• Business Insider reports that "Walmart has announced that it will invest more than $500 million in building 50 new stores in India over the next three to five years, more than doubling its number of physical stores in the country to 71 ... The new store locations could help increase the company’s brand awareness across India’s vast consumer base, helping it stake out a share in the region’s burgeoning e-commerce sector."
According to the story, "The Walmart-branded stores will be operated by Bharti Enterprises, one of India’s larger mobile carriers, to avoid regulatory restrictions on foreign retailers, while Walmart will provide logistics, inventory, and payments support."
According to the story, "The Walmart-branded stores will be operated by Bharti Enterprises, one of India’s larger mobile carriers, to avoid regulatory restrictions on foreign retailers, while Walmart will provide logistics, inventory, and payments support."
- KC's View:
