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Devendra Chawla, EVP & COO, Walmart

Walmart India, wholly owned subsidiary of Walmart Stores Inc., has appointed Devendra Chawla as EVP & Chief Operating Officer.Chawla will lead Merchandising, Marketing, and Omnichannel functions for Walmart India’s Cash & Carry business and will report to Krish Iyer,...

Walmart to boost digital footprint

Aiming to make shopping faster and easier for millions of customers, cash-and-carry major Walmart on Tuesday announced a five-year strategic partnership with Microsoft.Already using Microsoft services for critical applications and workloads, Walmart will now embark on a broad set...

Walmart to sell Japanese supermarket chain Seiyu: Nikkei

U.S. retailer Walmart Inc has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikkei business daily reported on Thursday.According to Nikkei report: The unit is expected to fetch 300...

Partnership with Flipkart to provide marketplace for thousands of suppliers: Walmart India

Cash-and-carry major Walmart India on Monday said that its partnership with e-commerce giant Flipkart will provide thousands of local suppliers and manufacturers access to consumers through the marketplace model.Walmart India's statement comes on a day, when traders across the...

Walmart deal will be cancerous to retail trade, says CAIT

The Walmart-Flipkart deal will be cancerous for the Indian retail industry, the Confederation of All India Traders (CAIT) has said in a letter to Finance Minister Piyush Goyal.According to a PTI report: CAIT said that its letter has also...

CAIT threatens nationwide agitation over Walmart-Flipkart deal

Retail trader body Confederation of All India Traders (CAIT) has threatened nationwide agitation if the government clears US $16 billion Walmart-Flipkart deal."Since last five years we are knocking the doors of the government for bringing reforms in e-commerce but...

Competition Commission of India may suggest structural changes in Walmart-Flipkart deal

Fair trade regulator CCI might recommend structural changes to the proposed US $16 billion Walmart-Flipkart deal to address possible competition concerns, according to officials.According to a PTI report: The Competition Commission of India (CCI) might also take cues from...

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...

Commerce ministry forwards complaint of FDI policy violation by e-comm companies to ED, RBI: CAIT

Traders' body CAIT on Thursday said the commerce and industry ministry has forwarded its complaint with regard to violation of FDI policies by e-commerce firms to the RBI and Enforcement Directorate (ED) for necessary action."Enforcement Directorate and Reserve Bank...

Advent International to acquire majority stake in Walmart Brazil

Walmart and Advent International, one of the largest and most experienced global private equity investors, announced that Advent has agreed to invest in a majority stake in Walmart Brazil to strengthen the business and position it for long-term success.Under...
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Nautica India onboards Ayushmann Khurrana as brand ambassador

Khurrana will spearhead the brand's latest Spring Summer collection campaign which will be visible across regions nationally Bengaluru: E-commerce marketplace Myntra...
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