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Next Retail India Ltd is a subsidiary of the Videocon Industries Ltd and engages in retailing consumer electronics in India. [3] It was founded in 2003 and currently has 600 showrooms across 25 states of India. It plans to open 400 new showrooms to increase its size to 1,000 odd retail stores by the end of the fiscal year 2010–11.
Not a lot has gone right for shares of streaming giant Netflix (NASDAQ:NFLX) over the past few months. Rising rates are pressuring the company’s debt-heavy balance sheet, and creating a drag on ...
With United States population of about 300 million, and India's population of about 1200 million, if Walmart-like retail companies were to expand in India as much as their presence in the United States, and the staffing level in Indian stores kept at the same level as in the United States stores, Walmart alone would employ 5.6 million Indian ...
Cifra - Walmart's operations in Mexico started as Walmex, a joint venture between Cifra of Mexico and Wal-Mart Stores, Inc. Walmart later bought a majority interest in Cifra and changed the name to Walmart de Mexico. Walmex is independently traded on the Mexican stock exchange, although Wal-Mart Stores, Inc. holds a majority interest.
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Sam's Choice, originally introduced as Sam's American Choice in 1991, is a retail brand in food and selected hard goods. Named after Sam Walton, founder of Walmart, Sam's Choice forms the premium tier of Walmart's two-tiered core corporate grocery branding strategy that also includes the larger Great Value brand of discount-priced staple items.
In March 2020, Walmart India announced that Iyer will be moving to an advisory role by April 2020 as his contract with the company is set to expire. Sameer Aggarwal has been elevated as head of Walmart's India operations to replace Iyer.
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