Walmart
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Massmart disposes non-core food units to Shoprite’s Checkers for US$89m
SOUTH AFRICA – Shoprite’s grocery unit Checkers has come to the rescue of South African retailer Massmart, by entering into a deal to acquire the…
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Walmart-owned Flipkart to invest in grocery, last mile delivery after raising US$3.6B in latest funding round
INDIA — Flipkart, a rapidly expanding e-commerce giant backed by Walmart, has raised US$3.6 billion in the latest funding round led by Canada Pension Plan Investment. …
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Walmart debuts private label beef in US as avocado consumption hits record highs
US – American multinational retail corporation Walmart has debuted a private label beef line called McClaren Farms in stores across the Southeast as it looks…
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Massmart shifts to bigger, upgraded Distribution Center enhancing service delivery
SOUTH AFRICA – South African retailer Massmart, has built a new state-of-the-art Distribution Centre (DC) in Brackenfell, Cape Town, featuring an eye-catching curved and seamless…
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7 food companies featured in Times 100 most influential companies
US – 7 food companies have been featured in TIME100 Most Influential Companies, a new list—and an expansion of Time Magazine’s iconic TIME100 franchise—that highlights…