Walmart India

Walmart India to invest $500 million to open 47 more stores by 2022, says CEO Krish Iyer

Walmart opened its 23rd wholesale store in Visakhapatnam on Wednesday, is in the process of setting up a second store in Visakhapatnam and discussions are underway for land.

Walmart India plans to increase share of private labels to 10%, 30 stores by 2019

Walmart India closed fiscal 2017 with a topline of Rs 3,609 crore, up around 14 percent, according to government filing.

Walmart to invest Rs 180 crore over the next five years to improve farmers' livelihood in India

Walmart will also seek to source from a local farmer producer organisation in every state where it has stores.

Walmart plans to create 30,000 jobs in Uttar Pradesh by setting up 15 stores in the state

In the UP Investment Summit held earlier this year, Walmart India had signed a memorandum of understanding (MoU) with the state government to open 15 wholesale Cash and Carry stores

Walmart India gets half of business via out-of-store sales; US retail giant to open another fulfillment centre in Lucknow

Walmart India, a wholly owned subsidiary of Walmart Inc, operates 21 cash and carry stores here under the brand name of 'Best Price' in 9 states across the country.

Walmart India CEO Krish Iyer demands 'industry' status for retail sector, says it can create millions of jobs

India needs to create a million jobs every month for the next 10 years to ensure that its youth are fully employed.

Walmart to invest Rs 900 cr to open 15 outlets in Maharashtra, create 30,000 jobs

Walmart India currently owns and operates 21 best price modern wholesale membership clubs across nine states, offering nearly 5,000 items

Walmart India says may actively look at 'food-only' retail model

For Walmart India, food retail in the cash and carry business accounts for more than 65 percent of business

Opening cinema, malls 24x7 will create more jobs; retailers gung-ho about new law

The Cabinet’s decision to clear the Model Shops and Establishment Bill will bring parity in laws across India, the retailers said, but added its success will depend on states adopting it.

Will have 50 stores in India over next 5 years, says Walmart

Organised retailers like Shoppers Stop and Walmart have drawn up huge investment plans to expand their physical and online presence as the industry faces dwindling sales and profits.