IndiaRetailBiz

Walmart Stores Inc, the world’s largest retailer, which operates a retail JV with India’s telecom behemoth Bharti Enterprises (Bharti Walmart Retail Limited), is satisfied with its results and is looking at expanding the footprint of its cash and carry stores in India. This was stated by Anand Sharma, Commerce & Industries minister of India, while [...]

Walmart Stores, world’s largest multi-brand retailer with over $400 billion in annual sales and operations under 53 banners across 15 countries (including India), is lobbying hard for change of policy on foreign direct investment (FDI) in multi-brand retail in India.
Currently, while no FDI is allowed in the multi-brand segment of retail operations, up to 51 [...]

Bharti Wal-Mart Pvt Ltd, the 50:50 joint venture between Wal-Mart Stores –the world’s largest retailer– and Bharti Enterprises– India’s largest mobile service provider– is looking at either the West or the South zone for expansion of its ‘Cash and Carry’ wholesale centres.
The JV has already launched its first C&C store under the brand name of [...]

Walmart– the world’s largest big box retailer– which operates in India via its 50:50 JV with India’s private telecom giant Bharti group, is keen on expanding its operations in India. According to S Robson Walton, its chairman, the retailer is also looking at expanding its presence in China.
“Internationally, we’re focusing on larger markets. China is [...]

Rajan Mittal, Vice-Chairman of Bharti Enterprises, which owns Bharti group’s retail arm Bharti Retail, has pitched hard for allowing foreign investment (FDI) in front-end, multi-brand, retail. Currently, there is a complete ban on inducting FDI in this segment, which accounts for bulk of retail business, in India.
FDI in retail has traditionally been opposed by small [...]

Bharti Wal-Mart, which began its India operations with opening of cash and carry (B2B) wholesale store under the banner of “Best Price Modern Wholesale” in the holy city of Amritsar in Punjab, has also begun partenering with the government (PPP) as well as large multi-national private sector corporates to undertake projects of social importance.
Bharti walmart [...]

Green is In! In what could turn out as a ‘game changing’ initiative, the world’s largest retailer Walmart has proposed to create “sustainable product index.”
The Index, perhaps a composite number that provides a single measure of environmental information, is expected to tell the consumer as to how a product she is buying affected the planet.
To [...]

Doug McMillon, 42, CEO, Wal-Mart International, among the top ranking officials of the company, is on visit to India.
The world’s largest retailer and largest employer, which garners annual revenues of $404 billion and employee strength of 2.1 million persons worldwide, has set up a retail joint venture in India.
The Wal-mart’s  joint venture with Sunil Mittal-led Bharti Enterprises has already begun [...]

A parliamentary standing committee on commerce in its report titled “Foreign and Domestic Investment in Retail Sector” submitted to the government has recommended imposition of a blanket ban on foreign direct investment (FDI) in retail.
“The committee…recommend that a blanket ban should be imposed on domestic corporate heavyweights and foreign retailers from entering [...]

Bharti Wal-Mart, the 50:50 joint venture between India’s telecom behemoth Bharti Enterprises and the world’s largest US-based retailer Wal-Mart Stores Inc, rolled out its first store on Saturday, the 30th May, 2009, at Amritsar in Punjab.
The first store named “Best Price Modern Wholesale” is a Cash & Carry format based store. [...]