Page 15 - Walmart

US Justice Department sues Walmart for fueling opioid crisis in the country

The US Justice Department has sued Walmart, accusing the retail behemoth of allegedly fueling the opioid crisis in the country

Walmart to bring livestream shopping on TikTok to attract younger customers

This livestream shopping experience will take place on Friday at 8 p.m. EST on the Walmart profile page on TikTok

Walmart to commence deliveries with driverless trucks from 2021

Retail giant Walmart is planning to start deliveries with driverless truck in the US state Arkansas starting next year

What vaccine distribution planners can learn from Amazon and Walmart model

Fast fulfillment of uncertain demand is not unique to vaccine distribution. Amazon faces highly volatile demand for millions of products and yet is able to offer same-day and one-day delivery

Flipkart Internet revenue up 32% to Rs 6,318 cr; losses increase 19%

The revenue of the company is mainly generated from e-commerce, information technology-enabled services, marketplace and related support service

Over 5,000 employees from Walmart India joining Flipkart Wholesale

The e-commerce firm said job offers made to staff at Walmart India have been aligned to similar roles at Flipkart in terms of pay, responsibility and profiles based on industry best practices

Amazon Pay revenue grew 64% to Rs 1,370 crore, losses increase 61%

After the closure of the financial year 2019-20, the firm has revised authorised share capital from Rs 6,000 crore to Rs 16,000 crore in an extraordinary general meeting held in September this year

Top headlines: Tata's reject Mistry's offer; TVS changes ownership model

From Tatas rejecting Mistrys' settlement offer to divide Tata Sons' assets to Mittal, Musk betting on satellite broadband as telecom's new star, here are top headlines this morning

Walmart commits to sourcing $10 bn of India-Made goods each year by 2027

To accelerate its India exports, Walmart will strengthen the development of the supply chain ecosystem in India

Great leaders will make good policy decisions in India: Walmart CEO

McMillon said that competition with Amazon, Reliance, and Paytm is good as it will improve services, bring down costs for consumers and give additional value to producers

Walmart and other retailers battle 'bots' snatching up hot products

The new PlayStation 5 is among the products that resellers are snatching up using 'scalper bots'

Flipkart unveils 2GUD Local to connect offline retailers with customers

The new format will offer offline stores, brands an opportunity to unlock benefits of technology and social commerce hybrid retail model to reach millions consumers

Walmart to give 4th round of bonuses to workers since coronavirus

Walmart says for the fourth time during the pandemic it will be giving its 1.5 million U.S. part-time and full-time employees additional cash bonuses for their work.

Aim long term for a strong currency

Strong currencies reflect strong economies

Flipkart India revenue grew 12% to Rs 34,610 cr in FY20; losses dropped 18%

The company's total expenses for the year were reported at Rs 37,760 crore. During FY20, the company allotted total equity shares worth Rs 4,455 crore to Flipkart Private Limited Singapore

In the year of pandemic, recession and layoffs, Amazon 'hired like mad'

The company has added 427,300 employees in 10 months, bringing its global work force to more than 1.2 million

Amazon launches online pharmacy in US, takes on Walmart, CVS, Walgreens

Shoppers can toggle at checkout between their co-pay and a non-insurance option, heavily discounted for members of its loyalty club Prime

Flipkart, PhonePe monthly active customers at 'all time high': Walmart

Walmart International CEO Doug McMillon says group committed to high-value markets like India.

Walmart surpasses Q3 expectations amid Covid, revenue grows 5.3% to $134 bn

Sales at stores opened at least a year rose 6.4%

Creo Syndicate: Secret club for billionaires who care about climate change

Creo acts like an investment bank, vetting about 300 deals per year, connecting investors with possible partners, and conducting research on technologies