Edition:
India

Nandita Bose

Strong U.S. economy boosts Walmart's third-quarter sales

15 Nov 2018

NEW YORK Walmart Inc reported higher-than-expected quarterly U.S. comparable sales on Thursday and raised its full year outlook as a strong economy boosted customer store visits and e-commerce purchases grew as it sold more groceries online.

CEO of Walmart's India venture resigns after sexual assault accusation: source

15 Nov 2018

The chief executive of Flipkart Group, Walmart Inc's Indian e-commerce business, resigned following an internal probe into accusations of "serious personal misconduct," Walmart said Tuesday. | Video

Walmart kicks off U.S. holiday season with faster checkout, digital store maps

30 Oct 2018

NEW YORK Walmart Inc said on Tuesday it will offer faster checkout at its stores and easier navigation with digital maps indicating exact locations of products, as it gears up to grab a larger share of shoppers' gift budgets this holiday season.

Walmart kicks off U.S. holiday season with faster checkout, digital store maps

30 Oct 2018

NEW YORK, Oct 30 Walmart Inc said on Tuesday it will offer faster checkout at its stores and easier navigation with digital maps indicating exact locations of products, as it gears up to grab a larger share of shoppers' gift budgets this holiday season.

Target's two-day holiday shipping option beats Amazon, Walmart

24 Oct 2018

NEW YORK Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at local stores.

Target expands delivery, pickup options ahead of U.S. holiday season

24 Oct 2018

NEW YORK, Oct 23 Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at a local store.

Walmart CEO points to new company culture, cuts profit forecast

17 Oct 2018

Walmart Inc's chief executive officer on Tuesday urged investors to revise their view of the company's business, touting its tech investments to grow online sales at a time that Walmart is battling Amazon.com for market share.

Sears faces tough foe: an unforgiving bankruptcy code

16 Oct 2018

When Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, it said it would close another 142 unprofitable Sears and Kmart locations and seek to reorganize around financially healthier stores. It also triggered a "time bomb" that retailers have had a tough time surviving.

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