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Tuesday, June 02, 2020

Walmart

WALMART NEWS

Walmart India elevates Sameer Aggarwal as CEO

March 25, 2020 6:06 pm

Aggarwal, who was elevated as Deputy CEO earlier in January this year, has now been promoted to Chief Executive Officer of Best Price, Walmart India, effective from April 1, Walmart said in a statement.

Flipkart-Walmart deal: NCLAT dismisses CAIT plea against fair trade regulator’s nod

March 13, 2020 1:14 am

The combination, thus, the NCLAT observed, would not result in any abuse of dominant position in market.

Walmart International sales up 2.3% as Flipkart boosts e-comm numbers

February 19, 2020 4:14 am

Net sales at Walmart International increased by 2.3 per cent year-on-year (y-o-y) to $33 billion in Q4FY20, the US-based retailer said in a statement.

Gunman dead, 2 officers hurt in shooting at Arkansas Walmart

February 11, 2020 10:28 am

The mayor heaped praise on the officers. "Due to their heroism and quick response, no civilians were injured," Forrest City Mayor Cedric Williams said. Walmart spokesman Scott Pope said the company was helping with the police investigation. Walmart is based in Bentonville, Arkansas.

Flipkart formally brings down curtains on Jabong, to focus on Myntra: Report

February 05, 2020 7:26 pm

As per the latest development, the Jabong web portal and the app will be redirected to Myntra's shopping portal.

Walmart sacks 56 employees, including 8 top execs; says no plan to exit India

January 13, 2020 6:38 pm

In a statement, Walmart India President and CEO Krish Iyer said the company "remains committed" to growing its wholesale retail business in India.

Walmart, Flipkart to invest in Ninjacart

December 12, 2019 5:43 am

Founded in 2015, Ninjacart works with 20,000 farmers and supplies fresh produce to 60,000 retailers, according to its website.

Binny Bansal transfers $76-mn Flipkart shares to Walmart

December 03, 2019 2:46 am

Bansal sold about 539,912 shares in Flipkart Private to FIT Holdings SARL, Walmart’s Luxembourg-based entity that primarily controls its India businesses, documents sourced from the research firm showed.

Three killed in shooting at Walmart in Oklahoma

November 18, 2019 10:27 pm

The shooter is believed to be among those dead. The police said they received a call at 10 a.m about gun shots being fired at the Walmart near Highway 81 and West Plato Road.

Walmart to stop selling ammunition for handguns, assault-style weapons

September 04, 2019 8:17 am

The moves come exactly one month after a gunman walked into a Walmart store in El Paso, Texas, and killed 22 people. The tragedy put pressure on the nation’s biggest retailer — and a large seller of firearms and ammunition — to respond to the wave of mass shootings across the country.