How Walmart and Flipkart Empowered 50,000 MSMEs; Plus US Giant’s $10 bn Pledge
In a remarkable culmination of collaboration and innovation, Walmart recently wrapped up its inaugural India Growth Summit, a groundbreaking event…
Retail India News: Walmart's Global Profit Margins Decline Amidst Flipkart's Impact on International Operations
In its recent financial report, Walmart disclosed a 46 basis points decline in consolidated gross profit margins, attributing this to the inclusion…
Retail India News: Walmart Foundation Empowers Coffee Farmers to Thrive Through Sustainable Practices and Technology Adoption
As World Coffee Day approaches, Indian coffee farmers are celebrating remarkable advancements in yield and revenue, thanks to their adoption of…
Retail India News: Grameen Foundation and Walmart Foundation Launch MANDI Phase II to Empower Indian Smallholder Farmers
In a significant development, the Grameen Foundation has unveiled its renewed commitment to smallholder farmers in India with the launch of the…
Explore Upcoming Events And New Age Agendas
  • IReC 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Launched in 2014, the Industry of Retail & eCommerce Summit has seen many years of growth, evolution and transition.

  • D2C INDIA 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Setting in Motion the New Commerce Revolution as the biggest and widest D2C community will gather in 2024.

  • Franchise India 2024 Delhi
    18-19 May, (IICC) India International Convention and Expo Centre, Delhi, India

    Meet 500+ franchisors across diverse industries, network with 40,000+ verified buyers, and gain insights from the startup community.

  • India EV Show
    29-30 June, Hall No. 3, Chennai Trade Centre, Chennai

    The INDIA EV SHOW's 4th edition is a Premier Show & Exhibition, sparking innovation and forging connections between emerging Startups and established heavyweights in the electric mobility arena.

  • FROEXPO Chennai
    29-30 June, Hall No. 2, Chennai Trade Centre, Chennai

    India’s premier and most trusted Business & Tradeshow is back in Chennai to provide a platform for highly evolved prospects, qualified investors, entrepreneurs from across India, neighbouring countries and delegations from other parts of the world.

