Walmart unveils new last-mile delivery pilot to expand its grocery delivery services

USA - The American retail corporation Walmart has announced a new last-mile delivery pilot programme, Spark Delivery that will see timely grocery deliveries from their stores to customer’s front doors. Walmart is rolling out the system in Nashville and New Orleans with more launches to come in more metropolitan areas this year. The crowd-sourced delivery…

Competition Commission of India clears Walmart’s US$16bn Flipkart acquisition

INDIA- The Indian regulator has approved Walmart’s US$16 billion acquisition of India’s largest e-commerce firm Flipkart, its biggest takeover ever in a fast growing retail space. In May, Walmart announced the acquisition of 77% stake of Flipkart to beef up competition against its rival Amazon who acquired Whole Foods, the American organic products retailer for…

Walmart India plans 1,000 technology hires to build up ecommerce stronghold

INDIA - Walmart India is planning to hire about 1,000 people for technology operations in India as it embarks on its technology strategy to boost ecommerce platform in and outside India. ET Retail report indicated that Walmart has technology operations in Bengaluru and Gurgaon and currently has about 1,800 employees. The move is vital for…

Walmart to create 30,000 jobs with 15 new stores in Uttar Pradesh

INDIA - Walmart India plans to set up 15 stores in Uttar Pradesh that will see the creation of more than 30,000 local jobs after earlier identifying the state a growth priority area. This forms part of the Memorandum of Understanding signed between the retailer and the state government to open 15 wholesale Cash and…

Walmart India opens its second fulfilment centre in Lucknow

INDIA - Walmart India has opened its second fulfilment store in Lucknow, Uttar Pradesh with a goal to expand its wholesale presence in India, according to an article in the Economic Times. The centre aims to speed up operations and directly deliver grocery and general merchandise to Walmart's registered members of kiranas, hotels and other…

Walmart to open six stores in Northern India in ‘priority growth’

INDIA - The US multinational retailer Walmart Inc. is set to open six more stores in Uttar Pradesh expanding its footprint in the northern part of India as it forms part of its ‘priority growth’ region. ET Retail reported that the new stores will add to the already existing four outlets it operates in the…

Walmart looking to appoint foreign executives as CFO after it completes Flipkart acquisition

INDIA - Walmart Inc., the world’s largest retailer is looking to appoint foreign executives as Chief Financial Officer (CFO), legal counsel and compliance officer at Bengaluru-based Flipkart once it completes the acquisition transaction. Revealing sources familiar with the matter, ET Retail has reported that Walmart may consider hiring from its Asda unit in the UK,…

Walmart partners with Microsoft to boost ecommerce against Amazon

USA - Walmart Inc., the American chain of hypermarkets has entered into a strategic partnership with Microsoft Corp for wider use of cloud and artificial intelligence technology that for faster, convenient and easier shopping by customers at its stores. The five-year agreement will see Walmart utilize Microsoft’s cloud solutions, which is Microsoft Azure and Microsoft…

Walmart plans to exit Japan with sale of its supermarket chain Seiyu

JAPAN- The US multinational retailer Walmart Inc. is looking to exit the Japanese market with the sale of its supermarket chain Seiyu for between US$2.7 billion and US$4.5 billion, Nikkei business daily reported without citing source of information. The move comes in the middle of persistent deflation, competition and rising ecommerce from online retailers such…

Walmart starts dairy production with own milk plant in Indiana

USA - The American multinational retail corporation, Walmart has inaugurated a new dairy processing plant in Fort Wayne, Indiana, its first food production facility in the United States. The facility will produce liquid milk sourced from 30 dairy farms in Indiana and Michigan, serving some 500 Walmart stores in Illinois, Indiana, Ohio, Michigan and Northern…