SOUTH AFRICA – Shoprite’s grocery unit Checkers has come to the rescue of South African retailer Massmart, by entering into…
Read MoreMassmart disposes non-core food units to Shoprite’s Checkers for US$89m
Tag: Walmart
Walmart-owned Flipkart to invest in grocery, last mile delivery after raising US$3.6B in latest funding round
INDIA — Flipkart, a rapidly expanding e-commerce giant backed by Walmart, has raised US$3.6 billion in the latest funding round led…
Read MoreWalmart debuts private label beef in US as avocado consumption hits record highs
US – American multinational retail corporation Walmart has debuted a private label beef line called McClaren Farms in stores across…
Read MoreMassmart shifts to bigger, upgraded Distribution Center enhancing service delivery
SOUTH AFRICA – South African retailer Massmart, has built a new state-of-the-art Distribution Centre (DC) in Brackenfell, Cape Town, featuring…
Read More7 food companies featured in Times 100 most influential companies
US – 7 food companies have been featured in TIME100 Most Influential Companies, a new list—and an expansion of Time…
Read MoreWalmart’s Massmart to review operations outside Southern African region, offloads non-core businesses
SOUTH AFRICA – Massmart, Walmart owned South African retailer with presence in 13 countries in Africa has indicated that it…
Read MoreIndia targets Amazon, Walmart with new Ecommerce laws as Tata seeks CCI approval to acquire BigBasket
INDIA – India is targeting Amazon and Walmart with new laws that seek to clip their influence on India’s US$1…
Read MoreRetail giant Walmart to invest US$350bn in US manufacturing to revive economy, create jobs
US – American multinational retail corporation Walmart has announced plans to invest upwards of US$350 billion in US manufacturing over…
Read MoreWalmart Canada partners delivery-only restaurant Ghost Kitchen Brands as US unit expands express delivery service
CANADA – Delivery-only restaurant Ghost Kitchen Brands has partnered with Walmart Canada to bring one-stop meal pickup and delivery service…
Read MoreTsuneo Okubo to take charge of Seiyu as Investment firm KKR becomes majority shareholder
JAPAN – Seiyu’s shareholders confirmed the appointment of Mr. Tsuneo Okubo as CEO even as the Japanese retail chain confirms…
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