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Walmart sources bicycles from India, partners Hero Ecotech

This initiative is a part of Walmart's commitment to triple exports out of India to $10 billion annually by 2027New Delhi: Global retail major Walmart has started sourcing bicycles from India by entering into a strategic partnership with Hero...

Walmart ties up with payment company PingPong

International sellers selling on Walmart’s marketplace can now choose PingPong to receive their payments Bengaluru: Multinational retail corporation Walmart has partnered with online payment processing platform PingPong, the tech company said in a press release on Monday. International sellers selling on...

Walmart looking at sourcing toys, shoes, bicycles from India

The company also wants to develop new suppliers in categories such as food, pharmaceuticals, consumables, health and wellness, and apparel and home textilesNew Delhi: US-based retail giant Walmart is looking to source toys, shoes and bicycles from Indian suppliers...

Flipkart launches exchange programme for used air conditioners

The limited-period programme enables customers to exchange their used air conditioners irrespective of where they were purchased Bengaluru: Walmart-backed e-commerce marketplace Flipkart has launched an exchange programme for used air conditioners on its platform, the company announced in a release on Wednesday. With...

Spencer’s Retail appoints Anuj Singh as CEO and MD

Singh’s appointment follows the resignation of former chief executive officer and managing director Devendra Chawla Bengaluru: Multi-format retailer Spencer’s Retail has appointed Anuj Singh as the new chief executive officer, barely months after Devendra Chawla quit the company. Singh will serve...

Flipkart’s net loss in FY22 up by 51% to Rs 4,362 even as the company’s revenue jumped 31%

Flipkart’s subsidiary Myntra’s loss went up by 46% in 2021-22.New Delhi: Flipkart Internet Pvt Ltd’s net loss has gone up by 51% to Rs 4,362 crore for the fiscal year ending March 2022 compared to a year earlier.However, Flipkart Internet,...

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...

Momentum in online, app-based sales to stay for retailers

Many large brick-and-mortar retail chains that switched to online during the lockdown have reported spike in sales from digital channels, and expect the momentum to continue as consumers prefer to order digitally despite restrictions are being eased. According to a...

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...

India Inc reacts to Budget 2020

Union finance minister Nirmala Sitharaman presented her second budget on February 01, 2020 at a time when the economic growth has plunged to a six-year low amidst a persistent slowdown in the economy followed by a weak demand. Here is how...
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Reliance’s Pret A Manger enters Noida

This will be the 14th India store from the companyNew Delhi: Freshly made food and organic coffee chain Pret A...
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