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Walmart Reportedly Raising up to $3 bn for Flipkart to Expand India Biz
Retail giant Walmart is reportedly raising up to $3 billion for its e-commerce giant Flipkart to further expand its operations in the country. With…
Walmart Invites Indian Sellers to Expand Overseas via its US Marketplace
Walmart is inviting select Indian sellers to apply to join Walmart Marketplace, a curated sellers community that serves more than 120 million US…
Walmart Launches AI-Powered Virtual Fitting Room Technology
Walmart is rolling out 'Zeekit technology' to users of the Walmart app and Walmart.com, starting with 'the choose my model experience'. This feature…
Walmart to Focus on Flipkart, PhonePe, Not Keen to Open Retail Stores in India
American retail giant Walmart is not keen on opening direct-to-consumer physical stores in India, but will focus on growing its acquisitions - online…
Walmart Welcomes Indian Sellers to Expand Overseas Via its U.S. Marketplace
Walmart is now inviting select Indian sellers to apply to join Walmart Marketplace, a curated sellers community that serves more than 120 million U.S…
Walmart Plans to Enter Metaverse, Sell NFTs
Amid the buzz around Metaverse, retail giant Walmart has revealed plans to enter the field of highly immersive virtual reality/ augmented reality (VR…
Walmart-owned Flipkart Injects $145 mn in Ninjacart to Boost Online Grocery Portfolio
Flipkart India and Walmart announced that they have invested $145 million in fresh produce supply chain company Ninjacart to organize the…
Walmart CEO Commits $10 bn Exports By 2027 From India
Walmart International Chief Executive Judith McKenna has restated the US retail giant's commitment to export $10 billion worth of goods out of India…
Walmart Announces MoU with MP Gov to Train and Support Local MSMEs
Walmart and its subsidiary Flipkart will sign a Memorandum of Understanding (MoU) with the Madhya Pradesh government to create an ecosystem of…
Walmart to Hire 150,000 Store Employees in Preparation of the Upcoming Holiday Season
Walmart said that it is planning to hire about 150,000 new store workers in the US, most of them permanent and full-time, in preparation for the…
Walmart Responds to Continued Growth by Hiring 20,000 Additional Supply Chain Associates
Walmart is planning to hire 20,000 workers at its supply chain division and raise wages ahead of the busy holiday season anticipating higher demand…
India Among Most Exciting Markets Globally, to Grow to $1 Trillion by 2025: Walmart CEO
The Indian retail segment has its own uniqueness and the country is one of the most exciting markets globally that is poised to grow to over a…
Innovations from Indian Market Helping Us Improve Retail Globally: Walmart International CEO
Judith McKenna, President and CEO, Walmart International, has said that the retail giant is leveraging the spirit of innovation and creative problem…
Gap Collaborates with Walmart to Bring First-Ever Home Collection
Gap, the US-based casual lifestyle brand, and multinational retailer Walmart have announced a strategic partnership to launch Gap Home, a new brand…
Walmart Expands Vriddhi Programme to UP; to Help MSMEs Go Global
Walmart has launched a new Vriddhi e-Institute in Agra to provide small businesses in Uttar Pradesh access to skills and competencies to grow in a…
Walmart To Export Goods Worth $10 Billion From India By 2027
Global retail major Walmart on has committed to triple its exports of goods from India to $10 billion each year by 2027. The expansion in sourcing…
Walmart & Flipkart Group make additional investment in Ninjacart
Walmart and the Flipkart Group today announced a fresh round of investment in Ninjacart, the innovative startup disrupting India’s fresh produce…
Walmart in talks to invest in Tata Group's Super App
Walmart Inc. is in talks for a large stake purchase in the proposed "Super App" of the salt-to-software conglomerate Tata Group, two people aware of…
Walmart India announces Sameer Aggarwal as its Deputy CEO
Walmart India has promoted Sameer Aggarwal to the role of Deputy Chief Executive Officer. He would take over in the coming months the reins of…
Walmart unveils 28th wholesale store in India
Walmart India has launched its 28th Best Price Modern Wholesale Store in India in the city of Kurnool in Andhra Pradesh. The newly opened store…
Walmart planning to double its store count in China
Walmart is planning to double its store count in China. The US-based company aims to open 500 new stores in the country over the next five to seven…
Walmart eyes to expand its presence in UP
Walmart India is looking at expanding its footprint in Uttar Pradesh. The company eyes to launch six more 'Best Price' modern wholesale stores in the…
Walmart unveils its 27th Best Price store in India
Walmart India has launched its first ‘Best Price’ Modern Wholesale Store in Warangal, Telangana. This is the company’s 4th store in the state of…
Walmart commits $50 mn investment in Ninjacart to get stronger foothold in fresh produce segment
Retail giant Walmart has committed to invest $50 million in fresh fruit and vegetable supply chain startup Ninjacart. The first tranche of $10…
With 2 new acquisitions, Walmart Labs to bolster its customer service & supply chain
Walmart Labs, the technology arm of US retail giant Walmart, has acquired two Bengaluru-based start-ups, FloCare and BigTrade, for an undisclosed sum…
US-headquartered Walmart to accelerate its fresh food business in India
US-headquartered cash & carry retailer Walmart is going to focus on its fresh food business in India. For this, the company is looking to launch…
