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

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...

The Reinvention of Walmart's E-Commerce: Report

While still early in this strategic shift, Walmart is significantly better positioned today to compete in online retail than it was at the start of 2016. Over the past year, Walmart added 19 million SKUs to its online assortment through...

Is India GST-ready? Here's what India Inc has to say

India has adopted its most comprehensive indirect tax reform, the Goods and Services Tax (GST) – on July 1, 2017. It is expected that the GST will help remove tax barriers between states, creating a single market. The roll-out...

Walmart to benefit from GST in India, says Krish Iyer

Walmart will be benefited by the Goods and Services Tax (GST) which will be a win-win situation for all, the American retail giant's top official in India said as the landmark tax reform measure is all set to be...

Walmart to acquire Bonobos; appoint Andy Dunn to oversee exclusive consumer brands offered online

Walmart announced that it has entered an agreement to acquire Bonobos, one of the leading apparel brands built on the Internet, for US $310 million in cash. Following the closing, Founder and CEO of Bonobos, Andy Dunn, will report...

Pune’s Retail Real Estate Sector: The Game Gets Real

While the demonetisation 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...

Target begins testing Target Restock, its next-day delivery service

Target Corp announced in their company blog this week that it would launch next-day delivery service of household goods, which is an effort to better compete with Walmart and Amazon. According to the company, they have created Target Restock to save...

Sneak Peek: Inside Walmart's Newest Tech-Enabled Store

As shopper preferences shift towards small stores and quicker shopping trips and sales move online, big boxes are under pressure to provide consumers with a differentiated experience to drive them into stores. Walmart's newest super center in Lake Nona,...

Report: Walmart outlines strategy for combating discounters

At the Bank of America Merrill Lynch 2017 Consumer & Retail Technology Conference, Walmart offered insight into its strategy for competing with Aldi and Lidl. Walmart CEO, Doug McMillon summed up the plan as finding disadvantages the discounters have...

Walmart to open 50 new stores in India

Global retail giant Walmart will set up 50 new stores across India, including 10 in Telangana, over the next three to four years, a top company official said on Saturday. The US retailer signed a Memorandum of Understanding (MoU) with...
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Myntra to sell Victoria’s Secret’s online in India

By joining forces with Myntra, we can leverage their expertise in e-commerce and digital marketingNew Delhi: Global fashion and lifestyle...
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