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. Mumbai : 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. While Shoppers Stop is planning to invest Rs crore for expansion of its stores and online sale infrastructure within next one year, Walmart is seriously looking at opening 50 stores over next five years. We will be opening six Shoppers Stop stores, three HyperCity stores and five speciality stores during the next 12 months," he told reporters on the sidelines of the annual retail summit here today.
A decade later, Walmart’s secret e-commerce dreams in India are coming true
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Flipkart to acquire Walmart India’s wholesale business
The mission of Best Price is "Enabling businesses to prosper…every single member". In , Walmart India became a wholly owned subsidiary of Walmart Inc. It also operates 1 Fulfillment Centre in the country, in Lucknow. Other business segments who are our members are hotels, restaurants, offices and institutions.
Since launching in , Flipkart has enabled millions of consumers, sellers, merchants, and small businesses to be a part of India's e-commerce revolution. It has a registered customer base of over million and offers upwards of million products across more than 80 categories. Flipkart is known for pioneering services such as Cash on Delivery, No Cost EMI and easy returns — customer-centric innovations that have made online shopping more accessible and affordable for millions of Indians.