Tag:
Walmart
eCommerce
Walmart Overhauls Hourly Wage Structure for Entry-Level Store Workers Amid Job Market Slowdown
In response to economic shifts and a cooling job market, Walmart has announced significant changes to its hourly starting wage structure for entry-level store...
eCommerce
Walmart Invests $3.5 bn to Strengthen Its Hold on Flipkart
In a strategic move aimed at solidifying its position in the rapidly growing Indian e-commerce market, retail giant Walmart has invested a staggering $3.5...
CIO
Walmart Aims to Boost E-commerce Profitability, Indicates Strong Digital Investment
In a recent statement, Walmart CEO Doug McMillon outlined the company’s strategic focus on enhancing digital margins to drive e-commerce profitability. The retail giant...
eCommerce
Walmart buys Tiger Global’s 4% stake in Flipkart for $1.4 bn
Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in e-commerce firm Flipkart, the Wall Street Journal reported.
A Walmart spokesperson confirmed...
CIO
Walmart and latest digital transformation initiatives
Walmart, which reported revenue of $152.3 billion (+7.6 percent) in the first quarter of 2023, has revealed its achievements following investment in digital transformation...
eCommerce
Flipkart and PhonePe could be $100 bn businesses in India, Walmart says
Walmart’s CFO John David Rainey -- during an investor conference – has expressed optimism about the growth potential of its Flipkart online marketplace and...
mobility
Infosys in pact with Walmart to offer Store Assist to retailers
Infosys today announced a collaboration with Walmart Commerce Technologies to help retailers implement and use Store Assist.
Store Assist enables retailers to provide seamless omnichannel...
eCommerce
Walmart steps up investment in supply chain technologies
US-based retail giant Walmart has revealed its growth strategy and unveiled innovation in supply chain technologies at its 2023 investment community meeting.
Walmart said it...