Walmart ties up with subscription-based children's clothing startup, Kidbox
Walmart has partnered with Kidbox, the subscription-based children's clothing startup, for offering its customers an exclusive, curated style box.…
Myntra shuts down 2 offline stores in Mumbai & Bengaluru
Amid plans to focus on core online sales, Walmart-owned Myntra has closed a prominent Mango store in Mumbai and the flagship store of private brand …
Walmart launches 24th Cash & Carry store in India
Walmart India, the wholly-owned subsidiary of Walmart Inc, has launched its first B2B Cash & Carry store in Karimnagar, Telangana. This is the…
Walmart B2B Cash & Carry Business Supports Kirana Members with PhonePe's Secure Payment Options
Walmart India, a wholly-owned subsidiary of Walmart Inc., and PhonePe, one of India's fastest growing payments platforms, has announced that they…
Binny Bansal exits Flipkart
Flipkart's co-founder & group CEO, Binny Bansal is expected to leave the company with immediate effect, as reported with leading media…
Walmart buys online lingerie retailer Bare Necessities
 Walmart Inc has acquired online lingerie retailer Bare Necessities for an undisclosed amount. Walmart last week acquired Eloquii, a fashion…
Walmart acquires plus-sized clothing startup Eloquii
Walmart Inc is all set to acquire Eloquii, a fashion startup that sells plus-sized clothing, for an undisclosed amount as it continues to look for…
Walmart India aims 10% revenue from private labels by 2019
Walmart India, which operates 22 Best Price wholesale stores is planning to increase the share of its private labels to top line to 10 per cent by…
Walmart hires expats for senior roles in Flipkart
Walmart has appointed four senior leaders from the US retail giant have been appointed at the Flipkart Group level. This development has come just…
Traders to shut shops on Sep 28 against Walmart-Flipkart deal
  Traders' body CAIT today said it has called a Bharat Bandh on September 28 to oppose US retail major Walmart's acquisition of Flipkart. CAIT…
Walmart India Activates UPI on its B2B e-commerce Platform
Walmart India, wholly owned subsidiary of Walmart Inc., today announced that UPI Payment Interface (UPI) is now live for all its registered members…
Walmart India to add 1,000 employees to strengthen its tech operations
Walmart has planned to rope in 1,000 more people to strengthen its technology operations in India, as the world’s largest retail firm continues to…
Walmart India gets half of biz via non-store sales
US retail major Walmart is now getting nearly half of its business through non-store or out-of-store sales channels, which include B2B e-commerce,…
Walmart may stretch further the Flipkart deal to close
US retail giant Walmart is giving itself more leeway to close the acquisition of a 77%-stake in India’s largest online retailer Flipkart, according…
Walmart launches new delivery service to challenge Amazon Prime
In an effort to upscale its e-commerce offerings and compete with American e-commerce giant Amazon, Walmart Inc is starting new delivery service…
Walmart India, Flipkart top executives meet CCI
Seeking approval for the mega-merger of $16-billion deal, top executives of Walmart India and Flipkart met fair trade regulator Competition…
Walmart may put $ 3 bn more in Flipkart to Buy 85% stake
Having conquered 77 percent of the Flipkart’s stake in $ 16 billion deal, Walmart may invest $3 billion more in the Indian e-commerce company, the…
Flipkart Won't Change Into Walkart: Doug McMillon
After acquiring 77 per cent stake in Flipkart, the Walmart CEO Doug McMillon said that the company's name won't be changed to Walkart. The CEO…
Post-Flipkart Deal Walmart Plans 50 new India Outlets in 4-5 yrs
A day after announcing USD 16 billion investment in India's largest online retailer Flipkart, Walmart Inc has announced to strengthen its wholesale…
Assocham gives thumbs up to Flipkart Deal, Traders oppose
Walmart's acquisition of homegrown online retailer Flipkart for USD 16 billion today faced opposition from traders and an RSS affiliate, though…
Deal Among Best Decisions By Flipkart: Walmart CEOWalmart CEO Calls deal the best decisions by Flipkart
Soon after adding Flipkart to its shopping cart at a $16 billion price tag, Walmart CEO Doug McMillon told the e-retailer's employees that the deal…
Walmart-Flipkat Deal Sets High Benchmark for Global Firms In India
Walmart’s acquisition of Flipkart has set a new benchmark for those who want dominance in India’s sought-after e-commerce market, literally the…
Walmart acquires Flipkart for $16 bn in world’s largest ecommerce deal
Walmart Inc. on Wednesday announced its high profile acquisition of Flipkart for $16 billion for a valuation of over $20 billion, making it the…
Walmart India cuts losses by 27% in FY17
Walmart India has claimed to have narrowed its losses by almost 27% during FY17 compared to the 12 months in the previous fiscal, according to its…
Sainsbury To Acquire Walmart's UK Unit for $10.1 billion
Sainsbury's has decided to acquire Walmart Inc.'s U.K. unit, Asda, for 7.3 billion pounds ($10.1 billion) in cash and stock in a deal that would…
Walmart joins hands with Postmates to expand online grocery delivery
Walmart Inc has claimed to have partnered with delivery service Postmates Inc in Charlotte, North Carolina, as part of the retailer's plan to…
Walmart May Acquire Flipkart Stakes For $10-12 Bn
US retail giant Walmart has completed a thorough due diligence process on e-commerce firm Flipkart this week, as the retailer looks to take a…
Amazon Vying Walmart For Buying Stake In Flipkart
