Category Archives: International

India Cracks Down on Foreign Retailers — Reuters

  Trouble ahead for Walmart, Amazon and other foreign multinationals that want to do business in India: “New Delhi is clamping down on a long-standing policy to keep foreign investment out of big retail. It means Walmart, which recently ploughed $16 billion into India’s Flipkart, and Amazon can no longer sell products from companies in which they own a stake, nor push vendors to hawk goods exclusively through their online services. They must also ensure they account for no more...

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Walmart Canada – Flipkart Collaboration — Walmart.com

Walmart Canada and Flipkart’s fashion platform, Myntra, have developed a program that serves Indian and South Asian consumers living in Canada: “Enter Walmart.ca and their new collaboration with Flipkart’s fashion focused platform, Myntra. By working together, they can connect Indian sellers with Indian and South Asian customers living in Canada. Plus, customers can take advantage of Myntra’s wide array of private branded housewares and clothing, such as the All About You line from Bollywood actress turned celebrity designer, Deepika Padukone.”...

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Walmart, Amazon Join Forces to Oppose India Retail Restrictions — Bloomberg.com

Walmart and Amazon are working together to ease restrictions on foreign retailers in India: “The bitter rivals have come together in India to lobby the government on regulations that threaten to dampen their expansion ambitions. Among other things, the giant retailers are asking for an extension on a Feb. 1 deadline for implementing those rules, according to people with knowledge of the matter.” P.S. While Walmart and Amazon may be business rivals, the leadership of both companies understands the importance...

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New Rule Adds Wrinkle to Walmart’s India Plans — Fortune.com

  India has passed new laws that further restrict the ability of foreign retailers to sell to consumers: “Now, big foreign firms will no longer be able to treat the third parties, such as RetailNet, Super-ComNet, and OmniTech Retail, as effective extensions of their businesses. “Inventory of a vendor will be deemed to be controlled by [an] e-commerce marketplace entity if more than 25% of purchases of such vendor are from the marketplace entity or its group companies,” the new...

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Walmart China Tests Smaller-Format Store — PYMNTS.com

Walmart China is testing a smaller-format store: “The new store that Walmart is testing is located in the smaller city of Chengdu in Sichuan province and was opened earlier in December. It is about 5,000 square meters, which CNBC noted is close to half the size of a typical Walmart store. The amount of merchandise Walmart sells in the store is also about half of what it normally does so that it can focus on fresh produce. Customers check out...

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Why Walmart Chose Flipkart — CNBC

An analysis of why Walmart decided to invest so heavily in Flipkart, an Indian e-commerce retailer: “The U.S. retail giant bought India’s largest online retailer Flipkart in May 2018, looking to take advantage of both its technical expertise in e-commerce and the burgeoning Indian middle class.” P.S. Opportunities to sell through Walmart’s international partners are growing. Contact us today to set up a consultation with one of our experts.

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Rakuten and Walmart Open the First Walmart eCommerce Store in Japan — Walmart.com

  TOKYO, Japan, Dec. 11, 2018 – Rakuten, Inc. and Walmart, Inc. officially opened the first Walmart eCommerce store in Japan, the ”Walmart Rakuten Ichiba Store,” on the Rakuten Ichiba internet shopping mall. The flagship store combines Walmart’s international expertise in delivering high-quality U.S. branded products at great prices and Rakuten’s strengths in online commerce to bring exciting new shopping experiences to Japanese consumers. The digital Walmart store offers Japanese consumers access to a wide variety of high-quality U.S. branded products,...

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Doug McMillon Concerned About Tariffs — CNBC

Walmart CEO Doug McMillon expressed concern over the need to raise prices if China and the United States continue their trade war: “Walmart is doing its best to keep prices unaffected by the U.S.-China trade war, but if things escalate it could be a different story, CEO Doug McMillon said Thursday. ‘We worry about next spring, next summer, next fall what customers will have to pay if tariffs do escalate,’ McMillon said in an interview with CNBC’s Becky Quick on ‘Closing...

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Walmart China Tests Same-Day Delivery — MultiChannelMerchant.com

Walmart China is testing same-day fresh grocery delivery in one of its stores: “According to TechCrunch, WeChat customers can choose from 8,000 SKUs and receive orders in as little as one hour. Items available on the service include fresh produce, condiments, snacks, baby, personal care and home care items, products from Walmart’s Great Value brand and imported products sourced from around the world.” P.S. Grocery delivery and an expansion of its Chinese operations are two priorities for Walmart right now....

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Successful Singles Day Sale for JD.com — RetailDive.com

JD.com, Walmart’s China e-commerce partner, enjoyed brisk sales on Singles Day: “JD.com, which is a leader in artificial intelligence and blockchain technology, worked closely with other brick-and-mortar retailers for its Singles Day Shopping Festival, the company said. During the sales event, which started on Nov. 1, brands such as Apple, Dell, Dyson, L’Oréal, SK-II and Pampers saw strong sales, and products from the U.S., Japan, Germany, the Netherlands and South Korea were popular.” P.S. Have you ever considered selling your products...

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