Walmart Inc., KKR & Co. Inc. and Rakuten, Inc., announced the signing of definitive agreements under which KKR will purchase a majority stake, and a new Rakuten subsidiary will purchase a minorit…
Walmart selling ModCloth and Bonobos
Walmart has reportedly considered the sale of ModCloth and Bonobos, two of its biggest e-commerce acquisitions of the past two years.…
What is the hot new “Boundaryless Retail” trend?
Boundaryless Retail is on the rise as Chinese consumers are quickly adapting to buying groceries online for immediate delivery from local offline stores.…
Walmart’s biometric shopping cart : new source for customer data
US retail giant Walmart has applied for a patent for a smart shopping trolley that can track a shopper’s heart rate, temperature, grip and walking speed.…
Walmart looks to exit Japan
U.S. retailer Walmart Inc (WMT.N) has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikkei business daily reported. …
Walmart now a major shareholder in Flipkart
Looking to take a majority stake of 51% in Flipkart, Walmart has completed a thorough due diligence process on the e-commerce firm Flipkart, as the US supermarket giant looks to take a controlling sta…
Walmart taps Rakuten for online delivery in Japan
Walmart has teamed up with Rakuten for the US supermarket’s new delivery service to be rolled out across Japan in the latter half of 2018.…
Walmart and JD.com plan shopping festival in August
Walmart and JD.com are set to launch a new online shopping festival for August 8, in an onmi-channel alliance that will see the two retail juggernauts link their supply chains and other operations.…
US retail giant Walmart launches flagship online store on JD.com
Walmart, the world’s largest retailer, is looking to provide same- and next-day deliveries to more than 600 million mainland Chinese consumers, with the opening of its own flagship online store on JD.…
Walmart wants to expand in China
Walmart Stores Inc said it aims to add 30 to 40 new stores in China including three to five Sam’s Club outlets this year as it seeks new retail models to cater to consumers’ changing shopp…