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Carrefour to exit India, shut five wholesale stores

Last Updated: Tuesday, July 08, 2014, 06:46

French retail giant Carrefour SA will shut down its Indian operations and close its wholesale stores in the country, as it exits underperforming markets to focus on reviving its French business.

Wal-Mart back on top of Fortune Global 500 list

Last Updated: Monday, July 07, 2014, 20:29

Meanwhile there were 150 European companies this year, slipping from 151 last year. 

Wal-Mart starts virtual wholesale stores in Hyderabad, Lucknow

Last Updated: Tuesday, July 01, 2014, 15:40

The US retail giant operates 20 wholesale stores under the brand 'Best Price' in India.

Wal-Mart to launch e-commerce marketplace in India in July

Last Updated: Saturday, June 14, 2014, 09:57

Wal-Mart Stores Inc will launch its business-to-business e-commerce platform in the Indian cities of Lucknow and Hyderabad in the first week of July, its India boss said on Friday.

Walmart to roll out B2B e-com; studying FDI in multi-brand

Last Updated: Friday, June 13, 2014, 20:09

US retail giant Walmart will roll out business-to-business (B2B) e-commerce operations in select locations in India next month and will continue to 'study the environment' for FDI in multi-brand retail.

Alibaba launches US shopping website: Report

Last Updated: Wednesday, June 11, 2014, 17:28

The online marketplace 11 Main, which hosts more than 1,000 merchants selling products ranging from clothing and interior goods to arts and crafts, will help Alibaba compete with Amazon and eBay, Dow Jones Newswires reported.

Walmart.Com names new US chief

Last Updated: Tuesday, June 10, 2014, 23:54

Walmart.Com US CEO and President Joel Anderson is leaving at the end of the month to take a job as president of discount-store chain Five Below Inc.

Wal-Mart.com CEO Joel Anderson to step down

Last Updated: Tuesday, June 10, 2014, 10:19

Anderson will take up a job at a different company, Wal-Mart spokesman Dan Toporek told Reuters in an email.

Five people, including 2 police, dead in Las Vegas ambush shooting

Last Updated: Monday, June 09, 2014, 08:55

An armed man and woman shouting about a "revolution" opened fire and killed two Las Vegas policemen who were eating lunch in a pizza parlor on Sunday, then fatally shot a civilian in a nearby Walmart store before killing themselves, police said.

Speed up pace of change: Wal-Mart CEO

Last Updated: Saturday, June 07, 2014, 09:14

Wal-Mart has more than tripled the number of items it sells online to more than 7 million from 2 million just 18 months ago.

Walmart's 'iMade in USA' push exposes strains of manufacturing rebirth

Last Updated: Wednesday, June 04, 2014, 13:01

When Walmart pledged last year to buy an extra USD 250 billion in U.S.-made goods over the next decade, it appeared to be just what was needed to help move America`s putative manufacturing renaissance from rhetoric to reality.

Wal-Mart fights back at proxy firm

Last Updated: Friday, May 30, 2014, 04:21

Wal-Mart, the world's largest retailer, fired back at a prominent proxy advisory firm that critiqued the company's executive pay plan and how it's handled an overseas bribery probe.