Doing Business at the Bottom of the Pyramid Is Not All about Low-Income Countries
An Hodgson
Although low-income consumers predominantly concentrate in developing countries, the idea of doing business at the bottom of the pyramid (BOP) is not all about the world’s poorest nations. In developed countries, the number of households with an…
Walmart Inc. Interested in India’s Flipkart.com, Amazon Watch Out
Shabori Das
There is speculation that Walmart Inc. is planning to invest close to US$1 billion in India’s home grown retailer, Flipkart Online Services Pvt Ltd (Flipkart.com). In case this deal does goes through, Flipkart.com backed by Walmart will be India’s…
Mexico Department Store Liverpool Acquires Walmart Chain Suburbia
Euromonitor International
Introduction Mexican department store company El Puerto de Liverpool SAB de CV announced on August 10 that it has acquired the retail chain Suburbia from Wal-Mart de México SAB de CV for a total of Mx$19,000 million (approximately US$1 billion),…
Why Walmart Just Paid $3 Billion for a Company that is Less than a Year Old
Euromonitor International
On August 8th, 2016, Wal-Mart Stores confirmed that it is indeed purchasing Jet.com for US$3.3 billion. Wal-Mart Stores issued a press release about the acquisition. This was followed by a conference call with the media hosted by the president and…
Why Wal-mart wants to buy Jet.com and what you need to know about the potential deal
Michelle Malison
It was recently announced that Wal-Mart Stores Inc. is in discussion to acquire an up and coming US etailer, Jet.com. Jet.com seeks to revolutionize the logistics of ecommerce Marc Lore founded Jet.com just last year in July 2015. He’s known for his…
Key Takeaways from World of Wipes 2016
Jabel Parayil
INDA, the Association of the Nonwoven Fabric Industry, held its World of Wipes International Conference at the Sheraton Grand Chicago Hotel 7-10 June. Experts, manufacturers and consultants from various sectors of the wipes industry converged to…
Walmart Finds Out How Small is too Small for its Stores’ Sizes
Euromonitor International
It looks like Walmart’s New Year’s Resolution is to shed stores. On 15 January 2016, the company announced that it would close 269 stores globally, including a surprising 154 in the US, its home market. In both cases this is a relatively small…
The Top Five Global Retailers in 2014
Raphaël Moreau
Wal-Mart is still the worlds largest global retailer, maintaining its ranking at three times the size of it's nearest rival, Carrefour. This video examines the global trends impacting the ranking and position of these and other brands composing of…
Sub-Saharan Africa: The Next Retailing Frontier
Euromonitor International
Retailing in Sub-Saharan Africa, with 10% CAGR for 2008-2013, showed the fastest growth globally, driven by socioeconomic factors, such as rising GDP, consumer expenditure and increasing urbanisation. Disposable income in Africa’s largest cities is…