Walmart to sell majority stake in Japanese supermarket Seiyu to KKR and Rakuten
JAPAN – American multinational retail corporation has announced plans to sell a majority stake in…
Walmart
US retail giant Walmart rolls out new stores integrating online and offline shopping
US — US retail giant Walmart has started rolling out new test stores that function…
Walmart sells its Europe outpost Asda to Issa billionaire brothers for US$7.97bn
EUROPE – Walmart has sold its last major outpost in Europe, Asda, to two billionaire…
Walmart, Cargill and McDonald partner to invest US$6m in grazing initiative by WWF
USA – The Walmart Foundation alongside Cargill and McDonald’s are teaming up on a cross-industry…
South African retailer Massmart gets US$230m backing from parent company Walmart
SOUTH AFRICA – South African retailer Massmart has received a R4 billion (US$230m) inter-company loan from…
Walmart launches Express Delivery for doorstep deliveries in less than two hours
USA – Walmart has launched Express Delivery, a new service that delivers food, groceries and…
Walmart’s Massmart to close non-performing stores in South Africa
SOUTH AFRICA– South African retailer Massmart has decided to close all of its non-performing stores,…
Walmart and Flipkart invest in Indian fresh produce supply chain startup Ninjacart
INDIA – Walmart and Flipkart have announced a joint strategic investment in supply chain start-up…
Nestlé, Walmart and Borealis join New Plastics Economy as core partners
USA – Nestlé and Walmart and Australian chemical firm, Borealis, have joined the New Plastics…
Walmart chief executive for US Greg Foran to step down early 2020
USA – Walmart Inc has announced that its chief executive in charge US operations, Greg…
Walmart pilots blockchain technology to strengthen seafood supply chain in India
INDIA – American eCommerce and retail firm, Walmart is piloting block chain technology for end-to-end…
Newly appointed Massmart CEO Mitchell Slape to assume office from September
SOUTH AFRICA – Massmart, Walmart owned South African retailer, has announced that the newly appointed…
Massmart Holdings subsidiary Game stores opens new branch in Kenya
KENYA – Game Stores, a subsidiary of South Africa’s retail giant Massmart Holdings, has opened…
Massmart appoints Walmart veteran Mitchell Slape as new CEO
SOUTH AFRICA – Massmart, Walmart owned South African retailer, has announced the appointment of Mitchell…
Walmart to launch US$104m food distribution and ecommerce center in China
ASIA – The world’s leading ecommerce and retail firm, Walmart is set to launch its…
Flipkart CEO Binny Bansal resigns after personal misconduct investigation
INDIA – Walmart owned Flipkart’s Chief Executive Officer (CEO), Binny Bansal has resigned from the…
Walmart to offload 570 office workers onto outside company
USA – Walmart, the American multinational retail corporation is transferring 570 workers from finance and accounting…
Walmart India to invest US$500m in opening 47 more stores by 2022
INDIA – Walmart India has unveiled plans to invest US$500 million to open another 47…
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,…
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…
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…
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…
Walmart India opens its second fulfilment centre in Lucknow
INDIA – Walmart India has opened its second fulfilment store in Lucknow, Uttar Pradesh with…
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…