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Walmart

Walmart looking to buy stake in India’s Flipkart

Walmart looking to buy stake in India’s Flipkart

MUMBAI — Walmart is in talks to buy a stake in Indian e-commerce company Flipkart, Thomson Reuters reported today, citing sources familiar with the matter. Walmart is reportedly eyeing a stake of 40% or more in India’s largest online marketplace. An investment from Walmart would give Flipkart muscle in its battle with Amazon.com, which has

Walmart’s e-focus

NEW YORK — Walmart is increasingly becoming a technology company, seeing its transformation into an omnichannel retailer as critical to its continued growth. But Walmart president and chief executive officer Doug McMillon insists that retailing is still a people business, and “our people will ultimately be the way that we win.” McMillon spoke about people

Big data, big impact: maximizing in-store technology

Big data, big impact: maximizing in-store technology

Editor’s Note: In this article, the third in a series on all things digital retail, the authors examine how advanced analytics and machine learning are creating new possibilities for customer-centricity. Our first article outlined the evolving competitive and consumer landscape driven by Walmart and Amazon. Our second article discussed how food, drug and mass (FDM)

Walmart, Rakuten form strategic partnership

Walmart, Rakuten form strategic partnership

BENTONVILLE, Ark. — Walmart has formed an alliance with Japan’s largest online retailer, Rakuten Inc., that leverages each partner’s strengths and assets to expand consumer reach and enhance the way customers are served in Japan and the United States, the companies announced Thursday night after Walmart president and chief executive officer Doug McMillon met in

Walmart’s McMillon talks tech, people

Walmart’s McMillon talks tech, people

NEW YORK — Despite the technology that is changing the way stores operate and consumers shop, retailing is still a people business, Walmart president and CEO Doug McMillon said on Sunday. “The way the customers feel when they leave the store, or your web site or app, determines how fast they’re going to come back,”

Judith McKenna to head Walmart International

Judith McKenna to head Walmart International

BENTONVILLE, Ark. — Walmart has named Judith McKenna president and chief executive officer of Walmart International, effective February 1. She will succeed David Cheesewright. Cheesewright has led Walmart’s international division, which is the company’s second largest operating unit, since 2014. He will remain with Walmart in a full-time capacity through March, and will then move into

Walmart rolls out free DisposeRx packets

Walmart rolls out free DisposeRx packets

BENTONVILLE, Ark. — Walmart has begun offering pharmacy patients filling opioid prescriptions a free drug disposal packet containing a biodegradable powder that enables them to safely discard unwanted, unused or expired medication. Walmart said Wednesday that the packet, from DisposeRx Inc., will now be given to patients filling any new Class II opioid prescription at any

McMillon named Retailer of the Year by MMR

McMillon named Retailer of the Year by MMR

BENTONVILLE, Ark. — When Doug McMillon, who started his business career as an hourly worker at a Walmart distribution center in 1984, was selected to be president and chief executive officer of the company four years ago, industry observers expressed confidence that he would preserve the ethos established by Sam Walton, the retailer’s legendary founder.

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