In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.
Massmart will have to take a long, hard look at its embattled Massdiscounters division to turn the group’s fortunes around, and this should include a rationalisation of its Game and DionWired stores.
When Walmart paid $16-billion for control of India’s e-commerce pioneer Flipkart Online Services from investors, including Naspers, last year, the US retail giant got a little-noticed digital payments subsidiary as part of the deal.
Walmart is close to finalising a deal to buy a majority stake in India’s leading e-commerce company for at least $12bn and may complete the agreement in the next two weeks, according to people familiar with the matter
Click-and-collect e-commerce, such as the locker system that Makro will introduce this year, is set to boom, according to a new report by Deloitte. The firm says in its TMT Predictions 2015 report, released last week, that strong growth is expected in Europe
Makro announced last week that it had entered into a partnership with Sasol to build e-commerce “lockers” on the fuel retailer’s forecourts. The lockers are not a new idea, having been pioneered in the US, UK and elsewhere by retailers such as Amazon and the Walmart-owned Asda, but it is