Maximize your media exposure with our single PR package
Value in omni-channel retail with Flipkart buying: Walmart
23 Sep 18 1 min read
With the acquisition of Flipkart, Walmart sees great value in omni-channel retail, although it will continue to focus on cash and carry business for the brick and mortar format in India, Walmart India CEO-president Krish Iyer told the Retail India Summit and Expo in New Delhi recently. It plans to open 50 cash and carry stores in India in five years, he said.
Walmart has 21 cash and carry stores now in nine Indian states along with two fulfilment centres in Lucknow and Mumbai.
Demonetisation has played an extremely important role in the formalisation of the economy, a news agency report quoted Iyer as saying. (DS)
Disclaimer - All News/Articles items are subject to copyright and no article either in full or part may be reproduced in any form without permission from Fibre2Fashion Pvt. Ltd.
Walmart has 21 cash and carry stores now in nine Indian states along with two fulfilment centres in Lucknow and Mumbai.
Demonetisation has played an extremely important role in the formalisation of the economy, a news agency report quoted Iyer as saying. (DS)
Fibre2Fashion News Desk – India
Popular News
|
Puma announces leadership changes in Central Europe & UK Divisions |
|
USDA predicts surge in global cotton supply for 2024-25 season |
|
Japanese firm Asics Corporation's sales soar 14.3% in Q1 FY24 |
|
UFLPA’s impact on US textile imports: A shift in global trade dynamics |
|
US textiles & clothing imports surge by volume in Jan-Mar 2024 |
|
NCTO outlines steps for US to reverse fall in textile manufacturing |