BENTONVILLE, Ark. — Wal-Mart is planning to open 50 new wholesale outlets and reach out to small traders with online merchandising, after withdrawing from plans for a joint venture in the subcontinent. The stores are slated to open over the next four to five years, joining Wal-Mart’s 20 existing direct-to-retailer operations in India. The country allows foreign companies to own wholesalers outright, in contrast to restrictions on retail ownership which tripped up joint venture efforts.
Wal-Mart pushes wholesale in India
Most Recent
Most Read
Consumer boycott of Loblaw Companies begins
Fri, May 03rd, 2024
Pont-Masson ad evokes a classic movie
Fri, May 03rd, 2024
Featured Classified: Taiga
Fri, May 03rd, 2024
Canfor announces earnings, acquisition
Thu, May 02nd, 2024
Two more retailers to showcase Quebec-made products
Thu, May 02nd, 2024
Throwback Thursday: “Canadians are ready to start spending again,” we reported ten years ago
Thu, May 02nd, 2024
RONA stores raise money in May to support communities
Thu, May 02nd, 2024
AD Canada garners recognition as great place to work
Thu, May 02nd, 2024
AQMAT unveils its “Family Portrait” of the industry in Quebec
Wed, May 01st, 2024
Is the honeymoon ending for self-checkout?
Wed, May 01st, 2024