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41. Flipkart restructures operations with 7 % reduction in workforce
(Retail)
Walmart-owned Flipkart is restructuring its operations by trimming its workforce by around 7 per cent by April this year. The e-commerce company has also frozen fresh hiring since the past year to control ...
Created on 08 January 2024
42. Adidas expands global presence with cutting-edge centre in Chennai
(Apparel)
... re extends beyond the sportswear industry, as it hosts major players in diverse sectors. Retail giants Walmart and Amazon, have already established their centers in the city. As Adidas steps into the dyna ...
Created on 04 January 2024
43. Entrepreneur Binny Bansal starts new e-commerce startup OppDoor
(Retail)
... by Walmart into his personal misconduct. Since then, he has been an active investor in Indian startups such as Curefoods, PhonePe and Acko. He is also one of the biggest investors in the early-stage fund ...
Created on 04 January 2024
44. Flipkart Internet’s operating revenues surge by 42% in FY’23: Tofler
(Retail)
... expenses rose to Rs 2,407 crore from Rs 1,945 crore. As per a report by the Economic Times, Flipkart is plans to raise $1 billion, with parent Walmart committing to inject $600 million. This would be ...
Created on 28 December 2023
45. On 18% growth trajectory, Indian e-commerce powers through
(Retail)
... and hyperlocal delivery. Currently, the major investors in India are Amazon, Flipkart, Zomato, Nykaa, and Snapdeal, amongst others. Walmart upping its share in Flipkart to 80.5 percent in July 2023 ...
Created on 21 December 2023
46. India's online retail market expected to touch $160B by 2028: Report
(Retail)
... ing potential of India's online retail sector, major players such as Amazon, Flipkart backed by Walmart, and Reliance Retail's Ajio are stepping up investments. Amazon, for instance, has announced a subst ...
Created on 14 December 2023
47. Flipkart and Amazon to Launch Annual Flagship Sales on October 8
(Start-Up)
...  to both sales events. Background For Flipkart, which is backed by Walmart, the significance of Big Billion Days cannot be overstated. This event accounts for a significant portion of the company's annu ...
Created on 30 September 2023
48. Focus on plus size inclusivity in brand portfolios and social acceptance
(Lifestyle)
... global markets, many renowned brands have added plus sizes to their existing portfolio. Mid-segment brands like Walmart have launched a new plus-size brand named Terra and Sky in 2018. Other high-street ...
Created on 20 September 2023
49. Reliance Retail in talks with Sovereign Wealth Funds for securing investments
(Retail)
... s. Nuances The company is already facing stiff competition from Amazon and Walmart's Flipkart in India. The investment from sovereign wealth funds would help Reliance Retail to expand its operati ...
Created on 20 September 2023
50. India's Growing Kids' Apparel Market
(Article)
... ms, such as Amazon, Walmart, and Target, are increasingly favored by kids for their convenience and wide product offerings. Sustainable and Organic Fashion Growing environmental consciousness has le ...
Created on 26 July 2023
51. Walmart ...
(Tags)
Walmart ...
Created on 05 April 2022
52. Walmart realigns business strategies to deal with COVID-19-led challenges: Suresh Kumar, EVP, CTO & CDO ...
(Article tagged with: Walmart)
31th August 2021, Mumbai: Suresh Kumar, EVP, CTO & CDO, Walmart says, the company is realigning its business strategies to deal with complex business challenges created by COVID-19. The company is committed ...
Created on 31 August 2021
53. Walmart revises net sales guidance for FY’24 ...
(Article tagged with: Walmart)
Walmart has adjusted its net sales guidance for FY24, forecasting a range of 5 to 5.5 per cent, with adjusted earnings per share expected to fall between $6.40 and $6.48 in the same period. The delayed ...
Created on 20 November 2023
54. Walmart to divest 25 per cent stake in Flipkart ...
(Article tagged with: Walmart)
    US retail player Walmart plans to divest 25 per cent stake in Flipkart and will float a $10 billion Flipkart IPO in the US. Walmart roped in investment bank Goldman Sachs to explore the Flipkart ...
Created on 07 December 2020
55. Walmart to focus on Flipkart, PhonePe development  ...
(Article tagged with: Walmart)
14 March 2022, Mumbai: Instead of opening direct-to-consumer stores in India, American retail giant Walmart will focus on growing its online marketplace Flipkart and payments major PhonePe. The retailer ...
Created on 14 March 2022
56. Walmart to increase India exports to $10billion ...
(Article tagged with: Walmart)
Walmart Inc plans to increase its exports from India by almost three times to $10 billion by 2027. The retailer currently exports $3 billion worth apparels and textiles form India. The rise in exports ...
Created on 11 December 2020
57. Walmart to invite Indian sellers to join marketplace community ...
(Article tagged with: Walmart)
22 JANUARY 2022, Mumbai : American retail giant Walmart plans to invite select Indian sellers to join its Walmart Marketplace community that serves over 120 million shoppers a month. As per a Fashion ...
Created on 22 January 2022
58. Walmart: Kicks In Virtual Fitting Room Tool ...
(Article tagged with: Walmart)
04 March 2022, Mumbai: For its online apparel buyers, Walmart has launched a new virtual fitting room. The debut comes roughly nine months after Zeekit, an Israeli virtual try-on technology business, ...
Created on 04 March 2022
59. Walmart's Diversification Strategy Boosts India's Manufacturing Sector ...
(Article tagged with: Walmart)
02 December 2023, Mumbai In a strategic move to diversify its supply chain and reduce reliance on Chinese vendors, Walmart, the retail behemoth, is ramping up imports from India. The company's import ...
Created on 02 December 2023