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US retail giant News

19 Aug 2015

Wal-Mart's drug problem: Pharmacy business drags on profit

The company warned that the margin squeeze would continue for at least the remainder of the year.

23 Jul 2015

Wal-Mart buys out China e-commerce firm Yihaodian in online push

Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.

26 May 2015

Walmart to open two wholesale stores in Andhra, Punjab

Continuing with its measured expansion of wholesale stores in India, US retail giant Walmart plans to open two more outlets -- in Visakhapatnam, Andhra Pradesh and Ludhiana, Punjab.

08 Dec 2014

Amazon hit by pre-Christmas season strike in Germany

Workers went on strike at a German site of Amazon on Monday, aiming to hit the US online retail giant in the busy pre-Christmas season amid a long-running pay dispute.

20 Sep 2014

Walmart to extend online wholesale platform reach from Oct 1

The US-retail giant at present operates B2B e-commerce platform in two cities--Hyderabad and Lucknow-- in the country.

01 Jul 2014

Wal-Mart starts virtual wholesale stores in Hyderabad, Lucknow

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

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