Gap is the first fashion retailer to partner with Walmart in the home space, delivering a multi-year partnership to offer timeless American style for modern living.…
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Walmart acquires virtual try-on tech firm Zeekit
U.S. retail giant Walmart announced that it plans to acquire Israeli virtual fitting room company Zeekit, for an undisclosed sum, as the American company homes on improving the customer experience acr…
KKR and Rakuten to acquire majority stakes in Seiyu from Walmart
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.…