Sellers from tier II towns and beyond see jump in orders in Flipkart, Amazon festive sale
Walmart-owned Flipkart and Amazon India on Sunday said lakhs of sellers, including a significant chunk from tier II cities and beyond, have received orders during the initial days of festive sale on their platforms.
According to a PTI report: The...
Retail
Retailers join festive cheer as Flipkart Wholesale and Best Price stores host The Big Billion Days
India’s homegrown Flipkart Group is set to bring festive cheer to millions of retailers and small businesses in the country with the launch of ‘The Big Billion Days’ sale across Best Price cash-and-carry stores as well as on the...
Food
Walmart, Flipkart Group make fresh investment in Ninjacart
IANS -
Walmart and the Flipkart Group on Monday announced a fresh round of investment in Ninjacart, a Bengaluru-headquartered supply chain platform that sources fresh produce directly from farmers and quickly delivers them to retailers and businesses.
This follows the investment made...
Retail
COVID-19 helps accelerate transition towards digital payments in India’s retail industry
The COVID-19 pandemic has caused a fundamental shift in the way customers make their retail payments, particularly in the emerging economies like India. Though customers were slowly marching towards digital payments over the past few years, the COVID-19 crisis...
Food
As the pandemic continues, Walmart’s e-commerce sales jump 97 percent
The pandemic continues to wreak havoc on the world, crippling businesses due to increasing unemployment, drastically low demands, and interruptions to logistics. As businesses fail to get a hold of the situation, there’s one company that’s showing tremendous results...
Retail
Multichannel Retail and COVID-19 Report: Online and physical sales channels form a highly competitive single retail market
A new report titled 'Multichannel Retail and COVID-19' by GlobalData, finds that shopping habits in the US and Europe shifted dramatically because of disruption caused by the pandemic, driving rapid adoption and growth in buy online, pick up in-store...
Retail
Tencent invests US$ 62.8 million in Flipkart
Tencent has invested US$ 62.8 million in Indian e-commerce giant, Flipkart, according to filings sourced by paper.vc.
“There is the possibility though that Tencent’s investment is the first money in, as part of this larger round involving Walmart and other...
Food
What’s next for food retail self-checkout?
Fast, easy and helpful - those were some of the early reviews of Walmart’s new experiment with self-checkout, an effort that could help influence the broader future of the transaction method for food retailers.
Earlier this year, the chain started...
Food
Walmart tests drone delivery amid competition with Amazon
IANS -
Retail giant Walmart has started testing drone delivery of grocery and household essential items in a bid to take on e-commerce giant Amazon.
Walmart said it has partnered with Israel-based drone delivery company Flytrex to launch the pilot in Fayetteville,...
Food
Flipkart onboards over 50,000 kirana shops to bolster delivery ahead of festive season
Walmart-owned Flipkart on Wednesday said it has onboarded more than 50,000 kirana shops to strengthen its supply chain and delivery capabilities ahead of the upcoming festive season.
In preparation for the festive season and the 'Big Billion Days' sale, Flipkart...
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Reliance net profit falls 5% in Q1 on weak O2C business
The consolidated net profit of Rs 15,138 crore, or Rs 22.37 per share, in April-June was compared to Rs...
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