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Judith McKenna

Flipkart to focus on grocery & fashion biz, scaling loyalty program

Walmart-owned Flipkart on Thursday said it is working on scaling its loyalty programme, grocery and fashion business while continuing to invest in technology and infrastructure this year as it looks to strengthen its position in the burgeoning Indian e-commerce market. The company, which...

The Issa Brothers and TDR Capital to acquire Asda from Walmart

Walmart Inc., Asda Group Limited, the Issa brothers and TDR Capital announced that the Issa brothers, Founders and Co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and investment funds managed by TDR Capital...

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...

Walmart’s Chief Executive Judith McKenna lauds Flipkart team

World's retail giant Walmart International Chief Executive Judith McKenna on Friday lauded its Indian e-tail subsidiary Flipkart team for getting more customers to shop online and make their lives better."The leadership of the Flipkart team for its commitment to...

World Retail Congress 2019 collaborates with IndiaRetailing

World Retail Congress (WRC), the annual gathering place for global retail industry leaders, will be conducted from May 14 -16, 2019 in Rai Amsterdam, Netherlands.The theme of the three-day event for 2019 reflects what successful retail is today with...

Walmart acquires 77 percent stake in Flipkart Group

Retail giant Walmart Inc. on Saturday acquired approximately 77 percent stake in e-commerce major Flipkart.According to a statement, Walmart now holds approximately 77 percent of Flipkart, while the remainder of the business is held by other shareholders, including Flipkart...

Flipkart’s ecosystem true advantage to Walmart: Official

Walmart believes Flipkart's 'ecosystem' of businesses, including Myntra-Jabong and PhonePe which are part of its mega US $16 billion deal with the Indian company, could be a true advantage for the US-based retail giant.According to a PTI report: Judith...

Judith McKenna named President and CEO of Walmart International

Walmart Stores Inc. has announced that Judith McKenna will be promoted to President and Chief Executive Officer (CEO) of Walmart International, the company’s second-largest operating segment. She will be succeeding David Cheesewright, who has been in role since 2014...

Asda names McKenna as chief operating officer

Judith McKenna has been named chief operating officer of Asda, Britain’s second-biggest supermarket group by market share, succeeding former Tesco executive Simon King, who left after only six months in the post.Ms McKenna is Asda’s finance director and seasoned...
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Which technologies will fuel the next wave of growth in retail?

AI, IoT, Robotics, AR, VR, and Computer vision sensor fusion to play a key role as per a report...
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