Wal-Mart is in the process of fixing the issues due to which it had to cut its ties with the logistics firm. In a significant development that marks a setback against Wal-Mart’s efforts to fight Amazon.com in the groceries segment, logistics firm Deliv and Walmart Inc have discontinued their same-day grocery delivery partnership. In 2018,…
The strategic acquisition has multiple sweet spots: not only it places Wal-Mart on a better footing in its competition with its peer – Amazon.com Inc, it will also provide Wal-Mart crucial learning experience which it can use in other markets. In a move that will enable Walmart Inc to increase its footprint in Chile and…
Deliveries by self-driving cars from the Fry’s store will cost $5.95 with no minimum order and will be available at addresses within the store’s zip code of 85257. On Thursday, U.S. supermarket operator Kroger Co stated it will begin testing driverless grocery deliveries from today and to do so it has partnered with tech firm…
Flipkart is the vehicle through which Wal-Mart is fighting back its prime competitor – Amazon.com. On Wednesday, in a move aimed at retaining customer loyalty, Indian e-commerce giant Flipkart stated, it will be launching its second loyalty program later in August 2018, as it move to better fight Amazon.com Inc’s Prime plan. Bengaluru-headquartered Flipkart stated,…
The partnership will enable Wal-Mart to boost its online presence and tap into Microsoft’s repertoire of cloud services and advances in artificial intelligence technologies which could potentially enable it to provide customers at its brick and mortar stores cashier-less checkouts. On Tuesday, Walmart Inc, the world’s biggest brick-and-mortar retailer, disclosed it had entered into a…
The deal essentially acts as a point of entry for Wal-Mart into India’s highly competitive e-commerce market. Flipkart and Wal-Mart can finally level the playing field against Amazon.com, the world’s biggest online retailer. On Friday, as per a Bloomberg report citing anonymous sources, Indian e-commerce giant Flipkart has agreed to sell an a 75% equity…
Flipkart is likely to provide Wal-Mart the leverage it needs to fight Amazon.com in India and globally, making the purchase of a stake in Flipkart very strategic. On Wednesday, sources familiar with the matter at hand have told CNBC-TV18 that Amazon.com Inc has made a formal offer to purchase a 60% stake in Indian online…
Apple has reached a major milestone with this achievement. The next step is to encourage suppliers to follow suit. Apple has stated, it has achieved its goal of powering all of the company’s facilities, including data centers, retail stores and offices in 43 countries, with renewable energy. Many big U.S. companies, including Alphabet, Apple and…
Founded by former Amazon employees Binny Bansal and Sachin Bansal in 2007, Flipkart controls almost 40% of India’s online retail market, as per Forrester, a research firm. Indian local news daily, Mint has reported citing sources familiar with the matter at hand, Amazon.com Inc is likely to place an offer to acquire its Indian peer…
The development is a follow through on Amazon’s $13 billion acquisition of Whole Foods in 2017. On Thursday, Amazon.com Inc stated it would start delivering Whole Foods groceries to Prime Now members in select U.S. cities; the service will soon expand to the rest of the country as well. In a statement, the world’s largest…
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