The reason is simple. About 55% of Walmart sales come from its grocery business, and these sales are relatively low margin. In order to generate better...
Flipkart, Amazon, Grofers, Walmart and dozens of other companies both local and global are fighting for pieces of India’s grocery delivery industry. Dominant players could make...
Walmart, trying to battle Amazon on many fronts, just offered up $16 billion for a majority stake in India’s e-commerce giant, Flipkart. Flipkart is the biggest...
Wal-Mart’s online sales are growing, soaring 69 percent in the first quarter. This is the fastest pace in at least five years, gaining momentum, as it...