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Kiranas, MSMEs hop onto e-commerce bandwagon with Flipkart Wholesale app, Best Price cash-and-carry stores

Over a million small retailers in the country and hundreds of MSMEs continued to repose their faith on online platforms and digitisation as the entire retail ecosystem opts for e-commerce as a mode of doing business during the challenging...

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...

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...

Muted economic sentiment will move customers towards value purchase: Walmart India CEO

The current muted economic sentiment will drive customers more towards the value purchases, and online as well delivery sales in retail sector would continue to grow even after the lockdown, a top Walmart India official has said. According to a...

Sameer Aggarwal promoted as CEO of Best Price, Walmart India

Retail giant Walmart on Wednesday announced to promote Sameer Aggarwal as Chief Executive Officer of Best Price, Walmart India, saying that Krish Iyer has retired from full-time management and will assume the role of an advisor to Best Price,...

Covid 19: Retailers roll out steps to maintain social distancing, sanitisation at stores

Big retailers, which are presently dispensing only essential items amid the lockdown, are taking precautionary measures like restricted entry and marked lines to maintain social distancing to avoid coronavirus infection at their stores. According to a PTI report: Some stores...

Walmart eyes 10 pc revenue from private labels, 30 stores by 2019

Walmart India, which runs 22 Best Price wholesale stores, is planning to increase the share of its private labels to topline to 10 percent by next year as it plans to tap the Flipkart platform.According to a PTI report:...

Walmart in preliminary talks to invest $1 billion in Flipkart

Walmart Stores Inc. is in advanced discussions to invest as much as $1 billion into India’s Flipkart Online Services Pvt. Ltd in exchange for a minority stake in the Bengaluru-based e-commerce company, according to several reports. The move is being widely...

Massive fire breaks out at Walmart's Best Price store in Vijaywada

A massive fire broke out in Walmart's wholesale store, Best Price, near Vijaywada early on Saturday, police said. State Fire authorities quickly reached the store and brought the situation under control. No lives were lost in the incident. "A fire broke at our...
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Emerging Tier- 2 retail hotspots in North India

The report from CBRE South Asia states that the total retail stock in 14 tier-2 cities stood at 29...
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