Walmart India Stores

Flipkart is a stake Walmart has put down in a market where brick-and-mortar foreign retailers face stifling restrictions

Retail giant Walmart is laying off hundreds of employees at its e-commerce facilities across the US as part of an adjustment in staffing "to better prepare for the future needs of customers"

Flipkart says it would leverage the strong wholesale capabilities of the company and enable growth for kiranas and MSMEs

The firings mostly affected executives in the company's real estate division because the growth in the wholesale model has not been that robust

Walmart has plans to add 50 new stores by 2022 to take the total store count to 70.