Edition:
India

Nandita Bose

U.S. pilot program allows online grocery shopping with food stamps

18 Apr 2019

WASHINGTON The U.S. Department of Agriculture on Thursday said it has launched a pilot program in New York that allows consumers dependant on food stamps to use them to buy groceries online, a move that is likely to boost sales at retailers like Walmart Inc and Amazon.com Inc.

Walmart responds to Bezos with tweet asking Amazon to pay taxes

12 Apr 2019

Amazon.com Inc Chief Executive Jeff Bezos on Thursday challenged retailers to hike their minimum wages to $16 an hour, prompting a comeback from Walmart Inc which asked its rivals to pay taxes. | Video

Target raises hourly minimum wage to $13, further topping Walmart's $11

05 Apr 2019

WASHINGTON Target Corp will raise its U.S. minimum wage to $13 an hour in June, from $12, increasing its payroll costs and putting new pressure on rival Walmart Inc to follow suit, given a labour market that is among the tightest in half a century.

Target raises minimum wage to $13/hour in tight labor market

04 Apr 2019

WASHINGTON, April 4 Target Corp will raise its U.S. minimum wage to $13 an hour in June, from $12 currently, increasing its payroll costs and putting new pressure on rival Walmart Inc to attract retail workers in a tight labor market.

Exclusive: Walmart's Chief Technology Officer leaves company as e-commerce wars flare

21 Mar 2019

WASHINGTON Walmart Inc. Chief Technology Officer Jeremy King is leaving the company, according to an internal company memo, even as the retailer races to transform its e-commerce business and close the gap with rival Amazon.com Inc.

Amazon's second headquarters clears blocks in Virginia funding vote

17 Mar 2019

WASHINGTON Amazon.com Inc's planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon in November picked National Landing, a site jointly owned by Arlington County and the city of Alexandria, just outside Washington, along with New York City for its so-called HQ2 or second headquarters. That followed a year-long search in which hundreds of municipalities, ranging from Newark, New Jersey, to Indianapolis, competed for the coveted tax-dollars and high-wage jobs the project promises.

Amazon's second headquarters faces new blocks in Virginia funding vote

17 Mar 2019

WASHINGTON Amazon.com Inc's plan to set up a second headquarters in northern Virginia, after being rebuffed in New York, will face its first test when local officials vote on Saturday on a proposed financial package worth an estimated $51 million. | Video

Walmart seeks ad business boost in fight with Amazon

27 Feb 2019

WASHINGTON Walmart Inc will consolidate advertising sales for its stores and websites, it said on Tuesday, aiming to boost profits from an untapped business as the world's largest retailer competes with marketing titans Amazon.com Inc, Alphabet Inc's Google and Facebook Inc.

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