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Tag: Walmart india

Retail Asia25/04/2017
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Living

Walmart India weighing food retail possibilities

1min0
Walmart India is “evaluating” new foreign direct investment (FDI) guidelines for the food retail space. This follows the government permitting 100 per cent FDI in the sector. Walmart India president/CEO Krish Iyer describes the government’s decision as a good step. “It’s a very noble objective in terms of being able to double farmers’ income and […]
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Retail Asia24/02/2016
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General

Walmart India ramps up investment

3min0
US-retail giant Walmart is investing between $240m and $300m to bolster its presence in India by expanding its number of stores from 21 to 70 by 2020. “We have a cash-and-carry model, and the growth has been good for us,” Walmart India VP and head of corporate affairs Rajneesh Kumar told Retail Update. “Each store […]
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Retail Asia21/09/2015
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Logistics

Omni-channel to be the next big play in retail

8min
“I haven’t seen such a behaviour in other South East Asian markets. While businesses in countries like Taiwan, Thailand and Philippineshave adopted e-commerce in a big way, there is a clear focus on bottomline. Money is being made on every transaction and majority of the companies there are gross margin positive,” said Iyer at the […]
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