walmart
Food
What Innovation Means Now: 20 retailers redefining grocery experience
Change was happening at a rapid pace throughout the retail world prior to the COVID-19 outbreak. But when the virus happened, food retailers gained a new perspective on what an accelerating pace of change really looks like. Health officials...
Retail
Battle of mergers and consolidations intensify in India’s retail market
The Indian retail market is expected grow and reach US$ 1.4 trillion by 2023 at a compound annual growth rate (CAGR) of 10.7 percent between 2020-2023. Following the acquisition of Flipkart by Walmart in 2018, the fast-growing and lucrative...
Fashion
The Next Big Question: To be or not be sustainable
Even as fashion retail businesses have remained shut and balance sheets have been stressed due to unprecedented challenges led by the outbreak of COVID-19, there has been a simultaneous demand for companies to accelerate their progress on sustainable initiatives...
Retail
Flipkart gross merchandise value exceeds pre-COVID-19 level: Walmart
The gross merchandise value (GMV) of Flipkart has exceeded the pre-COVID-19 levels, global retail major Walmart Inc, which owns a majority share of India’s leading e-commerce platform, said.
Walmart’s overall revenue was up 5.6 percent to US$ 137.7 billion while...
Retail
Flipkart registers 54 pc rise in number of transacting sellers during Independence Day sale
Walmart-owned Flipkart said the number of transacting sellers on its platform rose by 54 percent during the recently concluded sale as compared to last year.
Flipkart held an ‘Independence Day Sale’ from August 6-10, where sellers on the platform witnessed...
Food
Flipkart acquires Walmart India, to launch Flipkart Wholesale for B2B segment in Aug
Flipkart on Thursday announced the acquisition of Walmart India for an undisclosed amount, and said it will launch 'Flipkart Wholesale' next month, as the homegrown e-commerce major looks to tap into the US$ 650 billion B2B retail market in...
Food
Walmart makes face coverings mandatory in US
IANS -
Retail giant Walmart has made it mandatory for its customers across the US to wear face coverings starting July 20.
The mandate on Wednesday came as the number of confirmed COVID-19 cases spiked in communities across the country recently, reports...
Retail
Walmart-led investors pump in US$ 1.2 bn in Flipkart Group
A Walmart-led investor group on Tuesday pumped in an additional US$ 1.2 billion into the e-commerce platform Flipkart Group to support its marketplace in the wake of the ongoing COVID-19 pandemic.
With the new investment, Flipkart group is now valued...
Food
Walmart to launch Amazon Prime like subscription service
IANS -
The retail giant Walmart is reportedly planning to unveil a new subscription service called Walmart+ that will offer similar benefits to Amazon Prime.
Walmart was expected to unveil Walmart+ earlier this year before the pandemic derailed those initial plans. But...
Retail
Flipkart's 2GUD makes foray into social commerce
Walmart-owned Flipkart on Wednesday announced the launch of social commerce on its 2GUD platform. Consumers on 2GUD's social commerce platform will be exposed to a feed of videos made by a hand-picked influencer network across various topics and categories,...
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Latest News
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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