walmart
Food
Walmart India appoints Sameer Aggarwal as Chief Business Officer
IANS -
Walmart India on Monday announced the appointment of Sameer Aggarwal as its Chief Business Officer with immediate effect.The company said in a statement that its Chief Operating Officer Devendra Chawla has resigned "to pursue other opportunities outside Walmart India".Aggarwal...
Retail
Binny Bansal resigns as Flipkart CEO
IANS -
Flipkart Group Chief Executive Officer (CEO) Binny Bansal resigned on Tuesday over an alleged 'serious personal misconduct', the company said."Bansal's decision to quit came after an independent investigation done on behalf of Flipkart and Walmart into an allegation of...
Retail
Flipkart Internet narrows losses to Rs 1,160.6 cr for FY18
E-commerce major Flipkart Internet has trimmed its consolidated losses to Rs 1,160.6 crore for the financial year ended March 2018, as per regulatory documents.According to a PTI report: The company had registered a total loss of Rs 1,640.2 crore...
Retail
Global Retailers in India: Moves, leaps & hurdles
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
Retail
Amazon, Flipkart clock Rs 15,000 crore in just 5 days of festive sale
E-commerce companies in the country are estimated to have raked in sales worth Rs 15,000 crore in about five days of their festive sales with giants like Amazon India and Flipkart claiming stellar show across categories like smartphones, large...
Fashion & Lifestyle
Walmart acquires lingerie brand Bare Necessities
Walmart has acquired lingerie brand Bare Necessities."Customers are starting to see a different experience when they shop Walmart.com for fashion. The shopping experience is clean and modern. We’re offering editorial content to inspire customers. And, we’re significantly expanding our...
Retail
Big Billion Days sale: Flipkart adds 30,000 seasonal positions ahead of festive sale
E-commerce major Flipkart Monday said it has added 30,000 jobs in its supply chain and logistics operations, ahead of the festive sale where the Walmart-backed company will compete head-on against rival, Amazon. Flipkart, which will hold the fifth edition...
Fashion & Lifestyle
Walmart acquires plus-sized clothing brand ELOQUII
Walmart Inc on Tuesday said that it is planning to acquire plus-sized clothing startup ELOQUII.According to Andy Dunn, SVP of Digital Consumer Brands, Walmart US eCommerce, "This year, we’ve made great progress adding new brands, developing exclusive products, and...
Food
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:...
Retail
Flipkart Big Billion Days Sale: What Walmart-backed company has done ahead of festive sales
Flipkart has significantly expanded its infrastructure and delivery operations ahead of the festive sale, an investment that the Walmart-backed company believes will help further strengthen its capabilities in the long-term.According to a PTI report: Flipkart, which will host its...
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Arvind Ltd Q4 profit rises 7.32% at Rs 104.42 crore
Consolidated revenue from operations during the quarter under review stood at Rs 2,074.51 croreNew Delhi: Textiles manufacturer Arvind...
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