The homegrown e-commerce major Flipkart's board has given it a nod to engage with rival Amazon for a possible stake sale, sources close to the…
Walmart Opens First High-tech Small Sized supermarket In China
The US retail giant Walmart Inc has opened its first small high-tech supermarket in China enabled with mobile payment for items that are mostly…
FedEx To Roll Out 500 More Stores Inside Walmart
Package delivery company FedEx Corp has announced to  open 500 FedEx Office stores inside Walmart Inc's U.S. locations, a partnership intended to…
Walmart To Counter Amazon With Home Delivery Option
The US based Walmart Inc. has planned to expand its grocery home delivery services to more than 100 metro areas from an existing six cities as a…
Walmart To Add More Private Label Brands To Boosts Its Clothing Biz
In an endeavour to make deeper inroads into the apparel space and compete against rival Amazon.com, Walmart Inc. has decided to launch four private…
Walmart, Metro, McDonald's among India's 10 best workplaces in 2018
Cash and carry firm Walmart India, Metro Cash & Carry and fast food major McDonald's have been enlisted as the top ten retail companies in…
Walmart in talks to buy 40% of Flipkart's Stakes
The U.S retailer Walmart Inc is planning to get a stake of more than 40% in the Indian e-commerce firm Flipkart, a direct challenge to Amazon.com…
The store brands or in-house brands are brands owned by a retail store & are termed as Private Labels.
The store brands or in-house brands are brands owned by a retail store & are termed as Private Labels.  Private labels usually deliver better…
20 new sites signed up to open stores from next year by Walmart India
Walmart India has signed 20 new sites and will start new stores from the next year. Walmart which runs 21 Best Price wholesale stores in nine…
Walmart to open 15 outlests in Maharashtra with an investment of Rs 900 crore
American retail chain, Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra, the state government said.…
Walmart committed to expand cash and carry business in India
Walmart CEO Doug McMillon met Prime Minister Narendra Modi in Washington D.C on Sunday immediately after attending CEOs Roundtable with Mr Modi at…
eBay to price match with major retailers on over 50000 items
E-commerce giant, EBay Inc has announced that it would match top rival's prices for a number of popular products in an effort to attract customers.…
Wallmart’s startup investment arm appoints Jenny Fleiss, as CEO, for its first portfolio company
WalMart Stores Inc, has announced that its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of…
Walmart aims to reduce its absolute Scope 1 and 2 emissions by 18% by 2025
Walmart, during its annual Milestone Summit, launched a sustainability platform inviting suppliers to join the company in committing to reduce…
P&G ties up with Future Group for joint sales forecasting and planning
Procter & Gamble (P&G), one of the world's biggest consumer goods company, has tied up with Future Group for joint sales forecasting and…
Walmart to open 50 stores in UP and Uttarakhand in next 3-4 years
Global retail giant Walmart is looking to locate nearly half of its 50 stores in the country in Uttar Pradesh and Uttarakhand as it seeks to ramp up…
Spencer's set to launch its private apparel brand 2BMe
Spencer's Retail is set to launch its private label brand in apparel, 2BMe, in order to improve margins and turn profitable on a net level while it…
Walmart launches in-store tax refunds
Wal-Mart is tempting consumers with a unique way to get cash on the spot at Wal-Mart stores. The retail giant has launched a new program, Walmart…
Wal-Mart to open 50 cash-and-carry stores
Wal-Mart India, the wholly owned subsidiary of the world’s leading retailer Wal-Mart Stores, plans to open 50 cash-and-carry stores in the country…
Walmart invests Rs 1,328 crore in India
US-based grocery retailer Walmart has invested Rs 1,328 crore in its Indian unit and it indicates its aggressive growth plans for India, despite…
Wal-Mart launches new company in India
Global retail giant Wal-Mart has registered a new company in India in a bid to tap multi-brand retail market in India with a new partner. According…
Walmart India appoints CEO
Wal-Mart Stores announced that Krish Iyer will be President and CEO of Walmart India, with effect from January 20, 2014. Scott Price, President…
Wal-Mart and Bharti Enterprises end JV
Bharti Enterprises and Wal-Mart Stores, Inc. has announced  that they have reached an agreement to independently own and operate separate business…
RIL takes Bharti Retail to court
Reliance Fresh has filed a case against Bharti Retail and took it to court over misleading price comparisons, thus causing tension between the two…
Savemax to invest Rs 2000 crore
  Savemax which was established in 2011 is an upcoming multi brand FMCG retail chain providing wide range of food items like fruits, vegetables…
Parliament approves FDI
  India’s parliament on Friday rejected opposition's motion against FDI in retail and approved the government’s plans to allow international…
@WalmartLabs expands
Wal-Mart Stores, Inc is on an expansion spree for @WalmartLabs and has entered Bengaluru by moving into a new facility and hiring 100 developers. A…
Walmart empowers women workers
The retail giant, Walmart, has launched a training and education programme for 60,000 women working in its factories in India, Bangladesh and China…
Walmart soon in Hyderabad
The US-based retailing giant, Walmart, plans to make its debut in Hyderabad with a Best Price wholesale outlet at Shivrampally near the…