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Walmart raises starting wages for US workers, handing out bonuses

Indiaretailing Bureau -
Walmart, the world's largest private employer, is boosting its starting salary for US workers to US $11 an hour, giving a one-time cash bonus of up to US $1,000 to eligible employees and expanding its maternity and parental leave...
Promotion

5 retail technologies that took the industry to the next level in 2017

Indiaretailing Bureau -
Tech-savvy retailers keep looking for new and innovative ways to connect with consumers all the time. They bring in technologies that reshape retail in interesting ways. 2016 saw the popularization of beacons, magic mirrors. Intelligent Automation became the essential new co-worker...
Food

Walmart changes official name as it ramps up its digital strategy

Indiaretailing Bureau -
Walmart on Wednesday announced it will change the company's legal name from Wal-Mart Stores, Inc. to Walmart Inc effective February 1, 2018. Walmart said it is changing its legal name as the company looks to emphasize its shift from a...
Retail Hub

Significant supply churn, more global and luxury brands line up in Pune

Mayank Sharan -
While the demonetization wave put a dampener on residential sales across India, the retail market was comparatively unaffected and showed good flexibility in terms of a steady consumer spending pattern. Pune’s retail market is receiving considerable investment attention from...
Food

Walmart tests shelf-scanning robots in 50 stores

Indiaretailing Bureau -
Walmart is rolling out robots to 50 stores by the end of January.. The robots go up and down the aisles, scanning for out-of-stock items, incorrect prices, and wrong or missing labels. Its part of Walmart’s plan to make...
Food

Why supermarkets are on a shopping spree

Pankaj Renjhen -
The recent acquisition of the Hypercity brand by Kishore Biyani’s Future Group is one of the many instances highlighting a key ongoing trend in the retail industry - cross-category consolidation. Retailers are increasingly exiting businesses that drag down their...
IRF 2017

Indian Retail needs industry status, says Walmart President & CEO, Krish Iyer

Indiaretailing Bureau -
The Indian retail industry needs to be conferred industry status to ensure that they get land and power at industrial rates to drive consumption and demand in the country, said President & CEO, Walmart India, Krish Iyer, on Tuesday...
Food

Walmart and Google team up to enter voice-shopping market

Indiaretailing Bureau -
Walmart and Google have announced a new partnership that will enable voice shopping through Google Assistant, Google’s virtual assistant that lives on devices like its smart speaker, Google Home. The world's largest retailer said Wednesday it's working with Google to...
Research

Walmart Gaining Traction – What Suppliers Need To Know

Indiaretailing Bureau -
The world's largest retailer has posted relatively strong results for the first quarter of the year, thanks to a surge in online sales. This continues the momentum generated by the retailer in the US over recent quarters. However, suppliers...
Food

Walmart to open 15 stores in Maharashtra; to invest Rs 900 crore

Indiaretailing Bureau -
American retail chain Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra, the state government said. "Walmart will open 15 additional modern wholesale cash and carry stores in the coming years by investing Rs...
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How Neha Kant is Championing Fashion Empowerment at Clovia

How a small town girl builds a business that gets acquired by India's retail conglomerate Reliance - valued at...
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