Tuesday, November 5

Tag: wholesale

Walmart to Launch 30 Stores In Next 3 Years In India
News

Walmart to Launch 30 Stores In Next 3 Years In India

US-based multinational retailing corporation Walmart is planning to open nearly 30 new wholesale cash-and-carry stores in the next three years in India, basically in Uttar Pradesh (UP) and Uttarakhand, mentioned by the top company official. Walmart India, the wholly owned subsidiary of Walmart Inc, has inaugurated its second B2B fulfilment centre (FC) in Lucknow. It is set to accelerate the growth of its store network in the country. Walmart India President and CEO Krish Iyer mentioned that “We would launch two stores this year, eight stores next year and 10 stores a year after that, Walmart has plans to add 50 stores in the next five to seven years." Besides, the company has a signed memorandum of understanding (MoU) with the government of UP to have 15 stores in the next few yea...
Metro Cash & Carry To Start Ecommerce For B2B By Dec-End
News

Metro Cash & Carry To Start Ecommerce For B2B By Dec-End

Metro Cash & Carry will start online sales for business customers by year-end as it looks to expand its market position in the growing segment, a top official of the company said. The company also plans to add more stores to its network. To woo small kirana shops, the company has also started giving them credit ranging from Rs 1 lakh to Rs 15 lakh on their purchases besides delivering products at their stores. "In the next 60 to 90 days, before the end of this year, we would be starting our new e-commerce solutions," Metro Cash & Carry India CEO and MD Arvind Mediratta told PTI. At present, its sales team visits kirana shops to take orders directly. "... in future, the customer would not have to wait for them. They would go online, place the order and it would be delive...